Mitsubishi Heavy Industries

Mitsubishi Electric and Mitsubishi Heavy Industries Definitively Agree to Integrate Their Power-generator Systems Businesses

Retrieved on: 
Monday, May 29, 2023

TOKYO, May 29, 2023 - (JCN Newswire) - Mitsubishi Electric Corporation (TOKYO: 6503) and Mitsubishi Heavy Industries, Ltd. (TOKYO: 7011) announced today that they have reached a definitive agreement to integrate their power-generator systems businesses under a joint venture.

Key Points: 
  • TOKYO, May 29, 2023 - (JCN Newswire) - Mitsubishi Electric Corporation (TOKYO: 6503) and Mitsubishi Heavy Industries, Ltd. (TOKYO: 7011) announced today that they have reached a definitive agreement to integrate their power-generator systems businesses under a joint venture.
  • As previously announced, the two firms agreed in principle last December 26 on a plan to transfer their respective businesses focused on power-generator systems to a proposed joint-venture company, which Mitsubishi Electric and Mitsubishi Heavy Industries will both be the shareholder, effective April 1, 2024.
  • Today, the two companies have signed definitive agreements specifying the terms and conditions of integrating their power-generator systems businesses, the details of which are outlined below.
  • Prior to the establishment of the joint-venture company, a preparatory company will be established in due course, after which the remaining details will be finalized by the three parties by around the end of December 2023.

MHI Thermal Systems to Release Fully Revamped 3HP Model in "HyperInverter" Series of Packaged Air-Conditioners for Domestic Market

Retrieved on: 
Thursday, May 25, 2023

The newly enhanced model features more compact size, enabling greater flexibility in installation, and significantly lighter weight than the earlier model.

Key Points: 
  • The newly enhanced model features more compact size, enabling greater flexibility in installation, and significantly lighter weight than the earlier model.
  • The new unit will go on sale in the domestic market in June.
  • The revamped outdoor unit features significantly reduced dimensions compared to its predecessor: 800mm width (-18% approx.
  • Going forward, MHI Thermal Systems will continue to develop eco-friendly, convenient and easily operated products in the packaged air-conditioner market.

Mitsubishi Power to Develop Hydrogen-Ready Power Plant for Sembcorp Industries

Retrieved on: 
Wednesday, May 24, 2023

TOKYO, May 24, 2023 - (JCN Newswire) - A consortium comprising Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), and Jurong Engineering Limited (JEL) has been awarded an Engineering, Procurement and Construction (EPC) contract to develop a new 600MW hydrogen-ready combined cycle power plant (CCPP) for Sembcorp Industries' (Sembcorp) fully owned subsidiary Sembcorp Cogen Pte Ltd.

Key Points: 
  • TOKYO, May 24, 2023 - (JCN Newswire) - A consortium comprising Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), and Jurong Engineering Limited (JEL) has been awarded an Engineering, Procurement and Construction (EPC) contract to develop a new 600MW hydrogen-ready combined cycle power plant (CCPP) for Sembcorp Industries' (Sembcorp) fully owned subsidiary Sembcorp Cogen Pte Ltd.
  • A long-term service agreement (LTSA) for the maintenance of the plant's major equipment was also awarded to Mitsubishi Power.
  • Takao Tsukui, Executive Vice President, Mitsubishi Power, Ltd., said: "Mitsubishi Power is proud to partner with Sembcorp as we work toward our common goal of building a sustainable energy future for Singapore.
  • Mitsubishi Power remains committed to working closely with public and private power providers in Singapore to advance the country's hydrogen ready infrastructure.

Mitsubishi Shipbuilding Completes Delivery of Ammonia Fuel Supply System for Large, Low-Speed Two Stroke Marine Engines

Retrieved on: 
Wednesday, May 24, 2023

TOKYO, May 24, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed delivery of an ammonia fuel supply system for large, low-speed two stroke marine engines, to Japan Engine Corporation (J-ENG), a manufacturer of marine engines based in Akashi City, Hyogo Prefecture.

Key Points: 
  • TOKYO, May 24, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed delivery of an ammonia fuel supply system for large, low-speed two stroke marine engines, to Japan Engine Corporation (J-ENG), a manufacturer of marine engines based in Akashi City, Hyogo Prefecture.
  • J-ENG is currently conducting tests of ammonia fuel under various conditions utilizing an experimental, large-scale, low-speed two stroke marine engine located at the MHI Research & Innovation Center, Nagasaki District in Japan.
  • The ammonia fuel supply system supplied by Mitsubishi Shipbuilding has been installed at the Nagasaki District facility, and supplies the ammonia fuel used to conduct the tests.
  • Mitsubishi Shipbuilding aims to contribute to reducing GHG emissions in the maritime industry by manufacturing and supplying ammonia fuel supply systems for ships.

Mitsubishi Shipbuilding and Nihon Shipyard Launch Joint Study for Development of an Ocean-Going LCO2 Carrier

Retrieved on: 
Monday, May 22, 2023

TOKYO, May 22, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard Co., Ltd., a Tokyo-based joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and Japan Marine United Corporation have started joint study for the development of an ocean-going liquified CO2 (LCO2) carrier.

