Mitsubishi Heavy Industries (TYO:7011) signed a partnership agreement with Green AI for the latter's energy and carbon dioxide reduction system, according to a Monday company release.
Through the partnership, the companies will collaborate to improve energy efficiency in industries.
The companies will use the Green AI system to develop cost-effective carbon dioxide emission reduction roadmaps, combining Green AI's database of decarbonization measures with Mitsubishi Heavy Industries' products, technologies and practical know-how.
Shares of the industrial machinery manufacturer were up nearly 1% in recent trade.