TOKYO: Japan’s Mitsubishi said that it and other shareholders of the Monsoon wind power project in Laos have raised US$692 million in financing for the wind farm. Mitsubishi, Thai renewable energy firm BCPG, and other stakeholders secured the financing package from the Asian Development Bank, Japan International Cooperation Agency, Sumitomo Mitsui Banking Corporation and other […]
Origis selects Mitsubishi to supply batteries to three energy storage projects – EQ Mag
Located in the Southeast US, the project are slated to come online over the next two years. US-based solar and energy storage developer Origis Energy has awarded a contract to Mitsubishi Power Americas to deliver three utility-scale battery energy storage system (BESS) with a total capacity of 150MW/ 600MWh. Mitsubishi Power Emerald storage solution will […]
Japan Inc Wants to Become a Hydrogen Superpower
To succeed, it must focus on unglamorous industrial uses of the gas. IN 2016 TOKYO’S At that time, Governor Masuzoe predicted that the Olympic Games held by the Japanese capital in 2020 would “leave the hydrogen society as its heritage,” just as the 1964 Tokyo Olympic Games left the Shinkansen. Later that year, Mr. Masuzoe […]
Mitsubishi Electric Boss Resigns Over Decades of Falsified Data
The company said it had improperly inspected some of its train-carriage air conditioners and brake compressors. The earliest of the fabricated inspection documents dated from 1985. Tokyo: The chief of Mitsubishi Electric resigned on Friday after the Japanese electronics conglomerate admitted to having falsified certain inspection data over more than three decades. Earlier this week, […]
MUFG leads Malaysian 100MW solar plant financing
Facility part of nation’s push to achieve self-sufficiency in clean energy Mitsubishi UFJ Financial Group’s banking subsidiary in Malaysia, MUFG Bank (Malaysia), announced that it acted as mandated lead arranger and sole green structuring adviser for a 342 million ringgit (US$83 million) syndicated financing facility for the development of a 100-megawatt (MW) solar plant located […]
How Siemens Energy Is Targeting the US Green Hydrogen Opportunity
The latest test at the Utah mega-project marks the third U.S. entry into electrolysis, storage and the use of carbon-free fuel. Green hydrogen is both an untested and a potentially vital way for renewable-energy-powered grids to store their intermittent power for later use, not just for hours at a time, but for days, weeks or […]
Coal to Green Hydrogen: Germany’s Energy Transition Summed Up in One Project
How coal phaseout policies, waste heat and a steel mill are helping one green hydrogen project stack up. The Moorburg coal power station boasts an eventful inception, a landmark closure, and now, a bright future. It was opened in 2015 by Swedish utility Vattenfall on the banks of the Elbe river, just outside the German […]
Mitsubishi Electric develops new blockchain for P2P energy trading
Japan’s Mitsubishi Electric Corporation and the Tokyo Institute of Technology have partnered to develop a blockchain platform to facilitate peer-to-peer (P2P) energy trading. The system will be reviewed in April and the organizations aim to commercialize it soon after. The platform is not an application based on an existing blockchain but instead a new type […]
Mitsubishi Heavy looks beyond solar and wind in clean energy push
Japanese conglomerate faces emissions challenge because of reliance on carbon-heavy businesses Mitsubishi Heavy Industries plans to invest in green technologies beyond solar and wind as one of the biggest participants in fossil fuel power generation tries to reinvent itself in clean energy. Kentaro Hosomi, head of the Japanese conglomerate’s mainstay energy business, told the Financial […]
Delhi discom wins award for country’s first grid-scale battery energy storage system
The 10 MWh mega inverter set up at Rohini can feed around 2,500 “special customers” providing essential services like hospitals, Delhi Jal Board, Delhi Metro and schools among others New Delhi: Power discom Tata Power Delhi Distribution Limited (TPDDL) has won the CII Industrial Innovation Award for developing the country’s first grid-scale battery energy storage […]
