MHI

Amundi US Declares Monthly Distributions for Pioneer Closed-End Funds

Retrieved on: 
Friday, November 3, 2023
Asset Management, Professional Services, Finance, NAV, Market, MHI, MAV, PHD, HNW, NYSE, MIO, Fund, 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.

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

Retrieved on: 
Tuesday, October 31, 2023
Banking, Asset Management, Professional Services, Finance, NAV, MHI, MAV, HNW, NYSE, Calendar, Life insurance

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.

Japan and U.S.-based TerraPower expand SFR development partnership to support carbon neutrality efforts

Retrieved on: 
Wednesday, November 1, 2023
JAEA, SFR, TerraPower, Void coefficient, U.S. Department of Energy, Office of Inspector General, Government, Sodium, Memorandum of understanding, Mitsubishi FBR Systems, Carbon, Organization, Clean and Environmentally Safe Advanced Reactor, Japan Atomic Energy Agency, MOU, FR, Mitsubishi Heavy Industries, DOE, MHI, Safety, Nuclear energy, U.S. Department of Defense Strategy for Operating in Cyberspace, Toxicity, Renewable energy, Uranium mining

In January 2022, TerraPower, JAEA and MHI signed a MOU to collaborate on SFR technology development.

Key Points: 
  • In January 2022, TerraPower, JAEA and MHI signed a MOU to collaborate on SFR technology development.
  • In December 2022, the Japanese government revised their Strategic Roadmap for FR development, clarifying that Japan will begin FR concept design in 2024.
  • "We are thrilled to expand our collaboration with JAEA as Japan works to bring advanced nuclear reactors to market," said TerraPower President and CEO Chris Levesque.
  • We would like to contribute to fast reactor development cooperation between the US and Japan by utilizing the technology and experience we have cultivated over many years."

MHIET Achieves Stable Combustion of up to 50 vol% Hydrogen on Single Cylinder Test Engine

Retrieved on: 
Wednesday, November 1, 2023
Hydrogen, Water, Temperature, Steam, Pressure, Carbon, KU, CO2, Mitsubishi Heavy Industries, MHI, GSI, Engine knocking, Gasoline, EU

TOKYO, Nov 1, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a part of Mitsubishi Heavy Industries (MHI) Group, confirmed stable combustion of hydrogen admixture through a testing of a single cylinder engine.

Key Points: 
  • TOKYO, Nov 1, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a part of Mitsubishi Heavy Industries (MHI) Group, confirmed stable combustion of hydrogen admixture through a testing of a single cylinder engine.
  • The test achieved stable combustion with up to 50 vol% hydrogen admixture without losing the rated output.
  • Consequently, the team verified stable combustion of hydrogen admixture of maximum 50 vol% with keeping the rated output.
  • Technical Evaluation of Hydrogen Engine Generator Set (Press Release)July 6, 2023MHIET to Install 100% Hydrogen Engine Generator Set for In-house Evaluationwww.mhi.com/news/230706.html

Mitsubishi Shipbuilding Holds Christening and Launch Ceremony of New Roll-on/Roll-off Ship FUGAKU MARU in Shimonoseki

Retrieved on: 
Wednesday, November 1, 2023
RO, Transport, CO2, Mitsubishi Heavy Industries, MHI, 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 new vessel will replace the current FUGAKU MARU, originally constructed at MHI's Nagasaki Shipyard & Machinery Works, which has been in continuous service since 1997.
  • The new FUGAKU MARU is 165 meters in overall length, 27.6 meters in breadth and has gross tonnage of approximately 13,000.
  • The new FUGAKU MARU features a wider beam than its predecessor, and structural innovations have enabled the elimination of pillars on the trailer loading deck.

MHI Receives Order for Two Automated People Mover (APM) Systems at Orlando International Airport

Retrieved on: 
Tuesday, October 31, 2023
Greater Orlando Aviation Authority, A1, APM, Engineering, A2, Orlando International Airport, O&M, Micro Engineering Solutions, Transport, 3 Car Garage, Partnership, MCO, Economic development, CO2, Mitsubishi Group, MHI, GOAA, Airport, Intermodal freight transport, South Terminal, Maintenance

- Order follows new APM system delivery and APM replacement work completed in 2018, putting MHI APMs on all routes at MCO.

Key Points: 
  • - Order follows new APM system delivery and APM replacement work completed in 2018, putting MHI APMs on all routes at MCO.
  • - MHI Group's worldwide offices closely collaborate with one another to provide a complete range of high-added-value services, from APM systems to O&M
    TOKYO, Oct 31, 2023 - (JCN Newswire) - Mitsubishi Heavy Industries, Ltd. (MHI) has received an order for the replacement of two existing Automated People Mover (APM)* lines at Orlando International Airport (MCO) in Orlando, Florida.
  • MHI will be in charge of the system design and vehicle manufacture.
  • We remain committed to the local Orlando community, as we further expand our collaboration with highly qualified local firms," said Kenji Terasawa, CEO of Engineering Solutions of MHI.

Mitsubishi Power and Egypt Ministry of Electricity and Renewable Energy Sign Upgrade and Reliability Agreement Extension for Sidi Krir and El-Atf Power Plants

Retrieved on: 
Tuesday, October 31, 2023
Delta, Embassy of Japan, Lima, LTSA, Paris, Diplomatic mission, The, Carbon, Japan International Cooperation Agency, Mitsubishi Power Systems Europe, Ministry, Local Government in Egypt, Climate change, Growth, Plant, JICA, Partnership, New Administrative Capital, Economic development, Renewable energy, Mitsubishi Heavy Industries, Mitsubishi Group, MHI, Paris Agreement, Ministry of Electricity and Renewable Energy (Egypt), Nation, Film industry, Electricity

Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, Eng.

