Mitsui & Co.

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.

EQS-News: PATRIZIA closes debut investment for A-SIF with initial AUD 70 million Australian renewables deal

Retrieved on: 
Tuesday, October 17, 2023
Partnership, Infrastructure, EPC, Climate change, News, National Electricity Market, Wind, Mitsui & Co., EUR, USD, CO2, Transmission loss, Aftercare, Solar energy, AUD, Education, International Energy Agency, AUM, Philosophy, LTD, YES, Life, Security (finance), Cryptocurrency, Renewable energy, Asset management, Mitsui

The deal marks the debut investment for A-SIF, which is a joint venture between PATRIZIA and Mitsui.

Key Points: 
  • The deal marks the debut investment for A-SIF, which is a joint venture between PATRIZIA and Mitsui.
  • The investment in YES Group will ensure the strategy is implemented by an experienced and established operational team.
  • Saji Anantakrishnan, Head of Infrastructure for Australia and Asia at PATRIZIA, said: “Decarbonisation and climate change are two core megatrends that underpin our global investment philosophy at PATRIZIA.
  • With operations around the world, PATRIZIA has been offering investment opportunities in real estate and infrastructure assets for institutional, semi-professional and private investors for 39 years.

Lokavant Announces $8M Strategic Investment from Mitsui & Co. to Expand AI and Predictive Clinical Trial Intelligence into Asia-Pacific

Retrieved on: 
Tuesday, October 3, 2023
Technology, Research, Clinical Trials, Biotechnology, Health, Pharmaceutical, Other Science, Science, Artificial Intelligence, Threat Intelligence Platform, Mitsui, Mitsui & Co., Clinical trial, Intelligence, Roivant Sciences, RWD, ChromeOS, Fine chemical, Pharmaceutical industry

Lokavant , the clinical trial intelligence platform company, today announces an $8 million strategic investment from global business titan Mitsui & Co. Ltd. to expand its AI-optimized platform across the Asia-Pacific (APAC) region.

Key Points: 
  • Lokavant , the clinical trial intelligence platform company, today announces an $8 million strategic investment from global business titan Mitsui & Co. Ltd. to expand its AI-optimized platform across the Asia-Pacific (APAC) region.
  • Now, with Mitsui’s support, Lokavant is poised to open a new APAC headquarters in Tokyo.
  • Mitsui’s investment in Lokavant is the culmination of a yearlong effort between the two companies, which included Mitsui’s extensive due diligence of the global clinical trials landscape.
  • Lokavant has raised a total of $29 million in funding to expand its intelligence technology for additional applications – from trial participant diversity modeling to site feasibility planning.

FourKites Opens New APAC Headquarters in Chennai, Renews its Commitment to the Hybrid Work Model

Retrieved on: 
Wednesday, September 27, 2023
Software, Supply Chain Management, Professional Services, Data Management, Technology, Commercial Building & Real Estate, Construction & Property, Retail, Building Systems, Human Resources, Transport, Logistics, Environmental, Social and Governance (ESG), Knowledge, Social responsibility, NGO, DLF Cybercity Chennai, Growth, Mitsui, MKI, Carbon, LEED, Mitsui & Co., Renewable energy

Leading supply chain visibility provider FourKites announced today that it has opened a new Asia-Pacific headquarters in Chennai's DLF Cybercity.

Key Points: 
  • Leading supply chain visibility provider FourKites announced today that it has opened a new Asia-Pacific headquarters in Chennai's DLF Cybercity.
  • The move to a more modern, compact space signals the company’s continued commitment to the hybrid work model, providing a comfortable, flexible workspace for local employees to collaborate, and empowering them to transition easily between in-person and remote work.
  • The move is also aligned with FourKites’ ongoing commitment to sustainability.
  • Together, FourKites and MKI will deliver on surging demand for FourKites’ platform in the region, while FourKites continues to grow its headcount to support global customer needs.

