Marubeni Corporation launched the first green H₂ injection demonstration project in the natural gas distribution network of Portugal through its investment in Floene Energias, S.A., a gas distribution system operator in Portugal with over 70% of the country’s market share (Marubeni holds a 22.5% stake in Floene through a joint venture with Toho Gas).

In this demonstration project, Floene is transporting green H₂ through its newly-constructed H₂ pipeline, injecting it into its existing natural gas network, and distributing it to a customer base at around 80 residential, commercial and industrial locations. The green H₂ utilized is produced by a local company through an electrolysis process to split water using solar power. Floene plans to increase its injection ratio up to 20% during a two-year demonstration period as the Portuguese government is targeting a 10 to 15% injection ratio by 2030 in its National H₂ Strategy.

Marubeni has positioned Green Strategy as one of its basic policies for its mid-term Management Strategy GC2024, and the Marubeni Group aspires to be a forerunner in green businesses. Marubeni is also promoting a green H₂ demonstration project in Chile. The company will contribute to decarbonization and energy transition through the promotion of renewable gases such as H₂ and biomethane in Portugal and Chile.