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Japan H2 Mobility aims to launch 24 more hydrogen stations in 2020-21

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Japan H2 Mobility aims to launch 24 more hydrogen stations in 2020-21

Tokyo — Japan H2 Mobility, or JHyM, intends to launch at least 24 more hydrogen stations in Japan in fiscal 2020-21 (April-March), following the recent participation of Konan Kogyo in the further development of the country's hydrogen station network, a JHyM official said Friday.

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The latest participation of Konan Kogyo, which directly runs eight service stations in Aichi prefecture, central Japan, follows the recent approval by the Ministry of Economy, Trade and Industry of fiscal 2020-21 subsidies for building hydrogen stations.

In the latest development, Konan Kogyo, which has become the 24th company to participate in JHyM's hydrogen station project, aims to start operating a hydrogen station in Aichi prefecture in April 2021.

JHyM's aim to launch at least 24 more hydrogen stations is part of METI's target to install 160 hydrogen stations in fiscal 2020-21. As of Friday, Japan has a total of 127 hydrogen stations in the country.

Following the inception of JHyM as a joint venture in February 2018, a total of 24 companies, including 14 infrastructure companies, are participating in this project.

The 24 companies are: Toyota Motor, Nissan Motor, Honda Motor, JXTG Nippon Oil & Energy, Idemitsu Kosan, Iwatani Corporation, Tokyo Gas, Toho Gas, Air Liquide Japan, Nemoto-Tsusho, Seiryu Power Energy, Tama Koun, Toyama Hydrogen Energy Promotion Council, Nangoku Corporation, Fukuoka Oxygen, Marui Transport, Konan Kogyo, Toyota-Tsusho, Development Bank of Japan, JA Mitsui Lease, Sompo Japan Insurance, Mitsui Sumitomo Finance & Leasing, NEC Capital Solutions and Mirai Creation Fund.