Northland Power Announces Signing of Credit Agreement for $5.0 Billion Project Financing at Hai Long Offshore Wind Project

Retrieved on: 
Friday, September 22, 2023
Maintenance, Mitsui, CPPA, Export credit agency, CAD, Government, Sale, Wind, ATM, NPI, TSX, Adjustment, Free cash flow, PPA, Long, Mitsui & Co., Renewable energy, Commercial property, Nguyễn Hai Long, Taiwan Power Company

TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (Northland) (TSX: NPI) today announced that its Hai Long offshore wind project (Hai Long or the project) in Taiwan has signed a credit agreement to secure 118 billion New Taiwan Dollars long-term over 20 year non-recourse financing (equivalent of $5 billion CAD). The weighted average all-in interest cost for the term of the financing is expected to be approximately five per cent.

Key Points: 
  • The project is Northland’s first offshore wind project in Asia and fifth in Northland’s offshore wind portfolio.
  • Upon completion of Hai Long and the Baltic Power project, the company’s gross installed offshore wind capacity will nearly triple from 1.2 GW to 3.3 GW.
  • TORONTO, Sept. 21, 2023 (GLOBE NEWSWIRE) -- Northland Power Inc. (Northland) (TSX: NPI) today announced that its Hai Long offshore wind project (Hai Long or the project) in Taiwan has signed a credit agreement to secure 118 billion New Taiwan Dollars long-term over 20 year non-recourse financing (equivalent of $5 billion CAD).
  • Once operational, Hai Long will be one the largest offshore wind facilities in Asia, and provide enough clean energy to power more than one million Taiwanese households.

Yokogawa to Supply Energy Management System for Yuri Green Hydrogen Project in Australia

Retrieved on: 
Tuesday, September 5, 2023
Other Energy, Hardware, Sustainability, Batteries, Alternative Energy, Energy, Technology, Environment, Green Technology, Engineering, Chemicals, Plastics, Manufacturing, Hydrogen, Mitsui, Yuri, EPCC, Synergy (electricity corporation), SoS, YPF, Yokogawa Electric, Horizon Power, Multimedia, ICS, Technip Energies, EMS, Yara International, Mitsui & Co., Ammonia, ESG, Weather, BESS, Renewable energy

Yokogawa Electric Corporation (TOKYO: 6841) announces that its subsidiary Yokogawa Australia has received an order from Monford Group Pty Ltd. to supply an energy management system (EMS) for the initial phase (“phase 0”) of the Yuri Green Hydrogen Project (hereafter, Yuri), which is constructing an industrial-scale renewable hydrogen production complex in Australia.

Key Points: 
  • Yokogawa Electric Corporation (TOKYO: 6841) announces that its subsidiary Yokogawa Australia has received an order from Monford Group Pty Ltd. to supply an energy management system (EMS) for the initial phase (“phase 0”) of the Yuri Green Hydrogen Project (hereafter, Yuri), which is constructing an industrial-scale renewable hydrogen production complex in Australia.
  • View the full release here: https://www.businesswire.com/news/home/20230904401589/en/
    Conceptual drawing showing the Yuri project facilities at the completion of phase 0.
  • Using carbon-free solar energy, this facility will be able to produce up to 640 tons of green hydrogen per year.
  • For the control of the solar power plant, BESS, and electrolyzer, Yokogawa Australia will supply an EMS that is developed by Yokogawa Group company PXiSE Energy Solutions LLC.

FirstElement Fuel Prepares for 10th Anniversary Celebration

Retrieved on: 
Thursday, August 3, 2023
Hydrogen, California Air Resources Board, Partnership, California Energy Commission, Mitsui & Co., Gasoline, CARB, Pascal (unit), Hyundai Motor Company, Transport, Economics, Carbon, FEF, Multilateralism, Government, Honda, CTE, South Coast Air Quality Management District, Air Liquide, Eno Center for Transportation, Toyota, Japan Bank for International Cooperation, Environment, Region, CEC, Bay Area Air Quality Management District

IRVINE, Calif., Aug. 3, 2023 /PRNewswire/ -- FirstElement Fuel Inc .

Key Points: 
  • IRVINE, Calif., Aug. 3, 2023 /PRNewswire/ -- FirstElement Fuel Inc .
  • ("FEF" or the "Company"), a world leader in the construction and operation of hydrogen fueling stations and hydrogen supply chains, will celebrate its 10th anniversary this month at its headquarters in Irvine, California.
  • Hydrogen-powered vehicles have the capacity to transform modern transportation by eliminating tailpipe emissions, slashing carbon emissions, and more than doubling driving efficiency as compared to traditional combustion vehicles.
  • FEF's retail stations are operated under the Company's True Zero brand, which is synonymous with leading performance and availability for hydrogen-powered cars and trucks.

FirstElement Fuel Prepares for 10th Anniversary Celebration

Retrieved on: 
Thursday, August 3, 2023
Hydrogen, California Air Resources Board, Partnership, California Energy Commission, Mitsui & Co., Gasoline, CARB, Pascal (unit), Hyundai Motor Company, Transport, Economics, Carbon, FEF, Multilateralism, Government, Honda, CTE, South Coast Air Quality Management District, Air Liquide, Eno Center for Transportation, Toyota, Japan Bank for International Cooperation, Environment, Region, CEC, Bay Area Air Quality Management District

IRVINE, Calif., Aug. 3, 2023 /PRNewswire/ -- FirstElement Fuel Inc .

Key Points: 
  • IRVINE, Calif., Aug. 3, 2023 /PRNewswire/ -- FirstElement Fuel Inc .
  • ("FEF" or the "Company"), a world leader in the construction and operation of hydrogen fueling stations and hydrogen supply chains, will celebrate its 10th anniversary this month at its headquarters in Irvine, California.
  • Hydrogen-powered vehicles have the capacity to transform modern transportation by eliminating tailpipe emissions, slashing carbon emissions, and more than doubling driving efficiency as compared to traditional combustion vehicles.
  • FEF's retail stations are operated under the Company's True Zero brand, which is synonymous with leading performance and availability for hydrogen-powered cars and trucks.

Hexagon Purus ASA: Results for the first quarter 2023

Retrieved on: 
Tuesday, May 9, 2023
Partnership, Mitsui & Co., Oslo Stock Exchange, USD, Hino Motors, Hino, EBITDA, Investment, Hexagon, Depreciation, Panasonic, NOK, Video game, Security (finance), Bank, EUR

In the first quarter of 2023, Hexagon Purus (“the Company” or “Purus” or “the Group”) generated NOK 244 million in revenue, up 53% year-over-year from NOK 159 million in the first quarter of 2022.

Key Points: 
  • In the first quarter of 2023, Hexagon Purus (“the Company” or “Purus” or “the Group”) generated NOK 244 million in revenue, up 53% year-over-year from NOK 159 million in the first quarter of 2022.
  • Total assets at the end of the first quarter of 2023 amounted to NOK 3 935 (2 526) million.
  • "It has been an exciting quarter with several large commercial and strategic successes, which are all additive to the future prospects of Hexagon Purus.
  • Hexagon Purus has been successful in securing several long-term agreements recently, which gives the Company confidence in its medium to long-term targets.

OCI Solar Power sells 110 MWac project to Mitsui

Retrieved on: 
Monday, April 24, 2023
Mitsui, SAN, Mitsui & Co., Renewable energy

SAN ANTONIO, April 24, 2023 /PRNewswire/ -- Less than two months after OCI Solar Power signed an agreement with  Mitsui & Co., (USA), Inc. ("Mitsui USA") and announced their intent to collaborate on solar projects in Texas, the utility-scale developer has sold Mitsui & Co., Ltd. ("Mitsui", Mitsui USA's parent company) a 110 MW construction-ready, solar photovoltaic project in Hill County, Texas named Three W Solar.

Key Points: 
  • SAN ANTONIO, April 24, 2023 /PRNewswire/ -- Less than two months after OCI Solar Power signed an agreement with  Mitsui & Co., (USA), Inc. ("Mitsui USA") and announced their intent to collaborate on solar projects in Texas, the utility-scale developer has sold Mitsui & Co., Ltd. ("Mitsui", Mitsui USA's parent company) a 110 MW construction-ready, solar photovoltaic project in Hill County, Texas named Three W Solar.
  • Now, we're excited to announce that Mitsui has purchased the project and will take it to completion.
  • Producing more reliable, sustainable, affordable energy is a win for all Texans," said Charles Kim, President & CEO, OCI Solar Power.
  • OCI Solar Power has originated more than 3 GW of solar and energy storage projects in operation, under construction, and in development across the U.S.