Business Wire

WOVEN-PLANET-HOLDINGS

23.3.2022 05:32:09 CET | Business Wire | Press release

Share
ENEOS, Toyota, and Woven Planet Collaborate to Facilitate CO2-free Hydrogen Production and Usage for Woven City and Beyond

ENEOS Corporation (ENEOS) and Toyota Motor Corporation (Toyota) have signed a joint agreement to explore CO2 -free hydrogen production and usage at Woven City, the prototype city of the future that Toyota has started to develop in Susono City, Shizuoka Prefecture, Japan. Together with Toyota’s subsidiary Woven Planet Holdings, Inc. (Woven Planet), they will accelerate efforts by managing technical logistics.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220322006181/en/

As described in the Basic Agreement signed in 2021, ENEOS and Toyota have decided to commence construction and operation of a hydrogen refueling station in close proximity to Woven City to produce and supply CO2 -free hydrogen to Woven City and Fuel Cell Electric Vehicles (FCEVs) (Item 1 and 2 set forth below). Together, they will also research and design an efficient hydrogen supply and demand management system (Item 3 described below). The ENEOS hydrogen refueling station is scheduled to begin operations before the opening of Woven City in 2024-2025.

Items to be considered at the time of the Basic Agreement*1

  1. ENEOS to establish and operate a hydrogen refueling station in close proximity to Woven City
  2. ENEOS to produce "green hydrogen," hydrogen derived from renewable energy, by electrolyzers at the aforementioned station and supply it to Woven City to be used at a stationary fuel cell generator that will be installed within Woven City by Toyota
  3. Promote the use of hydrogen-powered fuel cell mobility for logistics in and nearby Woven City. Validate a base unit*2 of hydrogen demand for those mobility logistics as well as build a supply and demand management system
  4. Conduct joint advanced research on hydrogen supply at the demonstration hub to be established within Woven City

Items that have been decided in the joint development agreement this time

Item 1)

- Construct a hydrogen refueling station adjacent to Woven City

(Scheduled to be constructed at 1576-3, Mishuku Aza Hounokidaira, Susono-city, Shizuoka-Pref., Japan)

Item 2)

- Install electrolyzers at the hydrogen refueling station, which will produce CO2 -free hydrogen using electricity generated by renewable energy

- Supply CO2 -free hydrogen to not only various FCEVs from passenger cars to commercial vehicles but also to Woven City using a pipeline

- Install a stationary fuel cell generator at the hydrogen refueling station in case of a power outage*3

Item 3)

- Consider connecting the Community Energy Management System (CEMS) of Woven City with the hydrogen EMS of ENEOS to optimize hydrogen production

The ENEOS hydrogen refueling station will “produce” the hydrogen that will meet the energy needs of “users,” FCEVs in and around Woven City and Woven City as well. This collaboration expedites our progress toward realizing a truly carbon-neutral society and will facilitate and normalize clean energy operations first at Woven City and eventually the world.

Woven City is the project of Toyota aiming to create happiness through mobility of "people," "goods," and "information." It is focused on three pillars. That are: Human-Centered City that makes people happier in their everyday lives, considering the needs of different kinds of people before and during the development of technology; Living Laboratory, the first-of-its-kind test track for mobility where researchers, engineers, and scientists demonstrate innovative ideas and future technologies both virtually and in the real world; and Ever-Evolving City, rooted in Toyota’s kaizen (continuous improvement) approach, is focused on new ideas that provide better mobility of information, goods, and people.

*1 Announced on May 10, 2021 “ENEOS and Toyota Come Together to Make Woven City the Most Hydrogen-Based Society”
*2 Hydrogen can be supplied to FCEVs even during power outages by using stored hydrogen to operate a hydrogen refueling system with a stationary fuel cell generator. This allows the external power supply function of FCEVs to be utilized to provide power support where electricity is needed.
*3 The "base unit" is a standard of measurement required to ensure a result that is both practically valuable to users and commercially viable.

About ENEOS Corporation
Under ENEOS Holdings, Inc., the ENEOS Group has developed businesses in the energy and nonferrous metals segments, from upstream to downstream. The Group's envisioned goals for 2040 are: becoming one of the most prominent and internationally-competitive energy and materials company groups in Asia, creating value by transforming our current business structure, and contributing to the development of a low-carbon, recycling-oriented society with the pursuit of carbon-neutral status in its own CO2 emissions. ENEOS Corporation, one of the principal operating companies in the Group, is contributing to achievement of the Group's envisioned goals through a broad range of energy businesses.
https://www.hd.eneos.co.jp/english/
https://www.eneos.co.jp/english/

About Toyota Motor Corporation
Toyota Motor Corporation (Toyota) (NYSE: TM) is the global mobility company that introduced the Prius hybrid-electric car in 1997 and the first mass-produced fuel cell sedan, Mirai, in 2014. Headquartered in Toyota City, Japan, Toyota has been making cars since 1937. Today, Toyota proudly employs 370,000 employees in communities around the world. Together, they build around 10 million vehicles per year in 28 countries and regions, from mainstream cars and premium vehicles to mini-vehicles and commercial trucks, and sell them in more than 170 countries and regions under the brands Toyota, Lexus, Daihatsu and Hino.
For more information, please visit https://global.toyota/en

Woven Planet
Woven Planet is building the safest mobility in the world. A subsidiary of Toyota, Woven Planet innovates and invests in new technologies, software, and business models that transform how we live, work and move. With a focus on automated driving, smart cities, robotics and more, Woven Planet builds on Toyota's legacy of trust to deliver secure, connected, reliable, and sustainable mobility solutions for all.
Learn more at woven-planet.global.

