mitsubishi

Mitsubishi Power and Iberdrola to promote renewable solutions aimed at decarbonizing industry

ruth 21 5 月

3 minutes

TOKYO, May 20, 2021 - (JCN Newswire via SEAPRWire.com) - Iberdrola and Mitsubishi Power have signed a collaboration agreement to jointly develop competitive, clean and safe energy solutions based on renewable energy that promote the decarbonization of industrial production in different regions around the world.Ken Kawai, Mitsubishi Power's President and CEO; Aitor Moso, Iberdrola's director of Liberalized Business (Photo taken in October 2019)The alliance between the two companies, world leaders in storage and renewable energy production and equipment, will develop green hydrogen production facilities, battery storage systems and electrified heat production facilities with the aim of promoting carbon neutral industries in the short and medium term.Ken Kawai, President and CEO of Mitsubishi Power, and Aitor Moso, Iberdrola's director of Liberalized Business, have signed this co-operation agreement that will create teams made up of experts from both companies to identify opportunities for large-scale carbon-free renewable energy generation and storage projects for industry, one of the most difficult sectors to decarbonize.Mitsubishi Power President and CEO Ken Kawai said, "Iberdrola ...

MHI: Kobe/Kansai Hydrogen Utilization Council Report

ruth 18 5 月

2 minutes

YOKOHAMA, Japan, May 17, 2021 - (JCN Newswire via SEAPRWire.com) - The Kobe/Kansai Hydrogen Utilization Council (hereinafter, "Council"), in which Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, participates as a member, has prepared a report entitled "Kobe/Kansai Hydrogen Utilization Council Report - Organizing a Future Vision for a Hydrogen Society and Quantifying Supply and Demand".The Council has formulated a future vision for the Kobe/Kansai area, and estimated the potential hydrogen demand, supply volume and price based on this vision. The Council subsequently quantified the hydrogen supply chain around the year 2030, identified potential issues, and formulated an action plan for realizing their vision.Over the years, Mitsubishi Power has built a fully integrated system at its Takasago Works in Hyogo Prefecture that encompasses all aspects from development, design and manufacture of gas turbines to demonstration and verification using in-house facilities, and with this comprehensive capability the company has worked to commercialize high-reliability carbon-free power generation technologies and products. Going forward, through the activities of the ...

Mitsubishi Power Achieves #1 Market Share Globally in the First Quarter of 2021 According to McCoy Power Report

ruth 13 5 月

3 minutes

YOKOHAMA, Japan, May 13, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, captured the top market share by megawatts in the first quarter of 2021 with a global gas turbine market share of 29.0% according to McCoy Power Reports data.* The company also secured 40.8% share of the heavy-duty gas turbine (HDGT) market, representing single unit output of 100 megawatts (MW) and above, led by Mitsubishi Power's latest model JAC (J-Series Air-Cooled) gas turbines.Mitsubishi Power's high market share results from its strong project execution track record, high performance, and product reliability. Mitsubishi Power has extensive experience with large gas turbines, including the F, G and J series. The G series has surpassed 5.6 million actual operating hours (AOH) with 94 units now in commercial operation. The J series has surpassed 1.3 million AOH with 46 units now in commercial operation, and has 99.6% reliability.In the HDGT market, which is the most popular segment for combined cycle gas turbines, the JAC is the world's leading gas turbine with an efficiency greater than 64%. It meets rigid standards for reduced carbon emi...

Mitsubishi Power Receives Order for Two Gas Turbines for 1,500MW Class GTCC Power Plant in Uzbekistan

ruth 14 4 月

2 minutes

YOKOHAMA, Japan, Apr 14, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has received an order for two M701JAC gas turbines, the Company's latest model in its air-cooled J-Series, for a 1,500-megawatt (MW) class natural-gas-fired GTCC (gas turbine combined cycle) power plant under construction in Sirdarya, the Republic of Uzbekistan. The order follows the conclusion of an equipment supply agreement for the Sirdarya project between ACWA Power, a leading Saudi developer, investor and operator of power and water desalination assets in 13 countries worldwide, and China Gezhouba Group Co., Ltd. (CGGC) as the appointed project EPC contractor.M701JAC Gas TurbineThe Sirdarya project was planned by the Government of Uzbekistan to provide cleaner, more efficient and cost-competitive gas power that can be utilized across industries in Uzbekistan. This new plant will have capacity equivalent to 8% of Uzbekistan's total generation capability and will be able to meet 15% of the country's overall power demand when complete. Construction of the new power plant will also lead to the partial closure of existing Sirdarya thermal pow...

