MHI

New Carriages for AGT System in Hiroshima Win "GOOD DESIGN AWARD 2021"

Friday, October 22, 2021 - 10:14am

The Astram Line is operated by Hiroshima Rapid Transit Co., Ltd. as part of the city of Hiroshima's public transit system.

Key Points: 
  • The Astram Line is operated by Hiroshima Rapid Transit Co., Ltd. as part of the city of Hiroshima's public transit system.
  • Together, these design elements conjure an expression of "continuation and evolution", a concept praised by the award sponsor as ideally in harmony with the present and future of Hiroshima.
  • In addition, the new 7000-Series carriages were also selected to receive the top award in the product category of the "17th Hiroshima Good Design Award 2021," a program operated by the Hiroshima -shi Industrial promotion center(3).
  • (1) GOOD DESIGN AWARD are presented in recognition of design that fulfills a purpose or offers an ideal.

Mitsubishi Shipbuilding Successfully Separates and Captures CO2 from Exhaust Gas in World's First Marine-based CO2 Capture System Project

Wednesday, October 20, 2021 - 7:55am

Engineers from Mitsubishi Shipbuilding began verification testing on the ship in August, and currently the ship crew is operating the CO2 capture system.

Key Points: 
  • Engineers from Mitsubishi Shipbuilding began verification testing on the ship in August, and currently the ship crew is operating the CO2 capture system.
  • This project is conducted aboard the CORONA UTILITY, a coal carrier for Tohoku Electric Power Co., Inc. operated by "K" Line.
  • The small-scale CO2 capture demonstration plant installed on the ship is a system for onshore plants that was adapted for marine use.
  • In early August, after the small-scale CO2 capture demonstration plant was installed on the ship, engineers from Mitsubishi Shipbuilding remained on the vessel to operate and maintain the system.

Mitsubishi Heavy Industries Engineering Successfully Completes Testing of New "KS-21" Solvent for CO2 Capture

Tuesday, October 19, 2021 - 7:37am

The KS-21TM's performance was tested to confirm a carbon capture rate of 95-98%, which is above the current industry standard (approx.

Key Points: 
  • The KS-21TM's performance was tested to confirm a carbon capture rate of 95-98%, which is above the current industry standard (approx.
  • In addition, in testing conducted under modified operating conditions, the KS-21TM solvent delivered an industry-leading carbon capture rate was 99.8% and demonstrated the successful recovery of CO2 from flue gas of lower concentration than the CO2 contained in the atmosphere.
  • (1) TCM is one of the world's largest-scale CO2 capture testing facilities, established in 2012 to advance technologies in carbon capture.
  • Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense.

Mitsubishi Power Receives Order of Two Gas Turbines for the Hunter Power Project in Australia

Tuesday, October 19, 2021 - 5:19am

TOKYO, Oct 19, 2021 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Snowy Hydro Limited, a dynamic, integrated energy business, for two M701F gas turbines and related auxiliaries equipment for the Hunter Power Project in New South Wales, southeastern region of Australia.

Key Points: 
  • TOKYO, Oct 19, 2021 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI) has received an order from Snowy Hydro Limited, a dynamic, integrated energy business, for two M701F gas turbines and related auxiliaries equipment for the Hunter Power Project in New South Wales, southeastern region of Australia.
  • Mitsubishi Power will supply the M701F gas turbines, generators, and related auxiliary equipment from Japan through Mitsubishi Power Australia Pty.
  • We are very pleased that our M701F gas turbines will be able to contribute to the stable power supply in Australia together with increasing renewable energy.
  • Our gas turbine is capable of operating on natural gas, or on a mixture of natural gas and hydrogen.

OpSens Successfully Treats First Patients in Human Clinical Study for TAVR Procedure

Wednesday, October 13, 2021 - 12:00pm

"We are extremely pleased to have commenced this important safety study with the first two patients successfully treated with the SavvyWire.

Key Points: 
  • "We are extremely pleased to have commenced this important safety study with the first two patients successfully treated with the SavvyWire.
  • Structural heart procedures are a rapidly growing market, driven by the TAVR procedure and the expansion of its indications," said Louis Laflamme, President and Chief Executive Officer of OpSens.
  • Initially, the TAVR procedure was only indicated for inoperable patients and then for high-risk surgical patients.
  • Clinical programs like PARTNER or COREVALVE, have since shown better or equivalent clinical outcomes in intermediate and low-risk patients.