Key Points: 
  • Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, Eng.
  • Dr. Mohamed Shaker, Egyptian Minister of Electricity and Renewable Energy, commented on the agreement with Mitsubishi Power saying: "Egypt and Japan celebrate strong bilateral relations across multiple sectors.
  • Sidi Krir and El-Atf plants power hundreds of thousands of homes and businesses in the western Alexandria and middle Delta regions via the reliable Egyptian unified electrical grid.
  • This latest agreement harnesses Mitsubishi Power's heritage in Egypt, built on delivering our industry-leading, reliable technology and service excellence and ensure the availability of power for the people of Egypt."

Alba marks important milestone in PS5 Block 4 Project with the arrival of Mitsubishi Power M701JAC Gas Turbine

Retrieved on: 
Wednesday, October 25, 2023
JAC, PS5, ESG, Gas turbine, Coal, GT, Project, Alba, Mitsubishi Power Systems Europe, Senior, Combined cycle power plant, Partnership, Energy, ECM, CO2, GHG, Greenhouse gas, Mitsubishi Heavy Industries, MHI, Fellow, LTI, MENA, Aluminium, Renewable energy, Kingdom

(Alba), one of the world's largest aluminium smelters, marked a new milestone in its Power Station 5 (PS5) Block 4 Project with the arrival of Mitsubishi Power's M701JAC Gas Turbine (GT) on 16 October 2023.

Key Points: 
  • (Alba), one of the world's largest aluminium smelters, marked a new milestone in its Power Station 5 (PS5) Block 4 Project with the arrival of Mitsubishi Power's M701JAC Gas Turbine (GT) on 16 October 2023.
  • The M701JAC GT is the first-of-its-kind in the world GT manufactured for a primary aluminium smelter and installed in the Kingdom of Bahrain.
  • Mr. Takashi Tozawa, Senior Fellow, Senior General Manager, GTCC Business Division of Energy Systems at MHI added:"Today, marks an important milestone in our growing partnership with Alba, with the on-schedule progress and arrival of Mitsubishi Power advanced JAC gas turbine to Alba's new Combined Cycle Gas Turbine Block 4 in Power Station 5.
  • Alba's PS5 Block 4 Expansion Project is the addition of a fourth Block of similar combined cycle configuration with 680.9 megawatts (MW) M701JAC Gas Turbine Combined Cycle and includes tie into the existing 220kV Substation.

MHI Group Launches Joint Demonstration Testing of CO2 Liquefaction for CO2 Handling to Expand CCUS Application

Retrieved on: 
Monday, October 16, 2023
Carbon, Innovation, CO2, Meta-Research Innovation Center at Stanford, MHI, R, Ecosystem, Utilization, CCUS, Mitsubishi Heavy Industries, Landfill

In this demonstration testing program, CO2 from gas engine generator sets, forming a part of an in-house power station at MHIET's Sagamihara Plant, is captured by "CO2MPACT," a compact CO2 capture system, and the CO2 is liquefied in MHI-AC&R's compact CO2 liquefaction system.

Key Points: 
  • In this demonstration testing program, CO2 from gas engine generator sets, forming a part of an in-house power station at MHIET's Sagamihara Plant, is captured by "CO2MPACT," a compact CO2 capture system, and the CO2 is liquefied in MHI-AC&R's compact CO2 liquefaction system.
  • Introducing expertise of the Research & Innovation Center which is in charge of R&D in MHI Group, the demonstration testing will target early practical application.
  • In addition, verification of operational support services using MHI's proprietary remote monitoring system will be implemented in the CO2 liquefaction demonstration test program.
  • The CO2 liquefaction demonstration test program will enable all processes, from CO2 capture to liquefaction, to be conducted applying MHI Group's comprehensive strengths.

Mitsubishi Power Begins Commercial Operation of Sixth M701JAC Gas Turbine for Thailand GTCC Power Plants; Project Achieves 50,000 AOH

Retrieved on: 
Thursday, October 12, 2023
Senior, COVID-19, Unit, Assistant director, Plant, AOH, Mitsubishi Power Systems Europe, Mitsui & Co., Project, Electricity Generating Authority of Thailand, MHI, Business administration, Economic development, Trust, Electricity, Mitsui, Maintenance, GTCC, JAC, EGAT, Mitsubishi Heavy Industries, Construction, Oil, Rare-earth element, Management, Renewable energy

TOKYO, Oct 12, 2023 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has completed installation of the second of four M701JAC units at a natural gas-fired power plant project in Rayong Province, Thailand.

Key Points: 
  • TOKYO, Oct 12, 2023 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has completed installation of the second of four M701JAC units at a natural gas-fired power plant project in Rayong Province, Thailand.
  • Operation commenced on 1 October 2023, and follows the start of operations for the first unit at the end of March.
  • The previous five units for the project have exceeded 50,000 actual operating hours (AOH), demonstrating the reliability of the state-of-the-art JAC gas turbines.
  • The overall project encompasses two GTCC power generation plants, each with four power trains comprising a gas turbine, steam turbine, heat recovery steam generator, and generator.