Welcome!

News Feed Item

MHI to Establish "Distributed Power Business Development Department"

Move Designed to Enhance Package Solutions Capability Involving Diverse Distributed Power Systems

Tokyo, June 4, 2014 - (JCN Newswire) - 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. The new department will integrate the company's distributed power business operations currently straddling two domains: Energy & Environment and Machinery, Equipment & Infrastructure. Its creation will enable MHI to shift its business model for distributed power systems from individual product sales to marketing and provision of solution packages, including servicing, matching market's diverse needs. In the medium term and beyond, the company is targeting related business scale in excess of 300 billion yen.

As the market for distributed power systems continues to expand on global scale, MHI has opted to create the new Distributed Power Business Development Department as a way of bringing together and manifesting the company's comprehensive in-house capabilities in this area, with the aim of dynamically developing new commercial territory. The new department will oversee the following products: from the Energy & Environment domain, gas turbines derived from aircraft engines, heavy-duty small-size gas turbines, Organic Rankine Cycle (ORC) turbines* and energy storage systems (ESS); and from the Machinery, Equipment & Infrastructure domain, reciprocating (diesel/gas) engines, district heating and cooling systems (large-scale centrifugal chillers), etc.

Until now MHI has pursued business in power generation systems centered on high-end, large-capacity offerings. More recently, however, the company has added new products in small and medium-size distributed power systems through new M&As and business integration. As a result the company can now supply a more diversified lineup of products.

Gas turbines based on aircraft engines and ORC turbines were added to the product lineup as an outgrowth of the acquisitions of Pratt & Whitney Power Systems (PWPS) and Turboden s.r.l. in 2013. The lineup of heavy-duty small-size gas turbines was further enhanced as a result of the merger of MHI's business in thermal power generation systems with that of Hitachi, Ltd. Other areas of business to be handled by the new department are MHI's pre-existing business fields, and although these all have solid track records, the company saw a need to create a new comprehensive organization to further strengthen MHI's response capability in package type solutions for projects involving regional development, etc.

Because the new department will require management capability enabling oversight of multiple business areas, it will launch with representatives in charge of sales, technology, etc. for each product area. Sales operations will be carried out taking advantage of MHI's existing global networks, and cooperative relationships with trading houses, etc. will also be maintained and developed. When necessary, liaison will also be undertaken with business development departments, etc. within the Energy & Environment domain that are already in the process of developing distributed power system markets in specific countries or regions. Hiromichi Morimoto, Senior Vice President and Senior General Manager, Business Division of Energy & Environment, will simultaneously serve as Director of the new department.

The creation of the new Distributed Power Business Development Department will now enable MHI to offer highly competitive package solutions in distributed power systems. While responding precisely to the market's diverse needs, the company looks to aggressively develop this growth market.

* ORC turbines employ an organic medium with a low boiling point. They are adaptable to heat sources including biomass, geothermal and solar energy, etc.

About Mitsubishi Heavy Industries

Since its foundation in 1884, Mitsubishi Heavy Industries (MHI) has sought pioneering new monodzukuri (manufacturing) techniques, building the foundations for the development of the entire industry. Today, with environmental and energy issues to the fore, MHI provides people around the world with eco-friendly products, and contributes to society through its involvement in global infrastructure projects and other business activities. For more information, please visit the MHI website at www.mhi.co.jp.



Source: Mitsubishi Heavy Industries

Contact:
Mitsubishi Heavy Industries
Hideo Ikuno
[email protected]
+81-3-6716-5277


