MHI

Mitsubishi Heavy Industries Power IDS Receives Order for Renovation Project to Upgrade and Enhance Power Output of Steam Turbine Generation Equipment at Waste Incineration Plant in Taiwan

Retrieved on: 
Friday, March 17, 2023

- Design optimizations to make the most of existing equipment expected to enhance power generation output markedly, with efficient use of heat derived from waste to contribute to decarbonization in Taiwan.

Key Points: 
  • - Design optimizations to make the most of existing equipment expected to enhance power generation output markedly, with efficient use of heat derived from waste to contribute to decarbonization in Taiwan.
  • TOKYO, Mar 17, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries Power IDS Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has received an order for a renovation project to enhance the output of steam turbine generators at the Renwu Refuse Incineration Plant, a waste incineration facility in Kaohsiung, Taiwan.
  • The Renwu Refuse Incineration Plant is located in the Renwu District of Kaohsiung City, northeast of the city center.
  • By optimizing the design of the turbine casing and internal equipment based on the changes in operating conditions since the plant was built, the project is expected to enhance power generation output markedly.

MHIET Releases SGP M2000, a New Natural Gas Engine Cogeneration System

Retrieved on: 
Thursday, March 16, 2023

Compared to MHIET's existing 1,000kW gas engine cogeneration system, SGP M2000's electrical efficiency is 1.8 percentage point higher, which means CO2 emission rate involved in power generation is less.

Key Points: 
  • Compared to MHIET's existing 1,000kW gas engine cogeneration system, SGP M2000's electrical efficiency is 1.8 percentage point higher, which means CO2 emission rate involved in power generation is less.
  • As a result of an extensive effort to increase the engine output, SGP M2000 is able to give twice as much output as MHIET's existing cogeneration system with an engine of the same displacement, which led to reducing the footprint by 40%.
  • Therefore the demand towards cogeneration system is expected to further grow from the viewpoint of disaster resilience.
  • MHIET is committed to increase the value of DER through marketing of SGP M2000 and help realize carbon neutral world by actively engage in developing technologies for utilization of hydrogen on natural gas engines.

Mitsubishi Power Achieves #1 Global Gas Turbine Market Share in 2022 According to McCoy Power Report

Retrieved on: 
Thursday, March 9, 2023

- Cumulative orders for J-series gas turbines surpassed 100 units, contributing to the company's top market share

Key Points: 
  • - Cumulative orders for J-series gas turbines surpassed 100 units, contributing to the company's top market share
    TOKYO, Mar 9, 2023 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), captured the top market share by megawatts in 2022 with a global gas turbine market share of 33% according to McCoy Power Reports data.
  • (1) The company has also secured 49% market share in the Advanced Class(2) gas turbine market, led by Mitsubishi Power's latest model JAC (J-Series Air-Cooled) gas turbines.
  • Mitsubishi Power's high market share results is attributed to its strong project execution track record, high performance, and product reliability.
  • (1) This is based on the McCoy Power Report in the United States, which provides detailed market research on global power generation projects.

Expansion of MHIAEL Aero Engine Facility in Komaki, Aichi

Retrieved on: 
Tuesday, March 7, 2023

The expanded facility is expected to increase its commercial engine MRO capacity from 5 to 6 units per month to more than 10 units per month by 2026, then ultimately reaching 15 units per month.

Key Points: 
  • The expanded facility is expected to increase its commercial engine MRO capacity from 5 to 6 units per month to more than 10 units per month by 2026, then ultimately reaching 15 units per month.
  • The facility expansion also introduces a highly efficient layout to the shop floor.The pre-existing area is now dedicated to all manually performed processes (engine disassembly, assembly, inspection, etc.
  • MHI Group, in anticipation of increased demand for commercial aero engines worldwide through the long term, is expanding its related business and production structures, and expansion of MHIAEL's Komaki facility is part of this initiative.
  • Going forward, MHI will work in close cooperation with MHIAEL to enhance its technological capabilities and reliability in aero engine development, manufacture and after-sales servicing, to contribute to the advancement of Japan's aircraft industry.

Synkrato pairs warehouse digital twins with artificial intelligence

Retrieved on: 
Wednesday, March 15, 2023

SANTA CLARA, Calif., March 15, 2023 /PRNewswire/ -- Synkrato, the next-generation logistics platform with Digital Twin, Mobility, Digital Labeling, and AI-Driven Logistics (slotting), announced a major update to their Digital Twin and slotting solutions. The update allows Synkrato users to connect a warehouse digital twin to the slotting engine and perform slotting and re-slotting using digital twins.