Mitsubishi Heavy Industries Strengthens Footprint in EMEA Region

ruth 1 4 月

2 minutes

TOKYO, Apr 1, 2021 - (JCN Newswire via SEAPRWire.com) - Effective today, Mitsubishi Heavy Industries, Ltd. (MHI) has changed the name of its London-based European subsidiary from Mitsubishi Heavy Industries Europe, Ltd. to Mitsubishi Heavy Industries EMEA, Ltd. (MHI-EMEA). The change reflects the entity's expanded role as MHI's regional headquarters for the Europe, the Middle East and Africa (EMEA) region.The name change goes hand in hand with the launch of a new leadership structure, with MHI Executive Vice President Kentaro Hosomi taking up the positions of MHI Chief Regional Officer (CRO) for the EMEA region and MHI-EMEA Chief Executive Officer. "Having been deeply involved in MHI Group's energy transition strategy, I will focus on integrating and expanding our diverse business activities relating to the energy transition. Europe and the wider EMEA region has been a key driver behind global efforts towards achieving net-zero targets. I look forward to strengthening our collaborative partnerships with our customers and stakeholders to accelerate the achievement of a sustainable carbon-free society," commented Kentaro Hosomi.Also effective April 1, 2021, MHI-EMEA has expanded its ...

Mitsubishi Power Announces Its 2020 “Best Partner Awards”

ruth 26 3 月

1 minute

YOKOHAMA, Japan, Mar 26, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has presented certificates of appreciation to three companies that, among its many suppliers, made especially noteworthy contributions to its business operations during 2020.The three companies receiving the 2020 "Mitsubishi Power Best Partner Awards" are as follows:UMETOKU CO., LTD. (Osaka, Japan)Support to meet increased demand for special steel used in gas and steam turbines, and improvements in cost and material yield for nuts and bolts for steam turbines.SHIROMIZU IRON WORKS CO., LTD. (Kitakyushu, Japan)Maintained high quality level for tank manufacturing, and managed design and production processes to meet delivery schedule.Jiangsu Changbao Steel Tube Co., Ltd. (Changzhou, China)Exceptional efforts to maintain quality and meet delivery schedule, including tight deadlines, for tubes for heat exchangers in turbine, boilers and other equipment.Going forward, Mitsubishi Power will continue to work closely with all business suppliers to promote continual improvements in quality, delivery and cost in the areas of energy solutions for power in...

Signing of Agreement to Transfer Shares of MUL and HCC to MC

ruth 19 3 月

1 minute

TOKYO, Mar 19, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC) is pleased to announce its signing today of a share-transfer agreement with Mitsubishi UFJ Financial Group, Inc. (MUFJ) and MUFG Bank, Ltd. (MUFG Bank). Under the terms of the agreement, MUFG and MUFG Bank will transfer to MC some of their shares in both Mitsubishi UFJ Lease & Finance Company Limited (MUL) and Hitachi Capital Corporation (HCC). See details below.2. Additional InformationOn September 24, 2020, MUL and HCC released a joint statement announcing their intentions to integrate operations through an absorption-type merger, which is set to go into effect on April 1, 2021. MUL and HCC will be the surviving and merged companies respectively, with the former renamed Mitsubishi HC Capital Inc.MC, which following the merger will own approximately 18% of the new company, has plans to make it an equity-method affiliate once its integration is completed. As one of its main shareholders, MC will continue to collaborate on its future growth and development.3. Impact on Financial ResultsThe impact of this share transfer on MC's financial results for the current fiscal year is expected to be minim...

Mitsubishi Motors Thailand Achieved Cumulative Production of Six Million Cars

ruth 18 3 月

2 minutes

TOKYO, Mar 18, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors (Thailand) Co., Ltd. (MMTh), a manufacturing and sales company of MITSUBISHI MOTROS CORPOLATION (MMC) in Thailand, has reached cumulative production of six million units.Exporting vehicles to more than 120 countries throughout the world, MMTh has exported 4.4 million out of the six million units abroad. The milestone of six millionth was a TRITON one-ton pickup truck."Thailand is an important hub for us, and MMTh has become our largest export base in the ASEAN region with the support from the Royal Thai Government," said Takao Kato, chief executive officer of MMC. "MMTh produces popular TRITON, MIRAGE, and so on, and we have started production of OUTLANDER PHEV, a premium plug-in hybrid electric SUV with high performance but eco-friendly vehicle that attracts global attention, in the end of 2020. We are willing to offer even more attractive products to our customers."MMC commenced operations in Thailand in 1961 and celebrates 60th anniversary this year. It reached the milestone of one million total units produced in 2003, two million in 2010, three million in 2013, four million in 2015, and five million in 2...

