MHI

MHI and KEPCO Agree to Install a CO2 Capture Pilot Plant at Himeji No.2 Power Station

Retrieved on: 
Wednesday, January 17, 2024
Carbon, CO2, KEPCO, CCUS, Ecosystem, Environment, Kansai Electric Power Company, MHI, ExxonMobil, Energy transition

TOKYO, Jan 17, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) agreed today with The Kansai Electric Power Co., Inc. (KEPCO) to install a CO2 capture pilot plant at Himeji No.2 power plant in Hyogo, Japan.

Key Points: 
  • TOKYO, Jan 17, 2024 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) agreed today with The Kansai Electric Power Co., Inc. (KEPCO) to install a CO2 capture pilot plant at Himeji No.2 power plant in Hyogo, Japan.
  • This new plant is being established to demonstrate the next-generation CO2 capture technology as a substitution of the existing pilot plant installed at Nanko Power Station in 1991, and MHI aims to start operation in FY2025.
  • The pilot plant will be installed for R&D of CO2 capture technology and will use flue gas from the gas turbine at Himeji No.2 Power Station, with a capture capacity at approximately 5 tons/day.
  • For details of ExxonMobil, Mitsubishi Heavy Industries Form Carbon Capture Technology Alliance, see the following press release: https://www.mhi.com/news/22113001.html

Mitsubishi Shipbuilding Holds Christening and Launch Ceremony in Shimonoseki for Salvage Tug "Koyo Maru" Built for Nippon Salvage

Retrieved on: 
Friday, January 12, 2024
SCR, Accident, Ship, Mitsubishi Heavy Industries, Safety, LOA, MHI, NOx, Baltic Sea, Shipbuilding

The ceremony took place at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture.

Key Points: 
  • The ceremony took place at the Enoura Plant of MHI's Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture.
  • The vessel, named "Koyo Maru", is scheduled for handover to Nippon Salvage in June 2024 following completion of outfitting work and sea trials.
  • The vessel has a length overall (LOA) of 80.6 meters and beam of 15.5 meters, with gross tonnage of approximately 3,000.
  • With the construction of this vessel, Mitsubishi Shipbuilding will contribute to the various salvage activities carried out in seas around the world, as well as environmental conservation.

Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds

Retrieved on: 
Friday, January 5, 2024
Other Professional Services, Asset Management, Professional Services, Finance, NAV, Fund, MHI, MAV, Market, PHT

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.

Align Production Systems Joins Mobile Automation Group to Boost Manufacturing Efficiency

Retrieved on: 
Thursday, January 4, 2024
Partnership, Multimedia, Automated guided vehicle, Hedin, Growth, MHI, Sales

Founded in 1967, Align Production Systems has been consistently overcoming production obstacles and maximizing productivity for their customers.

Key Points: 
  • Founded in 1967, Align Production Systems has been consistently overcoming production obstacles and maximizing productivity for their customers.
  • Joining the Mobile Automation Group is a testament to Align Production Systems' dedication to elevating the field of material handling solutions and AGV technology.
  • The group will enable Align Production Systems to collaborate with other industry leaders, contributing to the growing demand for intelligent automation technology.
  • The President of Align Production Systems, Jason Stoecker, said: "Our continued partnership with MHI and our new membership with the Mobile Automation Group symbolize our commitment to excellence.

Memorandum of Understanding (MOU) is Signed on Collaborative Study for Ocean-Going Liquified CO2 Carriers toward the Realization of Large-Scale International Transportation from 2028 onwards

Retrieved on: 
Wednesday, December 27, 2023
Carbon, Mitsubishi Heavy Industries, GHG, MOU, CCS, JOGMEC, Mitsubishi Corporation, Japan Marine United, Transport, MHI, Ammonia, Metal, CO2, NEDO, Shipbuilding

The four companies will proceed with this initiative aiming to apply it at the future commencement of CCS business led by the Japanese government.

Key Points: 
  • The four companies will proceed with this initiative aiming to apply it at the future commencement of CCS business led by the Japanese government.
  • Japan Organization for Metals and Energy Security (JOGMEC) launched a feasibility study on Japanese Advanced CCS Project, as a public offered project in FY2023.
  • Demand for LCO2 carriers is expected to increase in the near future to transport captured CO2 from Japan to storage areas in various CCS projects.
  • As the next initiative, the company is contributing to realize a sustainable carbon neutral society by delivering LCO2 carriers essential for establishment of CCS value chain.

MHI Thermal Systems Introduces "Hydrolution EZY": A Leap Forward in Air-to-Water Heat Pumps for European Market

Retrieved on: 
Monday, December 25, 2023
ATW, Mitsubishi Heavy Industries, Running, R32, Refrigeration, Temperature, Water, Noise, MHI, Carbon, CO2

This new line includes two models with capacities of 10kW and 14kW, scheduled for release this winter.