Key Points: 
  • TOKYO, May 22, 2023 - (JCN Newswire) - Mitsubishi Shipbuilding, a part of Mitsubishi Heavy Industries (MHI) Group and Nihon Shipyard Co., Ltd., a Tokyo-based joint venture for ship design and sales between Imabari Shipbuilding Co., Ltd. and Japan Marine United Corporation have started joint study for the development of an ocean-going liquified CO2 (LCO2) carrier.
  • Nihon Shipyard is pursuing this project with the aim of completing construction of the vessel from 2027 onwards.
  • Through collaboration with multiple Japanese shipping companies and domestic/overseas energy companies, along with the construction of demonstration ship for transport of LCO2, Mitsubishi Shipbuilding is actively pursuing the development of LCO2 carriers and commercialization of LCO2 shipping.
  • Going forward, Mitsubishi Shipbuilding and Nihon Shipyard will provide the world with the LCO2 carriers necessary to establish a CCS value chain, and contribute to the realization of a carbon neutral world.

Hybrid Power Solutions Market worth $4.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, July 27, 2023

Based on end user, the Hybrid Power Solutions Market has been split into residential, commercial, and industrials.

Key Points: 
  • Based on end user, the Hybrid Power Solutions Market has been split into residential, commercial, and industrials.
  • Industrial segment is growing in Hybrid Power Solutions Market due to the increased emphasis on meeting emission reduction targets and achieving environmental sustainability.
  • Industrial facilities, characterized by higher energy demands and carbon footprints, find hybrid power solutions particularly compelling in aligning with their sustainability objectives and reducing environmental impact.
  • This report segments the Hybrid Power Solutions Market based on capacity into three segments: upto 100kW, 100kW-1MW, and above 1MW.

Hybrid Power Solutions Market worth $4.0 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, July 27, 2023

Based on end user, the Hybrid Power Solutions Market has been split into residential, commercial, and industrials.

Key Points: 
  • Based on end user, the Hybrid Power Solutions Market has been split into residential, commercial, and industrials.
  • Industrial segment is growing in Hybrid Power Solutions Market due to the increased emphasis on meeting emission reduction targets and achieving environmental sustainability.
  • Industrial facilities, characterized by higher energy demands and carbon footprints, find hybrid power solutions particularly compelling in aligning with their sustainability objectives and reducing environmental impact.
  • This report segments the Hybrid Power Solutions Market based on capacity into three segments: upto 100kW, 100kW-1MW, and above 1MW.

Project Tundra moves into final development stage

Retrieved on: 
Wednesday, June 28, 2023

GRAND FORKS, N.D., June 28, 2023 (GLOBE NEWSWIRE) -- GRAND FORKS, N.D. – Minnkota Power Cooperative today announced agreements with TC Energy, Mitsubishi Heavy Industries (MHI), and Kiewit and its affiliates moving Project Tundra into its final stage of project development.

Key Points: 
  • GRAND FORKS, N.D., June 28, 2023 (GLOBE NEWSWIRE) -- GRAND FORKS, N.D. – Minnkota Power Cooperative today announced agreements with TC Energy, Mitsubishi Heavy Industries (MHI), and Kiewit and its affiliates moving Project Tundra into its final stage of project development.
  • “Congratulations to Minnkota, TC Energy, Mitsubishi, Kiewit, and its affiliate team on their partnership and moving to the final stage of development.
  • “It’s hard to think of a project that’s a better example of this than Project Tundra.
  • The project remains subject to closing on financing and a final investment decision by each of the project entities in the consortium.

Mitsubishi Heavy Industries Air-Conditioning Europe Ltd. Applauded by Frost & Sullivan for Offering Innovative Heat Pumps as an Alternative to Conventional Heating Technologies

Retrieved on: 
Tuesday, June 20, 2023

SAN ANTONIO, June 20, 2023  /PRNewswire/ -- Frost & Sullivan recently researched the commercial heat pumps market and, based on its findings, recognizes Mitsubishi Heavy Industries Air-Conditioning Europe Ltd. (MHIAE) with the 2023 European Company of the Year Award. Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace, and defense.

Key Points: 
  • Mitsubishi Heavy Industries Group combines cutting-edge technology with deep expertise in the heat pump market that encourages a carbon-neutral world.
  • SAN ANTONIO, June 20, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the commercial heat pumps market and, based on its findings, recognizes Mitsubishi Heavy Industries Air-Conditioning Europe Ltd .
  • Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace, and defense.
  • Customers are drawn to HPs as green, low-carbon substitutes for natural gas-based heating in Europe's shift toward sustainable heating.

Mitsubishi Heavy Industries Air-Conditioning Europe Ltd. Applauded by Frost & Sullivan for Offering Innovative Heat Pumps as an Alternative to Conventional Heating Technologies

Retrieved on: 
Tuesday, June 20, 2023

SAN ANTONIO, June 20, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the commercial heat pumps market and, based on its findings, recognizes Mitsubishi Heavy Industries Air-Conditioning Europe Ltd. (MHIAE) with the 2023 European Company of the Year Award. Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace, and defense.

Key Points: 
  • Mitsubishi Heavy Industries Group combines cutting-edge technology with deep expertise in the heat pump market that encourages a carbon-neutral world.
  • SAN ANTONIO, June 20, 2023 /PRNewswire/ -- Frost & Sullivan recently researched the commercial heat pumps market and, based on its findings, recognizes Mitsubishi Heavy Industries Air-Conditioning Europe Ltd .
  • Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace, and defense.
  • Customers are drawn to HPs as green, low-carbon substitutes for natural gas-based heating in Europe's shift toward sustainable heating.