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Corporation
ENERGY & UTILITIES | Renewables / Geothermal
power.mhi.com

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Investments

2

Partners & Customers

10

About Mitsubishi Power

Mitsubishi Hitachi Power Systems is a company in the field of thermal power generation systems and environmental technology.

Mitsubishi Power Headquarter Location

Mitsubishijuko Yokohama Bldg., 3-1 Minatomirai 3-chome, Nishi-ku

Yokohama, 220-8401,

Japan

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CB Insights Intelligence Analysts have mentioned Mitsubishi Power in 1 CB Insights research brief, most recently on Nov 9, 2021.

Latest Mitsubishi Power News

Mitsubishi Power Upgrades Gas Turbines at Senoko Energy to Reduce 15,000 Tons of Carbon Emissions Annually

Dec 2, 2021

Intellasia East Asia News 02-Dec-2021 Intellasia | ACN Newswire | 9:44 AM TOKYO, Dec 2, 2021 - (JCN Newswire) - Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI) has completed upgrade works for two GTCC power plants with M701F gas turbines at Senoko Energy in Singapore. This has helped to improve energy efficiency and reduce approximately 15,000 tons of carbon emissions annually, equivalent to removing over 4,500 cars from the road a year. The upgrade is part of a long-term service agreement (LTSA) concluded under a consortium with Mitsubishi Corporation. Mitsubishi Power applied its latest gas turbine technologies to the M701F gas turbine, achieving a heat rate improvement by reducing the volume of cooling air, which results in reduced carbon emissions. The successful upgrade led to Senoko Energy receiving Honorable Mention in the Best Practices category for the National Environment Agency's EENP Awards(Note1) Mr. Tan Cheng Teck, Executive Vice President, Operations & Maintenance, Senoko Energy said, "This project validates the hard work of our engineers, technicians and workers, particularly as the upgrade occurred during a challenging time of the pandemic. "We are grateful to the project team for their meticulous planning and execution, the close collaboration with Mitsubishi Power and other contractors, as well as tremendous support from EMA in facilitating the entry of technical advisers from Japan to Singapore through the Green Lane arrangement. This was truly a team effort." Congratulating Senoko Energy on the award, Mr. Osamu Ono, Managing Director and Chief Executive Officer of Mitsubishi Power Asia Pacific said: "Upgrading works, together with operations & maintenance (O&M), are not only essential for maximizing the asset value of existing power plant infrastructure but can also help improve energy efficiency and reduce carbon emissions in the path towards decarbonization. Mitsubishi Power commends Senoko Energy for the EENP Award they received in recognition of this successful upgrade. We are honored to build upon our long-standing relationship with Senoko Energy to provide critical gas turbine upgrading that supports their push for cleaner power generation in Singapore." Work on the upgrade and LTSA began on June 21, 2019, as part of Senoko Energy's efforts to improve energy efficiency and decarbonize in line with Singapore's Carbon Pricing Act(2), which saw subsidies for company efforts that led to reductions in carbon emissions. Close collaboration between Senoko Energy, Mitsubishi Power and other contractors allowed upgrade works to be completed on schedule while ensuring workplace safety despite challenges faced during the COVID-19 pandemic. (1) bit.ly/3G1ur12 About MHI Group Mitsubishi Heavy Industries (MHI) Group is one of the world's leading industrial groups, spanning energy, logistics & infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on www.spectra.mhi.com . Copyright 2021 JCN Newswire. All rights reserved. www.jcnnewswire.com

Mitsubishi Power Investments

2 Investments

Mitsubishi Power has made 2 investments. Their latest investment was in A.L.I. Technologies as part of their Series B on November 11, 2019.

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Mitsubishi Power Investments Activity

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Mitsubishi Power Partners & Customers

10 Partners and customers

Mitsubishi Power has 10 strategic partners and customers. Mitsubishi Power recently partnered with El Paso Electric on October 10, 2021.

Date

Type

Business Partner

Country

News Snippet

Sources

10/20/2021

Partner

El Paso Electric

United States

Mitsubishi Power and El Paso Electric to Develop Roadmap toward Carbon-Free Energy Mix by 2045

In a Japanese tradition , Paul Browning , Mitsubishi Power 's President and CEO , and Kelly Tomblin , El Paso Electric Company 's President and CEO , sign a joint development agreement to develop projects leveraging technologies that will enable El Paso Electric Company to attain its clean energy goals .

3

5/20/2021

Partner

Iberdrola

Spain

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

TOKYO , May 20 , 2021 -- -- 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 .

4

5/13/2021

Partner

Magnum Development

United States

Mitsubishi Power & Texas Brine partner on large-scale salt cavern storage for hydrogen to support decarbonization efforts in the eastern US

In 2019 , Mitsubishi Power announced a joint venture with Magnum Development to develop the world 's largest renewable energy storage project , the Advanced Clean Energy Storage Project , to enable decarbonization efforts across the western US .

1

4/29/2021

Partner

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10

1/19/2021

Client

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10

Date

10/20/2021

5/20/2021

5/13/2021

4/29/2021

1/19/2021

Type

Partner

Partner

Partner

Partner

Client

Business Partner

El Paso Electric

Iberdrola

Magnum Development

Country

United States

Spain

United States

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News Snippet

Mitsubishi Power and El Paso Electric to Develop Roadmap toward Carbon-Free Energy Mix by 2045

In a Japanese tradition , Paul Browning , Mitsubishi Power 's President and CEO , and Kelly Tomblin , El Paso Electric Company 's President and CEO , sign a joint development agreement to develop projects leveraging technologies that will enable El Paso Electric Company to attain its clean energy goals .

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

TOKYO , May 20 , 2021 -- -- 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 .

Mitsubishi Power & Texas Brine partner on large-scale salt cavern storage for hydrogen to support decarbonization efforts in the eastern US

In 2019 , Mitsubishi Power announced a joint venture with Magnum Development to develop the world 's largest renewable energy storage project , the Advanced Clean Energy Storage Project , to enable decarbonization efforts across the western US .

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Sources

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4

1

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