MHVYF.PK

Mitsubishi Shipbuilding and MOL Acquire AiP for LCO2 Carrier from DNV under Joint Development

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Wednesday, September 7, 2022
MHI, Plant, Recycling, Carbon, MOL, Mitsubishi Heavy Industries, Fiera Milano, DNV, Quality of life, Hydrogen, Goal, MOL (company), CO2, AIP, Classification, Risk, Natural gas, Acquisition, GHG, Renewable energy, Shipbuilding, HAZID, Group, LNG

Lines, Ltd. today announced the acquisition of Approval in Principle (AiP)(1) for their jointly developed liquefied CO2 (LCO2) carrier from the Norwegian classification society Det Norske Veritas AS (DNV).

Key Points: 
  • Lines, Ltd. today announced the acquisition of Approval in Principle (AiP)(1) for their jointly developed liquefied CO2 (LCO2) carrier from the Norwegian classification society Det Norske Veritas AS (DNV).
  • The LCO2 carrier that underwent a Hazard Identification Study (HAZID)(2) and received an AiP is a 50,000m3-class vessel for which the two companies completed a joint concept study in November 2021.
  • Mitsubishi Shipbuilding and MOL are also integrating the knowledge of an MOL-invested company, Norway-based Larvik Shipping AS, which has managed LCO2 vessels in Europe for more than 30 years.
  • MOL sets the mid-to-long-term target "With concerted effort throughout the Group, achieve net zero GHG emissions by 2050" in "MOL Group Environmental Vision 2.1."

Mitsubishi Power's State-of-the-Art M701JAC Gas Turbine Exceeds 8,000 Actual Operating Hours

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Tuesday, September 6, 2022
Hydrogen, MHI, Plant, Takasago, Solution, IPP, Carbon, Juniper J series, Achievement, Intelligence, Temperature, JAC, Mitsubishi Heavy Industries, WWE Performance Center, Energy transition, GTCC, Quality of life, Adoption, Mitsubishi Power Systems Europe, AOH, Mitsui, Economic development, Energy, Industry, Efficiency, Mitsui & Co., Renewable energy, Chonburi Province

TOKYO, Sept 6, 2022 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has achieved an accumulated 8,000 hours of actual operating hours (AOH) for its M701JAC gas turbine.

Key Points: 
  • TOKYO, Sept 6, 2022 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has achieved an accumulated 8,000 hours of actual operating hours (AOH) for its M701JAC gas turbine.
  • The subject gas turbine unit was installed for gas turbine combined cycle (GTCC) power generation system operated as part of a joint venture between Thailand's Gulf Energy Development Public Company Limited, one of the country's largest independent power producers (IPP), and Mitsui & Co., Ltd.
  • This achievement provides even more solid evidence of the reliability of JAC Series gas turbines.
  • Of these, 52 units are currently in commercial operation, with aggregate operating hours exceeding 1.7 million hours for the J Series as a whole.

MHI Finalizes Terms of First Transition Bond Issuance

Retrieved on: 
Friday, September 2, 2022
Zero, Carbon, Financial Services Agency, MHI, FSA, Ministry, MOE, Achievement, METI, Mitsubishi Heavy Industries, Quality of life, Environment, Company, Ministry of Economy, Trade and Industry, Financial services, Renewable energy, Industry

The issuance is based on MHI's selection as a model example for the "2021 Climate Transition Finance Model Projects"* being supported by the Ministry of Economy, Trade and Industry (METI), as announced in the Company's press release of March 18, 2022.

Key Points: 
  • The issuance is based on MHI's selection as a model example for the "2021 Climate Transition Finance Model Projects"* being supported by the Ministry of Economy, Trade and Industry (METI), as announced in the Company's press release of March 18, 2022.
  • Through issuance of its first transition bond, MHI looks to diversify its fund procurement methods and achieve its target of carbon neutrality by 2040.
  • *Projects supported by METI which provide information on and reduce the assessment costs of examples that are deemed to have model qualities for promoting the spread of transition finance.
  • For further information: bit.ly/3RgPNh5
    Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense.

MHI and Mitsubishi Logisnext to Commence Provision of Automated Picking Solutions for Warehouses Based on "∑SynX"

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Thursday, September 1, 2022
MHI, AGF, Carbon, Solution, AGV, Mitsubishi Heavy Industries, UBC Biomass Research and Demonstration Facility, USS Coronado (AGF-11), Labo, Intelligence, Quality of life, Mitsubishi Forklift Trucks, Tokyo Big Sight, YHH, Automation, Adoption, Efficiency, Warehouse

This system integrates automated guided forklifts (AGFs), automated guided vehicles (AGVs) and palletizers(1).

Key Points: 
  • This system integrates automated guided forklifts (AGFs), automated guided vehicles (AGVs) and palletizers(1).
  • Until now, picking operations in warehouses have depended on workers pursuing efficiency through intense concentration.
  • The newly developed picking system introduces automation and intelligence into the picking process through application of MHI's "∑SynX" (Sigma Synx) solution(2) concept currently under development.
  • Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense.

Keppel to develop Singapore's first hydrogen-ready power plant, with construction undertaken by Mitsubishi Power and Jurong Engineering consortium

Retrieved on: 
Thursday, September 1, 2022
Hydrogen, MHI, FID, EMA, Engineering, CEO, EPC, Energy market, Carbon, Maintenance, Mitsubishi Heavy Industries, MOU, CCGT, JAC, Keppel Corporation, Investment, Quality of life, Keppel, Electricity, CO2, Mitsubishi Power Systems Europe, Economic development, KSC, Energy Market Authority, Natural gas, Steam, Contract, LTS, Efficiency, Private sector, Renewable energy, Coal, Śakra

To be built in the Sakra sector of Jurong Island, the Keppel Sakra Cogen Plant will be the first hydrogen-ready power plant in Singapore.

Key Points: 
  • To be built in the Sakra sector of Jurong Island, the Keppel Sakra Cogen Plant will be the first hydrogen-ready power plant in Singapore.
  • In line with Keppel's asset-light business model, the Keppel Sakra Cogen Plant will be owned by Keppel Sakra Cogen Pte.
  • It is intended that Keppel Asia Infrastructure Fund LP (KAIF) (Note1) and Keppel Energy will hold 70% and 30% equity interests in KSC respectively.
  • In addition, KSC and Keppel Energy are scheduled to enter into a turnkey contract for the development of the Keppel Sakra Cogen Plant.