Key Points: 
  • The latest release of Synkrato Digital Twin and AI-Driven Logistics introduces new capabilities for warehouse optimization using an AI-based algorithm.
  • SANTA CLARA, Calif., March 15, 2023 /PRNewswire/ -- Synkrato , the next-generation logistics platform with Digital Twin, Mobility, Digital Labeling, and AI-Driven Logistics (slotting), announced a major update to their Digital Twin and slotting solutions.
  • The update allows Synkrato users to connect a warehouse digital twin to the slotting engine and perform slotting and re-slotting using digital twins.
  • By connecting Synkrato Digital Twin to the adaptive slotting algorithm, businesses gain real-time warehouse efficiency through a user-friendly interface."

OPEX to Demonstrate Warehouse Automation Solutions and Expertise During ProMat Manufacturing and Supply Chain Trade Show

Retrieved on: 
Monday, March 13, 2023

OPEX® Corporation , a global leader in Next Generation Automation providing solutions for warehouse automation will exhibit the company’s innovative warehouse automation systems at ProMat , the leading trade show for the manufacturing and supply chain industry, March 20-23 at Chicago’s McCormick Place.

Key Points: 
  • OPEX® Corporation , a global leader in Next Generation Automation providing solutions for warehouse automation will exhibit the company’s innovative warehouse automation systems at ProMat , the leading trade show for the manufacturing and supply chain industry, March 20-23 at Chicago’s McCormick Place.
  • “Today’s high-volume warehouses demand that goods move through the supply chain with accuracy at lightning speed,” said Alex Stevens, President, Warehouse Automation, OPEX.
  • Introduced in March 2022 , Infinity AS/RS has been chosen as a finalist for the 2023 MHI Innovation Award for Best New Innovation.
  • Perfect Pick reduces reliance on labor while utilizing a warehouse’s vertical space to increase throughput, reliability, and effectiveness.

Small Gas Engines Market worth $4.3 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 13, 2023

101 cc–400 cc expected to dominate Small Gas Engines Market, by engine displacement, during the forecast period

Key Points: 
  • 101 cc–400 cc expected to dominate Small Gas Engines Market, by engine displacement, during the forecast period
    The Small Gas Engines Market is segmented by engine displacement into 20 cc–100 cc, 101 cc–400 cc and 401 cc–650 cc.
  • Gardening to held largest growth rate in Small Gas Engines Market, by end-user, during forecast period
    The Small Gas Engines Market is segmented by end-user into gardening, construction, industrial and others.
  • In this report, the Small Gas Engines Market has been analyzed for five regions: Europe, Asia Pacific, North America, South America and Middle East & Africa.
  • Europe is a significant contributor to the Small Gas Engines Market in the current scenario of small gas engines, owing to stricter emission regulations by government, thus builders and operators are using gas-powered or dual-fuel-powered engines for their power equipments.

Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds

Retrieved on: 
Friday, March 3, 2023

The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders.

Key Points: 
  • The final determination of tax characteristics of each Fund’s distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders.
  • The Market Price Distribution Rate is calculated by dividing the latest declared monthly distribution per share (annualized) by the market price.
  • Shareholders should not draw any conclusions about a fund’s investment performance based on a fund’s current distributions.
  • For performance data on Amundi US’s closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.

NEW EXPERT-LED REPORT CALLS FOR URGENT CHANGES AROUND MENTAL HEALTH

Retrieved on: 
Wednesday, March 1, 2023

TORONTO, March 1, 2023 /CNW/ - A new report from Mental Health International (MHI), with support from the Ontario Brain Institute (OBI) was released today.

Key Points: 
  • TORONTO, March 1, 2023 /CNW/ - A new report from Mental Health International (MHI), with support from the Ontario Brain Institute (OBI) was released today.
  • The report calls for Canada's science and business sectors to immediately lead the discourse, and more importantly, constructive action to advance human wellbeing through the quality of mental life in Canada.
  • MHI Co-Founder, Chairman, Mental Health International Joseph Ricciuti, in turn, "Our report argues in favour of human well-being as a unifying national goal.
  • The report notes that human capital is now recognized for contributing to the asset value of publicly traded corporations, thereby strengthening the business investment case for mental health.

Pioneer Closed End Funds Required Notice to Shareholders Sources of Distribution Under Section 19(a)

Retrieved on: 
Tuesday, February 28, 2023

Each fund estimates that a portion of its distribution does not represent income or realized capital gains.

Key Points: 
  • Each fund estimates that a portion of its distribution does not represent income or realized capital gains.
  • A return of capital distribution does not necessarily reflect the fund's investment performance and should not be considered "yield" or "income."
  • The amounts and sources of distributions reported under the notice are only estimates and are not being provided for tax reporting purposes.
  • For performance data on Amundi US’ closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.