Second Unit of M701JAC Gas Turbine Begins Commercial Operation at GTCC Power Plant in Chonburi Province, Thailand

Monday, October 11, 2021 - 3:44am

The first unit, which was also a first M701JAC in Southeast Asia, started commercial operation at the end of March this year.

Key Points: 
  • The first unit, which was also a first M701JAC in Southeast Asia, started commercial operation at the end of March this year.
  • When completed, the eight units in the project will form a gas turbine combined cycle (GTCC) power system with a total output of 5,300 megawatts (MW).
  • Koji Nishikawa, President and Managing Director of Mitsubishi Power (Thailand), spoke of his company's commitment to its work in Thailand.
  • The newly inaugurated M701JAC is a core component of the power plant in Chonburi Province, which is operated by Gulf SRC Company Limited*.

Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds

Tuesday, October 5, 2021 - 9:05pm

The final determination of tax characteristics of each Funds 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 Funds distributions will occur after the end of its fiscal year, at which time it will be reported to shareholders.
  • Shareholders should not draw any conclusions about a funds investment performance based on a funds current distributions.
  • For performance data on Amundi US closed-end funds, please call 800-225-6292 or visit our closed-end pricing page.
  • Amundi US is the US business of Amundi, Europes largest asset manager by assets under management and ranked among the ten largest globally[1].

Dream Finders Homes Acquires the Assets of McGuyer Homebuilders, Inc. (MHI)

Tuesday, October 5, 2021 - 12:00pm

Assets acquired include 1,850 home sites, a backlog of 1,845 homes with a value in excess of $1 billion and 5,500 lots under control.

Key Points: 
  • Assets acquired include 1,850 home sites, a backlog of 1,845 homes with a value in excess of $1 billion and 5,500 lots under control.
  • Patrick Zalupski, Dream Finders Homes, Inc. Chairman and CEO, said, We are very excited about the future.
  • Dream Finders Homes builds homes in Florida, Texas, North Carolina, South Carolina, Georgia, Colorado, Virginia and Maryland.
  • Dream Finders Homes achieves its industry leading growth and returns by maintaining an asset light homebuilding model.

Transfer of Mitsubishi Power Business to MHI Completed; Operations will be Integrated into the New 'Energy Transition & Power Headquarters'

Friday, October 1, 2021 - 4:24am

The pre-existing business units handling GTCC (gas turbine combined cycle) systems, steam power systems and environmental plant systems have been reorganized into newly designated "Divisions."

Key Points: 
  • The pre-existing business units handling GTCC (gas turbine combined cycle) systems, steam power systems and environmental plant systems have been reorganized into newly designated "Divisions."
  • By consolidating all functions from business strategy proposal development to project execution, MHI achieves an organizational structure that will enable more responsive business operations.
  • Mitsubishi Power is a wholly owned MHI subsidiary originally established in February 2014 as Mitsubishi Hitachi Power Systems, Ltd., a company integrating the thermal power systems businesses of MHI and Hitachi, Ltd.
  • While the Mitsubishi Power business functions will change, the "Mitsubishi Power" brand name, having acquired global recognition, will continue to be used for markets outside Japan.

MHI Group Takes Steps to Strengthen its Sustainability Management Structure

Friday, October 1, 2021 - 4:01am

TOKYO, Oct 1, 2021 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) is taking a number of significant steps to strengthen its sustainability management structure in order to respond to calls by the international community and diverse stakeholders for greater environmental, social and governance (ESG) sustainability from the corporate sector.

Key Points: 
  • TOKYO, Oct 1, 2021 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) is taking a number of significant steps to strengthen its sustainability management structure in order to respond to calls by the international community and diverse stakeholders for greater environmental, social and governance (ESG) sustainability from the corporate sector.
  • The new moves are capped by the establishment on October 1st of a new "Sustainability Relations Department" within the Business Strategy Office.
  • The Sustainability Committee will be tasked with carrying forward MHI Group's commitment, reflecting the core position it accords to CSR (corporate social responsibility) within its management structure, of "always focusing on social perspectives, responding to the expectations of society, and aiming to make MHI Group a solidly trusted company."
  • Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense.