MHI Invests in C-Zero to Accelerate Production of Clean Hydrogen
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$11.5M Series A Funding Round Also Includes Breakthrough Energy Ventures, ENI Next and AP Ventures Mitsubishi Heavy Industries, Ltd. (MHI) has invested in C-Zero, a hard tech startup located in Santa Barbara, Calif., to accelerate…
Shell Weighs Sale of $2B-plus Share in Queensland LNG
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Royal Dutch Shell is considering raising more than $2 billion from the sale of a stake in the common facilities at its Queensland Curtis LNG plant in Australia, according to a sale flyer reviewed by Reuters."Royal Dutch Shell plc…
Senvion, Toshiba Energy Systems Form Wind Energy Alliance
Toshiba Energy Systems & Solutions Corporation and German wind turbine equipment manufacturer Senvion GmbH announced that they signed a mutually non-exclusive strategic cooperation agreement for the distribution of onshore and offshore…
MOL Invests in Self-Elevating Platform Vessel Operator
Mitsui O.S.K. Lines, Ltd. today announced a plan to acquire a 5% share in Seajacks International Limited (Seajacks) Group, which owns and operates five Self-Elevating Platform vessels(*1), from Marubeni Corporation. This is a new offshore business for MOL…
MHPS Bags 2 Turbines Orders for Korean Power Plant
Mitsubishi Hitachi Power Systems, Ltd. (MHPS), jointly with Marubeni Corporation, has received an order for two M501J gas turbines and a steam turbine for the new 950 megawatt (MW) class LNG-fired Pyeongtaek Combined Cycle Power Plant to be built by Shin Pyeongtaek Power Co.…
MHPS Bags Order from Hartha Power, Iraq
Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order from the Ministry of Electricity (MOE) of Iraq for refurbishment of Unit 4 (output: 200 megawatts) at the Hartha Thermal Power Station. The refurbishment work, scheduled for completion in May 2017…
MHI Completes Testing of Wireless Power Transmission Technology
Mitsubishi Heavy Industries, Ltd. (MHI) has conducted ground demonstration testing of "wireless power transmission," a new technology presently under development to serve as the core technology of the space solar power systems (SSPS)…
Sovcomflot Names New LNG Carrier
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Russia’s largest shipping company is continuing to develop its potential in the LNG transportation segment by entering into a new long-term agreement with Royal Dutch Shell. On December 16, a naming ceremony was held for the LNG carrier SCF Melampus…
ABB, Vestas to Electrify Off-grid African Areas
ABB and Vestas today signed a partnership agreement whereby they will contribute with their respective technologies to help rural communities in developing markets gain access to affordable clean electricity. The two companies will…
Decentralized Energy: Disruptive Impact to Energy Markets
The World Alliance for Decentralized Energy (WADE) will bring together energy experts and industry leaders to examine the future of decentralized energy in the new utility marketplace. The impacts of decentralized energy on the market…
IGCC System for Tokyo Electric Power
A consortium led by Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order from Tokyo Electric Power Company, Incorporated (TEPCO) for design work for a large-scale integrated coal gasification combined-cycle (IGCC)…
Norway Discusses the Future of DP
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Representatives from Norway’s shipbuilding industry recently gathered in Ålesund for a Dynamic Positioning (DP) sensor technologies workshop held by Sonardyne International Ltd., Guidance Marine and Veripos. Vessel operators, shipyards…
Mitsubishi Hitachi Agreement With Daewoo E&C
Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has signed a contract with Daewoo Engineering & Construction Ltd. (Daewoo E&C) under which MHPS is to supply two M501J gas turbines, one steam turbine and three generators for the Pocheon Combined Cycle Power Plant…
MHI's Distributed Power Business Development Department
Effective July 1, Mitsubishi Heavy Industries, Ltd. (MHI) will establish a new "Distributed Power Business Development Department" within its Energy & Environment business domain to oversee business relating to small and medium-size power systems and equipment.
Ultra-Deepwater Drilling: Technology Design Alliance
BP signs agreement with Maersk Drilling to develop designs for a new breed of advanced technology offshore drilling rigs. The agreement is part of BP’s Project 20KTM, a multi-year initiative to develop next-generation systems and…