MITSUBISHI MOTORS to Procure OEM-models from Renault for Europe

ruth 10 3 月

2 minutes

TOKYO, Mar 10, 2021 - (JCN Newswire via SEAPRWire.com) - As announced by the Alliance, MITSUBISHI MOTORS CORPORATION (MMC) has decided to procure two OEM-model vehicles for Europe from an Alliance member, Groupe Renault. MMC will introduce them to selected markets in Europe through its sales network, aiming for 2023. The specific OEM-models and market selection are under consideration.MMC has been implementing structural reforms in Europe in line with the "Selection and Concentration" strategy in its mid-term business plans announced in July 2020. It has already frozen the development of new car models for European markets while concentrating its research and development resources and investments on the ASEAN region, where MMC is competitive. As part of those overall structural reforms, MMC has been focusing on optimizing the prices of its model line-up, improving its logistics and fixed costs, and seeking the possibility to realize further efficiency in operations. The company has also decided to end new car sales business in some European countries, by 2023.This movement with Groupe Renault is a part of the business reform in Europe, under which MMC seeks to meet customers' deman...

Mitsubishi Power Commences Development of World’s First Ammonia-fired 40MW Class Gas Turbine System

ruth 1 3 月

3 minutes

TOKYO, Mar 1, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has commenced development of a 40-megawatt (MW) class gas turbine that is fueled by 100% ammonia (NH3). The project was started in response to the increasing global focus on decarbonization. As firing of ammonia produces no carbon dioxide (CO2), carbon-free power generation is achieved. Going forward, after combustion and other testing, Mitsubishi Power is targeting commercialization in or around 2025. When achieved, it will mark the world's first commercialized gas turbine to make exclusive use of ammonia as fuel in a system of this scale, and will aid in the promotion of decarbonization of small to medium-scale power stations for industrial applications, on remote islands, etc.Mitsubishi Power is working to reduce environmental impact through the development of high-efficiency power generation technologies. Until now, the Company has pursued technological developments enabling a transition from natural gas fuel used in gas turbine combined cycle (GTCC) systems, which currently emit the lowest amount of CO2 among thermal power generation systems, to hydrogen, which emit...

MITSUBISHI MOTORS Started Operation of a Rooftop Solar Power System at Its Laemchabang Factory in Thailand

ruth 19 2 月

2 minutes

TOKYO, Feb 19, 2021 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) started operation of a 5-megawatt (MW(1)) capacity rooftop solar power system at the Laemchabang Factory of Mitsubishi Motors (Thailand) Co., Ltd. (MMTh), a production and sales company in Thailand.Combined this solar power system with the 2-MW capacity system, which is scheduled to be implemented in the near future, MMTh expects to reduce CO2 emissions from production activities by more than 6,100 tons per year. MMTh aims to create an environment where automobiles can be produced cleanly with low carbon.MMTh has car-production plants and an engine facility in Chonburi Province, and has become MMC's largest manufacturing center outside Japan.In November 2020, MMC announced the New Environmental Plan, which sets out the direction and goals of its environmental efforts. Based on the Environmental Targets 2030(2), MMC is proceeding with efforts to achieve a 40-percent reduction in CO2 through its business activities compared to FY2014. As one of these, the Company is promoting the introduction of renewable energy in order to reduce CO2 emissions from production activities, and plans to introduce more utility-sc...

OUTLANDER PHEV Became Europe’s Best-selling Plug-in Hybrid SUV in 2020

ruth 18 2 月

3 minutes

TOKYO, Feb 18, 2021 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) announced that the OUTLANDER PHEV has closed out 2020 as Europe's best-selling plug-in hybrid SUV. A total of 26,673 units were sold across Europe in 2020, and the OUTLANDER PHEV became the second best-selling plug-in hybrid across all segments(1).The OUTLANDER PHEV is the flagship model which embodies MITSUBISHI MOTORS' expertise in electrification, SUV and all-wheel control technologies. The vehicle delivers a quiet, smooth yet powerful acceleration unique to electric vehicles (EVs) with eco-friendly technologies. The OUTLANDER PHEV is sold in more than 60 countries since the launch in 2013, and its global cumulative sales volume has reached 270,000 units as of December 2020."We are pleased that the OUTLANDER PHEV has been chosen by many customers in Europe where people are highly eco-conscious and the popularity of electrified vehicles is growing rapidly," said Takao Kato, chief executive officer of MMC. "Our mission is to provide attractive products with a sense of security to customers around the world by further strengthening our environmental technologies and 4WD technologies. We are also committed to...