Copyright 2014 JCN Newswire. All rights reserved. www.japancorp.net

More Stories By JCN Newswire

Copyright 2008 JCN Newswire. All rights reserved. Republication or redistribution of JCN Newswire content is expressly prohibited without the prior written consent of JCN Newswire. JCN Newswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
You think you know what’s in your data. But do you? Most organizations are now aware of the business intelligence represented by their data. Data science stands to take this to a level you never thought of – literally. The techniques of data science, when used with the capabilities of Big Data technologies, can make connections you had not yet imagined, helping you discover new insights and ask new questions of your data. In his session at @ThingsExpo, Sarbjit Sarkaria, data science team lead ...
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
Extracting business value from Internet of Things (IoT) data doesn’t happen overnight. There are several requirements that must be satisfied, including IoT device enablement, data analysis, real-time detection of complex events and automated orchestration of actions. Unfortunately, too many companies fall short in achieving their business goals by implementing incomplete solutions or not focusing on tangible use cases. In his general session at @ThingsExpo, Dave McCarthy, Director of Products...
Security, data privacy, reliability and regulatory compliance are critical factors when evaluating whether to move business applications from in-house client hosted environments to a cloud platform. In her session at 18th Cloud Expo, Vandana Viswanathan, Associate Director at Cognizant, In this session, will provide an orientation to the five stages required to implement a cloud hosted solution validation strategy.
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Up until last year, enterprises that were looking into cloud services usually undertook a long-term pilot with one of the large cloud providers, running test and dev workloads in the cloud. With cloud’s transition to mainstream adoption in 2015, and with enterprises migrating more and more workloads into the cloud and in between public and private environments, the single-provider approach must be revisited. In his session at 18th Cloud Expo, Yoav Mor, multi-cloud solution evangelist at Cloudy...
UpGuard has become a member of the Center for Internet Security (CIS), and will continue to help businesses expand visibility into their cyber risk by providing hardening benchmarks to all customers. By incorporating these benchmarks, UpGuard's CSTAR solution builds on its lead in providing the most complete assessment of both internal and external cyber risk. CIS benchmarks are a widely accepted set of hardening guidelines that have been publicly available for years. Numerous solutions exist t...
A critical component of any IoT project is what to do with all the data being generated. This data needs to be captured, processed, structured, and stored in a way to facilitate different kinds of queries. Traditional data warehouse and analytical systems are mature technologies that can be used to handle certain kinds of queries, but they are not always well suited to many problems, particularly when there is a need for real-time insights.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) and Yahoo! Inc. (Nasdaq: YHOO) have entered into a definitive agreement under which Verizon will acquire Yahoo's operating business for approximately $4.83 billion in cash, subject to customary closing adjustments. Yahoo informs, connects and entertains a global audience of more than 1 billion monthly active users** -- including 600 million monthly active mobile users*** through its search, communications and digital content products. Yahoo also co...
"Software-defined storage is a big problem in this industry because so many people have different definitions as they see fit to use it," stated Peter McCallum, VP of Datacenter Solutions at FalconStor Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Extreme Computing is the ability to leverage highly performant infrastructure and software to accelerate Big Data, machine learning, HPC, and Enterprise applications. High IOPS Storage, low-latency networks, in-memory databases, GPUs and other parallel accelerators are being used to achieve faster results and help businesses make better decisions. In his session at 18th Cloud Expo, Michael O'Neill, Strategic Business Development at NVIDIA, focused on some of the unique ways extreme computing is...
"We're bringing out a new application monitoring system to the DevOps space. It manages large enterprise applications that are distributed throughout a node in many enterprises and we manage them as one collective," explained Kevin Barnes, President of eCube Systems, in this SYS-CON.tv interview at DevOps at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Amazon has gradually rolled out parts of its IoT offerings in the last year, but these are just the tip of the iceberg. In addition to optimizing their back-end AWS offerings, Amazon is laying the ground work to be a major force in IoT – especially in the connected home and office. Amazon is extending its reach by building on its dominant Cloud IoT platform, its Dash Button strategy, recently announced Replenishment Services, the Echo/Alexa voice recognition control platform, the 6-7 strategic...
The best-practices for building IoT applications with Go Code that attendees can use to build their own IoT applications. In his session at @ThingsExpo, Indraneel Mitra, Senior Solutions Architect & Technology Evangelist at Cognizant, provided valuable information and resources for both novice and experienced developers on how to get started with IoT and Golang in a day. He also provided information on how to use Intel Arduino Kit, Go Robotics API and AWS IoT stack to build an application tha...