Table of Contents
Table of Contents 3
List of Tables 5
List of Figures 5
Mitsubishi Heavy Industries Ltd, Power, Deals By Year, 2012 to YTD 2018 6
Mitsubishi Heavy Industries Ltd, Power Deals By Type, 2012 to YTD 2018 7
Mitsubishi Heavy Industries Ltd, Power, Deals By Region, 2012 to YTD 2018 8
Mitsubishi Heavy Industries Ltd, Power, Deals By Sector, 2012 to YTD 2018 9
Mitsubishi Heavy Industries Ltd, Power, Deals Summary, 2012 to YTD 2018 10
Mitsubishi Heavy Industries Ltd, Power, Deal Details 12
Asset Purchase 12
PW Power Systems Sells FT4000 Gas Turbine 12
Hyflux and Mitsubishi Heavy Industries to Invest USD532.3 Million in Biomass Power Plant in Tuas, Singapore 13
ABB Plans to Sell Power Grid Business 14
Mitsubishi Paper Mills and Mitsubishi Heavy Industries Plan to Invest USD371 Million in Biomass Power Plant in Aomori Prefecture, Japan 15
Mitsubishi Heavy Industries To Acquire 50.1% Stake In Kirklareligaz Enerji Uretim Sanayi From Ata Kombine Cevrim For US$98.6 Million 16
Sun Group And Turboden To Invest US$408 Million In Two Geothermal Power Plants In Turkey 17
Elektrik Uretim Led Consortium to Invest USD16.3 Billion in Sinop Nuclear Power Plant in Turkey 18
Partnerships 19
Mitsubishi Heavy Industries Enters Into Licensing Agreement With BHEL 19
Mitsubishi Heavy Industries, Mitsubishi Heavy Industries Compressor, Mitsubishi Hitachi Power Form Partnership with Exxon Mobil 20
Consortium of Five Companies Form Partnership to Develop Coal Fired Thermal Power Plants in Fukushima, Japan 21
Vestas Wind Systems Forms Joint Venture With Mitsubishi Heavy Industries 22
Mitsubishi Heavy Industries Forms Joint Venture With Hitachi In Japan 24
Merger 25
Hitachi, Toshiba and Mitsubishi Heavy Industries May Postpone to Merge Nuclear Fuel Businesses 25
Acquisition 26
Mitsubishi Heavy Industries and Japan Nuclear Fuel Completes Acquisition of 10% Stake in Orano from Areva for USD539.5 Million 26
Mitsubishi Heavy Plans to Sell its 10% Stake in Mitsubishi Motors 28
Mitsubishi Heavy Industries Completes Acquisition of 19.5% Stake in New Areva from Electricite de France 29
Mitsubishi Heavy Industries and Suhail Bahwan Group Acquires Stake in Altaeros Energies 30
Hitachi To Acquire 35% Interest In Mitsubishi Heavy Industries Engine System (Shenzhen) From Mitsubishi Heavy Industries 31
Mitsubishi Heavy Industries Completes Acquisition Of Pratt & Whitney Power Systems, Manufacturer Of Gas Turbine, From United Technologies 32
Mitsubishi Heavy Industries Plans To Acquire 20% Interest In Vestas Wind Systems For US$250.3 Million 33
Mitsubishi Heavy Industries Ltd – Key Competitors 34
Mitsubishi Heavy Industries Ltd – Key Employees 35
Mitsubishi Heavy Industries Ltd – Locations And Subsidiaries 38
Head Office 38
Other Locations & Subsidiaries 38
Joint Venture 44
Recent Developments 45
Oct 25, 2018: MHPS announces changes in executive-level personnel 45
Sep 25, 2018: Shell selects E.ON to operate Texas wind farm 46
Aug 29, 2018: MHPS signs MOU with Dongfang Electric and Sichuan Provincial Investment Group on natural-gas-fired power generation facility 47
Aug 06, 2018: MHPS beats original estimates for upgrading the H-100 gas turbine 48
Aug 03, 2018: MHI announces outline of FY2018 first 3 months financial results ended June 30, 2018 49
Jul 30, 2018: Marubeni’s coal commitments are creating ‘needless reputational and financial risk’ 50
Jul 26, 2018: State approves revised settlement over shutdown costs for nuclear plant 52
Jul 13, 2018: TEPCO Fuel and Power & MHPS Launch Digital Solution Service to Improve Asset Value of Clean Coal Power Plants 53
Jul 05, 2018: MHPS secures order for Germencik power plant in Turkey 54
Jul 03, 2018: Mitsubishi Heavy Industries : MHI looks to power Vietnam’s future 55
Jun 11, 2018: Combustion Tuning System Using AI Technology Shown to Provide Cost Reduction Effect of Around $1M Annually 56
Jun 04, 2018: MHPS gets order to upgrade environmental systems at Unit 3 of KOMIPO’s Boryeong Power Station 57
Jun 01, 2018: Mitsubishi Shipbuilding develops system to reduce SOx emission 58
May 23, 2018: MHPS Receives Order for Two H-25 Gas Turbines at Standalone Power Plant in Taixing, China 59
May 08, 2018: Mitsubishi Heavy Industries Announces FY2017 Financial Results 60
Mar 12, 2018: Mitsubishi Heavy: H-100 Gas Turbine & Low NOx Combustion System Receives Full Mechanical Drive Qualification by Shell 61
Jan 16, 2018: Cloud Peak Energy Signs Long-Term Coal Export Agreement with JERA Trading to Supply New Japanese IGCC Power Plant 62
Dec 25, 2017: MHI To License CO2 Capture Technology To Major Russian Chemical Company Metafrax 63
Dec 08, 2017: MHI and MHPS Launch New Organizational Structures To Develop Energy Service Solutions for Changing Market 64
Nov 20, 2017: H-100 Gas Turbine Successfully Completes Low NOx Testing, Confirms Industry-Leading Performance 65
Sep 12, 2017: Turboden awarded new contract for geothermal power plant in Germany 66
Sep 01, 2017: The Highly Efficient Workhorse of Brunswick County 67
Sep 01, 2017: MHI Announces Changes In Executive-level Personnel 68
Jul 31, 2017: Formal Agreements Reached with French Utility (EDF) and the AREVA Group toward Investment in New NP of France 69
May 25, 2017: MHI Delivers Three Replacement Steam Generators for EDF’s Cruas Nuclear Power Plant 70
Mar 16, 2017: PWPS Delivers Two Fast-track FT8 MOBILEPAC Units to Libya English 71
Mar 13, 2017: International Tribunal Confirms MHI Supplied Defective Equipment for San Onofre Nuclear Plant, Caps Arbitration Award at Contract Liability Limit 72
Feb 08, 2017: Ongoing Discussion on the projects of Mitsubishi Hitachi Power Systems in the Republic of South Africa 73
Appendix 74
Methodology 74
About GlobalData 74
Contact Us 74
Disclaimer 74
Mitsubishi Heavy Industries Ltd, Power, Key Facts, 2018 2
Mitsubishi Heavy Industries Ltd, Power, Deals Summary, 2012 to YTD 2018 2
Mitsubishi Heavy Industries Ltd, Power, Deals By Year, 2012 to YTD 2018 6
Mitsubishi Heavy Industries Ltd, Power Deals By Type, 2012 to YTD 2018 7
Mitsubishi Heavy Industries Ltd, Power, Deals By Region, 2012 to YTD 2018 8
Mitsubishi Heavy Industries Ltd, Deals By Sector, 2012 to YTD 2018 9
Mitsubishi Heavy Industries Ltd, Power, Deals Summary, 2012 to YTD 2018 10
PW Power Systems Sells FT4000 Gas Turbine 12
Hyflux and Mitsubishi Heavy Industries to Invest USD532.3 Million in Biomass Power Plant in Tuas, Singapore 13
ABB Plans to Sell Power Grid Business 14
Mitsubishi Paper Mills and Mitsubishi Heavy Industries Plan to Invest USD371 Million in Biomass Power Plant in Aomori Prefecture, Japan 15
Mitsubishi Heavy Industries To Acquire 50.1% Stake In Kirklareligaz Enerji Uretim Sanayi From Ata Kombine Cevrim For US$98.6 Million 16
Sun Group And Turboden To Invest US$408 Million In Two Geothermal Power Plants In Turkey 17
Elektrik Uretim Led Consortium to Invest USD16.3 Billion in Sinop Nuclear Power Plant in Turkey 18
Mitsubishi Heavy Industries Enters Into Licensing Agreement With BHEL 19
Mitsubishi Heavy Industries, Mitsubishi Heavy Industries Compressor, Mitsubishi Hitachi Power Form Partnership with Exxon Mobil 20
Consortium of Five Companies Form Partnership to Develop Coal Fired Thermal Power Plants in Fukushima, Japan 21
Vestas Wind Systems Forms Joint Venture With Mitsubishi Heavy Industries 22
Mitsubishi Heavy Industries Forms Joint Venture With Hitachi In Japan 24
Hitachi, Toshiba and Mitsubishi Heavy Industries May Postpone to Merge Nuclear Fuel Businesses 25
Mitsubishi Heavy Industries and Japan Nuclear Fuel Completes Acquisition of 10% Stake in Orano from Areva for USD539.5 Million 26
Mitsubishi Heavy Plans to Sell its 10% Stake in Mitsubishi Motors 28
Mitsubishi Heavy Industries Completes Acquisition of 19.5% Stake in New Areva from Electricite de France 29
Mitsubishi Heavy Industries and Suhail Bahwan Group Acquires Stake in Altaeros Energies 30
Hitachi To Acquire 35% Interest In Mitsubishi Heavy Industries Engine System (Shenzhen) From Mitsubishi Heavy Industries 31
Mitsubishi Heavy Industries Completes Acquisition Of Pratt & Whitney Power Systems, Manufacturer Of Gas Turbine, From United Technologies 32
Mitsubishi Heavy Industries Plans To Acquire 20% Interest In Vestas Wind Systems For US$250.3 Million 33
Mitsubishi Heavy Industries Ltd, Key Competitors 34
Mitsubishi Heavy Industries Ltd, Key Employees 35
Mitsubishi Heavy Industries Ltd, Other Locations 38
Mitsubishi Heavy Industries Ltd, Subsidiaries 39
Mitsubishi Heavy Industries Ltd, Joint Venture 44
List of Figures
Mitsubishi Heavy Industries Ltd, Power, Deals by Type, 2012 to YTD 2018 2
Mitsubishi Heavy Industries Ltd, Power, Deals By Year, 2012 to YTD 2018 2
Mitsubishi Heavy Industries Ltd, Power, Deals By Region, 2012 to YTD 2018 2
Mitsubishi Heavy Industries Ltd, Power, Deals By Sector, 2012 to YTD 2018 2
Mitsubishi Heavy Industries Ltd, Power, Deals By Year, 2012 to YTD 2018 6
Mitsubishi Heavy Industries Ltd, Power, Deals by Type, 2012 to YTD 2018 7
Mitsubishi Heavy Industries Ltd, Power, Deals By Region, 2012 to YTD 2018 8
Mitsubishi Heavy Industries Ltd, Power, Deals by Sector, 2012 to YTD 2018 9