MITSUBISHI MOTORS: World Premiere of the All-New OUTLANDER

ruth 17 2 月

13 minutes

TOKYO, Feb 17, 2021 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) today revealed the all-new OUTLANDER, featuring a new design direction, premium quality, rugged performance and innovative technology. The flagship SUV is reimagined and reinvented in every way and gears up for sale in North America (the United States, Canada and Puerto Rico) in April 2021, with other markets to follow.Today, the all-new OUTLANDER made its debut on Amazon Live, making it the first automobile to be launched on the platform. (Re-watch the world premiere of the all-new OUTLANDER here, valid until March 31, 2021.)"Based on the product concept 'I-Fu-Do-Do', which means authentic and majestic in Japanese, the all-new OUTLANDER has been crafted into a reliable SUV with significantly upgraded styling, road performance, and a high-quality feel to satisfy the needs of customers who want to expand their horizons and take on challenges of every kind," said Takao Kato, chief executive officer of MMC. "With the launch of the all-new OUTLANDER, we will first expand our sales in the North American market and then aim for global growth."With a complete upgrade, the all-new OUTLANDER is the fourth generation ...

MITSUBISHI MOTORS Launches the Refreshed PAJERO SPORT in Indonesia

ruth 17 2 月

3 minutes

TOKYO, Feb 17, 2021 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) continues to expand its product portfolio by launching the refreshed PAJERO SPORT1 mid-size SUV in Indonesia. Inheriting the PAJERO series' off-road capability, reliability and durability, the PAJERO SPORT fuses elegance and comfort. The latest model is designed with a more refined, powerful exterior and high-quality interior, as well as newly adopted features such as 8-inch color LCD meter and Power Tailgate that allows users to open and close the tailgate with a smartphone."Indonesia is one of the most important markets in ASEAN, our core business region, and we reached the milestone of 50 years of business in the country last year with the support of the government, stakeholders, and many customers," said Yoichiro Yatabe, co-chief operating officer of MMC. "With the redesigned PAJERO SPORT, which has been updated with advanced features and a high-quality, comfortable interior that answer the needs of customers, we hope to further strengthen our presence in the market."The new PAJERO SPORT is an updated version of the series' third generation model which was launched in 2015. Cumulative global sales volume...

All-New MITSUBISHI OUTLANDER Is Ready to Ship to North America

ruth 9 2 月

3 minutes

TOKYO, Feb 9, 2021 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) rolled its first produced all-new OUTLANDER off the assembly line at Okazaki Plant in Aichi Prefecture, Japan. The company began its shipment to North America on February 8, and will make its global debut on February 17.With more than four years of development, the all-new OUTLANDER encompasses the latest MITSUBISHI MOTORS' design, high-quality interior and rally inspired driving performance. The SUV will be available first in North America (the United States, Canada and Puerto Rico) and sequentially in other markets."The all-new OUTLANDER not only represents a new phase of MITSUBISHI MOTORS design, but with its premium features, the vehicle is set to be a game-changer," said John Signoriello, executive officer, responsible for global marketing and sales, MMC. "As its name suggests, the OUTLANDER has brought drivers and their families across the world on great adventures. Going into its fourth generation, we believe the all-new OUTLANDER will take our customers to even broader horizons."The OUTLANDER is a crossover SUV which was also known as the AIRTREK launched in Japan in 2001. Since then, MMC has broadene...

Mitsubishi Power to Restructure the Domestic Locations for Its Boiler Business

ruth 4 2 月

3 minutes

YOKOHAMA, Japan, Feb 4, 2021 - (JCN Newswire) - Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has decided to restructure the domestic locations for its boiler business. Since the predecessor of Mitsubishi Power, MHPS, was established in 2014, the boiler business has continued to operate two plants in Japan, Nagasaki Works and Kure Works. The industry has experienced sweeping changes in the market demand for coal-fired power generation that has led to a sharp contraction in new plant construction. Addressing the market situation, Mitsubishi Power will consolidate the boiler manufacturing function of new construction and after-sales service, as well as the new facility design and the construction function, at the Nagasaki Works. At the Kure Works, management resources will be shifted to the boiler design and engineering services business and Air Quality Control System (AQCS) business, with the objective of strengthening competitiveness in both businesses. The restructuring is scheduled for completion at the end of fiscal 2022.The business environment for coal-fired power generation is changing radically amid efforts to achieve carbon neutrality by 2050, a...

