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
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
All clouds are not equal. To succeed in a DevOps context, organizations should plan to develop/deploy apps across a choice of on-premise and public clouds simultaneously depending on the business needs. This is where the concept of the Lean Cloud comes in - resting on the idea that you often need to relocate your app modules over their life cycles for both innovation and operational efficiency in the cloud. In his session at @DevOpsSummit at19th Cloud Expo, Valentin (Val) Bercovici, CTO of So...
SYS-CON Events announced today that Commvault, a global leader in enterprise data protection and information management, has been named “Bronze Sponsor” of SYS-CON's 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Commvault is a leading provider of data protection and information management solutions, helping companies worldwide activate their data to drive more value and business insight and to transform moder...
SYS-CON Events announced today that eCube Systems, a leading provider of middleware modernization, integration, and management solutions, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. eCube Systems offers a family of middleware evolution products and services that maximize return on technology investment by leveraging existing technical equity to meet evolving business needs. ...
Personalization has long been the holy grail of marketing. Simply stated, communicate the most relevant offer to the right person and you will increase sales. To achieve this, you must understand the individual. Consequently, digital marketers developed many ways to gather and leverage customer information to deliver targeted experiences. In his session at @ThingsExpo, Lou Casal, Founder and Principal Consultant at Practicala, discussed how the Internet of Things (IoT) has accelerated our abil...
SYS-CON Events has announced today that Roger Strukhoff has been named conference chair of Cloud Expo and @ThingsExpo 2016 Silicon Valley. The 19th Cloud Expo and 6th @ThingsExpo will take place on November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. "The Internet of Things brings trillions of dollars of opportunity to developers and enterprise IT, no matter how you measure it," stated Roger Strukhoff. "More importantly, it leverages the power of devices and the Interne...
Digital innovation is the next big wave of business transformation based on digital technologies of which IoT and Big Data are key components, For example: Business boundary innovation is a challenge to excavate third-party business value using IoT and BigData, like Nest Business structure innovation may propose re-building business structure from scratch, as Uber does in the taxicab industry The social model innovation is also a big challenge to the new social architecture with the design fr...
Whether they’re located in a public, private, or hybrid cloud environment, cloud technologies are constantly evolving. While the innovation is exciting, the end mission of delivering business value and rapidly producing incremental product features is paramount. In his session at @DevOpsSummit at 19th Cloud Expo, Kiran Chitturi, CTO Architect at Sungard AS, will discuss DevOps culture, its evolution of frameworks and technologies, and how it is achieving maturity. He will also cover various st...
So, you bought into the current machine learning craze and went on to collect millions/billions of records from this promising new data source. Now, what do you do with them? Too often, the abundance of data quickly turns into an abundance of problems. How do you extract that "magic essence" from your data without falling into the common pitfalls? In her session at @ThingsExpo, Natalia Ponomareva, Software Engineer at Google, provided tips on how to be successful in large scale machine learning...
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
Why do your mobile transformations need to happen today? Mobile is the strategy that enterprise transformation centers on to drive customer engagement. In his general session at @ThingsExpo, Roger Woods, Director, Mobile Product & Strategy – Adobe Marketing Cloud, covered key IoT and mobile trends that are forcing mobile transformation, key components of a solid mobile strategy and explored how brands are effectively driving mobile change throughout the enterprise.
In his session at @ThingsExpo, Kausik Sridharabalan, founder and CTO of Pulzze Systems, Inc., will focus on key challenges in building an Internet of Things solution infrastructure. He will shed light on efficient ways of defining interactions within IoT solutions, leading to cost and time reduction. He will also introduce ways to handle data and how one can develop IoT solutions that are lean, flexible and configurable, thus making IoT infrastructure agile and scalable.
Creating replica copies to tolerate a certain number of failures is easy, but very expensive at cloud-scale. Conventional RAID has lower overhead, but it is limited in the number of failures it can tolerate. And the management is like herding cats (overseeing capacity, rebuilds, migrations, and degraded performance). Download Slide Deck: ▸ Here In his general session at 18th Cloud Expo, Scott Cleland, Senior Director of Product Marketing for the HGST Cloud Infrastructure Business Unit, discusse...
Data is an unusual currency; it is not restricted by the same transactional limitations as money or people. In fact, the more that you leverage your data across multiple business use cases, the more valuable it becomes to the organization. And the same can be said about the organization’s analytics. In his session at 19th Cloud Expo, Bill Schmarzo, CTO for the Big Data Practice at EMC, will introduce a methodology for capturing, enriching and sharing data (and analytics) across the organizati...
SYS-CON Events announced today that Bsquare has been named “Silver Sponsor” of SYS-CON's @ThingsExpo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. For more than two decades, Bsquare has helped its customers extract business value from a broad array of physical assets by making them intelligent, connecting them, and using the data they generate to optimize business processes.