Key Points: 
  • This new line includes two models with capacities of 10kW and 14kW, scheduled for release this winter.
  • Plus, the integrated water heat exchanger in the outdoor unit simplifies installation compared to the split-type systems, which requires both refrigerant piping and water piping.
  • These systems represent a significant step towards achieving carbon neutrality across Europe, aligning with MHI Group's MISSION NET ZERO.
  • Looking ahead, MHI Thermal Systems remains committed to leveraging its expertise in refrigeration and heating systems to develop environmentally friendly technologies and products.

MHI Thermal Systems Receives "The Energy Conservation Center, Japan Chairman's Award" in the "Best Practice Category" of the 2023 Energy Conservation Grand Prize

Retrieved on: 
Thursday, December 21, 2023
Atmosphere, Mitsubishi Heavy Industries, MSV, METI, Steam, Wind, Water supply, Plant, Temperature, Water, Ministry, MHI, Carbon, CO2

The award was presented for measures taken by MHI Thermal Systems to eliminate boiler usage in a company plant through conversion to industrial heat pumps.

Key Points: 
  • The award was presented for measures taken by MHI Thermal Systems to eliminate boiler usage in a company plant through conversion to industrial heat pumps.
  • This is the second time MHI Thermal Systems has received an award in the ECCJ's Best Practices Category (first in 2021).
  • MHI Thermal Systems has a diverse lineup of heat pumps developed to contribute to the achievement of carbon neutrality.
  • The ECCJ Energy Conservation Grand Prize Awards were established to raise awareness of energy conservation throughout Japan and to contribute to global energy conservation through adoption of energy-saving products.

Mitsubishi Power Underscores Progress to Fastrack Hydrogen Ecosystem Development at COP28

Retrieved on: 
Wednesday, December 13, 2023
Hydrogen, Mitsubishi Heavy Industries, COP28, JAC, Cavada, Partnership, ACES, Climate change mitigation, Chairperson, College of Engineering (KNUST), MHI, Carbon, CO2, Acceleration, Renewable energy

Dr. Javier Cavada, President and CEO of Europe, Middle East and Africa at Mitsubishi Power emphasizes hydrogen's full potential in accelerating the transition to a carbon neutral world during his address at the Hydrogen Transition Summit

Key Points: 
  • Dr. Javier Cavada, President and CEO of Europe, Middle East and Africa at Mitsubishi Power emphasizes hydrogen's full potential in accelerating the transition to a carbon neutral world during his address at the Hydrogen Transition Summit
    TOKYO, Dec 13, 2023 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), underscored its progress to fast track the development of the hydrogen ecosystem at COP28, which just concluded in Dubai, in the United Arab Emirates.
  • Mitsubishi Power is a frontrunner in developing a hydrogen ecosystem for the decarbonization of energy systems, harnessing decades of experience.
  • Investing heavily in the development of clean technology, the company has completed the world's first 30% hydrogen blend power generation validation on a grid-connected state-of-the-art 1,650 class J-series Air-Cooled (JAC) gas turbine using hydrogen produced and stored on the same site.
  • To learn more about Mitsubishi Power's hydrogen roadmap, click here.

MHI and ADNOC Sign Agreement to Explore Low Carbon Collaboration Opportunities to Build Blue NH3 and Blue H2 Value Chains

Retrieved on: 
Friday, December 8, 2023
Hydrogen, Carbon, Partnership, Agreement, ADNOC, NH3, Knowledge, MHI, Good, Ammonia, Mitsubishi Group, Senior, Renewable energy

- MHI's extensive range of technology is expected to support ADNOC's continuing efforts to achieve its ambition for carbon net zero by 2045.

Key Points: 
  • - MHI's extensive range of technology is expected to support ADNOC's continuing efforts to achieve its ambition for carbon net zero by 2045.
  • - The two companies will seek to complement each other's strengths and create synergies to decarbonize existing industries and export resources the world over.
  • TOKYO, Dec 8, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) and ADNOC signed an agreement on December 6 memorializing their intent to explore potential opportunities for collaboration on the development of value chains for blue NH3 and blue H2.
  • We are looking forward to contributing to ADNOC's net zero ambition through our reliable technology in the coming projects under this Agreement."

MHI and Mitsubishi Logisnext Receive First Order from Kirin Group for an Automated Picking Solution

Retrieved on: 
Friday, December 8, 2023
Kirin Holdings, Mitsubishi Logisnext, YHH, MHI, Intelligence, Automation, Warehouse

The system will be implemented at the Ebina Logistics Center in Ebina, Kanagawa Prefecture, managed by Kirin Group Logistics (East Japan Regional Office, Shonan Branch Office).

Key Points: 
  • The system will be implemented at the Ebina Logistics Center in Ebina, Kanagawa Prefecture, managed by Kirin Group Logistics (East Japan Regional Office, Shonan Branch Office).
  • The automated picking system is the first automated system in Japan to utilize automated guided forklifts (AGFs), automated guided vehicles (AGVs), and palletizers(3) for the picking process.
  • In November 2022, MHI Group and Kirin Group began a joint demonstration project with the aim of introducing MHI Group's automated picking solutions for beverage warehouses, which require heavy load handling operations by logistics operators(4).
  • (4) For more information on the start of the joint demonstration of an automated picking solution with Kirin Group, please refer to the following press release.