MITSUBISHI MOTORS Unveils Testing Footage of the All-New OUTLANDER

ruth 26 1 月

2 minutes

TOKYO, Jan 26, 2021 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) has released a video of the all-new OUTLANDER undergoing final tuning and testing. The all-new OUTLANDER will make its global debut on Tuesday, February 16 at 3pm PST/6pm EST (February 17 at 8am JST) and introduce the company's latest Super-All Wheel Control system. Coupled with the company's pioneering all-wheel drive technology, the flagship SUV provides driver confidence and security in all weather and road conditions.The all-new OUTLANDER was put through its paces, as the system's final calibrations were developed in severe weather and road conditions. Redesigned and reimagined in every way, the vehicle will be bigger and bolder than the previous generations.With a knowledge base proven over years of competitions in the deserts of Dakar and on the slippery dirt-covered and snow-packed roads of the world's rally circuits, the all-new OUTLANDER builds on a heritage forged by the PAJERO/MONTERO cross-country SUV. Engineers focused on building a crossover SUV that embodies the MITSUBISHI MOTORS' DNA and the product concept "I-Fu-Do-Do", which means authentic and majestic. The all-new OUTLANDER is set to deli...

Mitsubishi Corporation: Commercial Operations Commence at Methanol / Dimethyl Ether Plant in Trinidad and Tobago

ruth 19 1 月

2 minutes

TOKYO, Jan 19, 2021 - (JCN Newswire) - Mitsubishi Gas Chemical Company (MGC), Mitsubishi Corporation (MC) and Mitsubishi Heavy Industries Engineering (MHIENG) have teamed up with the National Gas Company of Trinidad and Tobago (NGC) and Massy Holdings (Massy), a joint venture in the Republic of Trinidad and Tobago, Caribbean Gas Chemical Limited (CGCL), to launch commercial operations of a methanol and dimethyl ether (DME) plant. CGCL's PlantCGCL was established in March 2013, and it completed construction. Fueled primarily by natural gas sourced from Trinidad and Tobago, the plant has an annual production capacity of one million tons of methanol and 20,000 tons of DME. It began operating commercially in December 18, 2020. Methanol is a basic chemical that is used as a raw material in the production of many downstream products. Its applications include adhesives, agricultural chemicals, paints, plastics and synthetic textiles. In recent years, it has been garnering more attention as an alternative to heavy fuel oil in the shipping industry and as an otherwise environmentally-friendly source of energy. Furthermore, because it can be produced from CO2 and as a promising hydrogen carr...

MITSUBISHI MOTORS Starts First Overseas Production of OUTLANDER PHEV in Thailand

ruth 23 12 月

3 minutes

TOKYO, Dec 23, 2020 - (JCN Newswire) - MITSUBISHI MOTORS CORPORATION (MMC) started local production of the OUTLANDER PHEV, a plug-in hybrid EV (PHEV), at the Laemchabang Factory of MITSUBISHI MOTORS THAILAND, a local production and sales company in Thailand. A ceremony to commemorate the line-off of the first local production OUTLANDER PHEV was held on December 21st. The vehicle is scheduled to be delivered in the country in January.MMC decided to start its first overseas production of the OUTLANDER PHEV model in Thailand because of the potential for growth in the Thai automobile market due to its promotion of electric mobility and the high production capacity of the Laemchabang Factory."MITSUBISHI MOTORS provides PHEVs to the ASEAN region based on increasing global awareness of environmental issues," said Takao Kato, chief executive officer of MMC. "I am extremely happy to be able to deliver locally-produced OUTLANDER PHEVs to our customers in Thailand as a new part of our electric vehicle business."The OUTLANDER PHEV is the flagship MITSUBISHI MOTORS model that merges electro-mobility with four-wheel control technology to provide powerful and smooth driving with the quietness and...

Mitsubishi Shipbuilding Participating in “Planning and Design Center for Greener Ships”: Organization for Planning State-of-the-Art Ships

ruth 11 12 月

3 minutes

TOKYO, Dec 11, 2020 - (JCN Newswire) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has become a member of "Planning and Design Center for Greener Ships," a core organization established to plan and propose state-of-the-art ships on a continuing basis through integration of the accumulated expertise of Japan's shipbuilding industry. Together with other members of domestic shipbuilders, going forward Mitsubishi Shipbuilding will pursue development of advanced environmental performance-enhancing technologies for the era of carbon neutrality, targeting near-zero carbon emissions, and engage in activities focusing on research and development related to commercialization of next-generation greener ships.Members of Planning and Design Center for Greener ShipsThe founding aim of the Planning and Design Center for Greener Ships is to contribute to the growth of Japan's shipbuilding industry by developing advanced environmental performance-enhancing technologies that will respond to tightening of environmental regulations over the long term through consolidation of the country's technologies in ship design, and by advancing commercialization of next-...

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