End

Link:

ClickThru

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Aurora Solar Expands Beyond Solar, Adds Home Electrification, More Flexible Financing, and a Growing International Footprint22.9.2026 12:00:00 CEST | Press release

Aurora Solar continues to lead the market with platform-wide updates, home electrification integrated into the sales proposal, and solutions tailor-made for the U.K. Aurora Solar today announced platform updates across the U.S., U.K., and Europe, reaching beyond solar + storage and into the electrified home. The 2026 Aurora Solar Snapshot found that 71% of U.S. homeowners are interested in solar. These advances help turn that interest into action, giving installers and homeowners flexible financing, accurate proposals, a low-pressure way to buy, and insight into the potential for an electrified home. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260922783110/en/ The updates include: Home electrification integrated into proposals: Empowers sales pros to seamlessly quote energy optimizations like HVAC, EV chargers, and battery storage in the same sales proposal as solar. Available to U.S. installers. Prepaid leases and financ

Philip Morris International Publishes Inaugural Taskforce on Nature-related Financial Disclosures Report22.9.2026 11:00:00 CEST | Press release

Nature-related assessment highlights links between ecosystem resilience and business performance Philip Morris International Inc. (PMI) (NYSE: PM) today published its inaugural Taskforce on Nature-related Financial Disclosures (TNFD) Report, providing shareholders and other stakeholders with its most comprehensive assessment to date of nature-related dependencies, impacts, risks, and opportunities (DIROs) across the company’s global value chain. As an early adopter of the TNFD recommendations, PMI’s TNFD Report supports the company’s efforts to sharpen its understanding of how natural capital considerations influence business resilience and decision-making over time, while contributing to emerging practices in nature-related disclosure. Nature is one of the six strategic priorities that define PMI’s Value Plan 2030+, the company’s framework for long-term sustainable value creation, alongside Consumers, Circularity, Climate, Our Workforce, Workers in Our Value Chain. The TNFD Report fol

ROSHN Group Expands Foreign Real Estate Ownership Opportunities Across Saudi Arabia22.9.2026 09:00:00 CEST | Press release

ROSHN Group, Saudi Arabia’s leading master developer and a PIF company, is supporting a new chapter for international participation in the Saudi real estate market, as the Kingdom’s regulations governing non-Saudi property ownership create new opportunities for eligible international buyers and investors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260922356820/en/ ROSHN Group offers world-class living and investment opportunities, including SEDRA Curated Collection in Riyadh (Photo: AETOSWire) Thousands of non-Saudi buyers have registered interest with ROSHN Group since the regulatory updates, reflecting the growth and diversification of the Kingdom’s real estate sector by attracting new sources of demand and investment, while complementing the continued delivery of homes and communities for Saudi citizens. For ROSHN Group, this creates an opportunity to broaden access to its growing portfolio while expanding housing sup

Regnology Research Maps Route From AI Pilots to Production in Regulatory Reporting22.9.2026 08:33:00 CEST | Press release

Global study of 276 practitioners across 22 countries defines the “Agentic Gap” and outlines how financial institutions can transition from experimentation to governed, high-impact deployment.Supporting analysis by Oliver Wyman finds reporting absorbs 1% to 3% of total bank expenditure, with a concentrated share of it addressable by agentic workflows. Regnology, a leader in regulatory, risk, tax and finance reporting technology, today published “The Agentic Gap: From Control to Intelligence in Regulatory Reporting”, accompanied by a video foreword from Chief Executive Officer Rob Mackay. The global study sets out where agentic AI can take on meaningful operational load today, and gives institutions a practical roadmap from isolated pilots into scaled production. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260921218912/en/ The research finds an industry already mobilizing. 87% of respondents are exploring, piloting or embe

Bureau Veritas Confirms LEAP | 28 Ambition, Upgrades Total Revenue Growth to Double-Digit in 2027 – 20281 and Targets EUR1 Billion Revenue in AI-Driven Markets and Services by 203022.9.2026 07:30:00 CEST | Press release

Bureau Veritas (BOURSE:BVI): CAPITAL MARKETS DAY 2026 Today, Bureau Veritas hosts its Capital Markets Day. The Company will present an update on the progress of its LEAP | 28 strategy, building on three years of successful execution. › 2024-2026 achievements:Proven track record: mid-to-high single-digit organic revenue growth (7-8%) delivered across 2023–2026e2, with 115 basis points of adjusted operating margin improvement3; Portfolio transformation on track: c. 21.0% of the portfolio rotated since LEAP | 28 launch, with EUR1.2 billion of revenue acquired, sold or to be exited through 24 acquisitions, 4 divestments and 1 exit; New operating model: the active portfolio management delivered allowed the Company to create a new operating model that simplifies its growth algorithm. Combined with a simplified organization with four divisions and ten Product Lines, it sharpens Bureau Veritas’ position as a focused multi-specialist Company; Driving growth and profitability: through Portfolio

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye