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MHI to Invest in Green Hydrogen & Green Ammonia in South Australia

Mitsubishi Heavy Industries, Ltd. (MHI) has agreed to make a capital investment in H2U Investments, the holding entity of the H2U Group. The H2U Group includes The Hydrogen Utility (H2U), the leading Australian developer of green hydrogen and green ammonia projects using power derived from renewable energy sources. The agreement also includes MHI’s support for H2U’s projects and business development initiatives, including supporting the Front-End Engineering and Design (FEED) study for H2U’s Eyre Peninsula GatewayTM project in South Australia. South Australia has a rich endowment of wind and solar resources, and is now the leading economy, globally, in the integration of variable renewable energy into its electricity generation mix. By leveraging abundant renewable energy resources in the region to produce green hydrogen and green ammonia as part of the State’s carbon-free energy solutions, the initiatives will help decarbonize mineral processing and agricultural industries in the region, and lay the foundation to…

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MHI Opens New Development and Testing Facility for Commercial-Use Air Conditioning & Refrigeration Systems

MHI Thermal Systems, Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has completed construction of a new development and testing facility for commercial-use air conditioning & refrigeration systems at its Biwajima Works (Kiyosu City, Aichi Prefecture), the core research and development facility among centres throughout the world. The completion ceremony was held today. The establishment of this new facility, together with its existing development and testing centre, will accelerate development and commercialization of commercial-use air conditioning & refrigeration systems in global markets. MHI Thermal Systems is also expanding its development and testing facilities such as in Thailand, enhancing its development capabilities worldwide. The new development and testing facility at the Biwajima Works is a two-story building with 2,155m2 of total floor area. It is equipped with various types of testing rooms for commercial-use, high-capacity systems able to handle different weather conditions, environmental regulations, and other variables in countries around the…

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MHI Group Receives EcoVadis Silver Rating for Overall Sustainability Second Year In A Row

For the second consecutive year, Mitsubishi Heavy Industries, Ltd. (MHI) has been awarded a Silver rating for overall sustainability from EcoVadis, the independent French platform that regularly assesses corporate supply chains. At a time when pursuit of the Sustainable Development Goals (SDGs) has become a global focus of universal concern, EcoVadis gave high marks to MHI Group for its initiatives in promoting sustainability throughout its supply chain in all four criteria categories: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. In receiving a Silver rating, which is second only to Gold, MHI Group places within the top 24% of all companies evaluated by EcoVadis. Among manufacturers of general-purpose machinery, the rating puts MHI Group in the upper 16%. EcoVadis, working through its cloud-based platform, provides buyer companies with evaluative data pertaining to suppliers’ SDGs initiatives. To date, it has evaluated more than 45,000 companies worldwide. Through the years, MHI…

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MHI Group Invests in HydrogenPro, Contributing to Creation of a Sustainable Society

Mitsubishi Heavy Industries, Ltd. (MHI) has made a financial investment in HydrogenPro AS of Norway, a company engaged in the development and manufacture of electrolyzers, devices that produce hydrogen by the process of water electrolysis. MHI subscribed to newly issued shares placed by HydrogenPro in an initial public offering (IPO) undertaken to fund expansion of its business operations. MHI already provides various decarbonisation technologies that allow for a realistic path towards net-zero and will form the strategic partnership with HydrogenPro to further expand its portfolio and provide green hydrogen production plants to the market going forward. HydrogenPro was established in 2013 based in the Norwegian city of Porsgrunn, Telemark County. The history of water electrolysis technology traces back to 1927, when a fertilizer and heavy water plant employing water electrolysis technology was launched in Telemark by Norsk Hydro, a Norwegian state owned conglomerate. HydrogenPro has already developed a 9 megawatt…

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Below the Surface of Singapore Lies the Future of Keeping Cool

When you flick the switch on a typical air conditioning unit, you’re setting off a process that hasn’t traditionally boasted green credentials. Conventional cooling devices account for as much as 10% of all global greenhouse gas emissions, according to the World Bank. It predicts that, if left unchecked, emissions from cooling will double by 2030. Cooling’s potential impact on the environment grows even starker over the longer term, as temperatures in cities that we currently regard as extreme potentially become the norm within 30 years. This will mean a global increase in demand, and in regions not normally associated with air conditioning, such as northern Europe. However, the International Energy Agency (IEA) predicts that the majority of demand growth will come from emerging economies, particularly in Southeast Asia. The region, where currently only 15% of the population has access to air conditioning, is predicted to see “skyrocketing” sales of units over the next 20 years.…

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MHI Group Joins IP Open Access Declaration Against COVID-19

Mitsubishi Heavy Industries Group, in agreement with the purport of the “Open COVID-19 Declaration” pertaining to intellectual property rights in the context of the global COVID-19 pandemic, has formally announced its participation in the Declaration. The Declaration’s overarching purpose is to support initiatives underway to stop the global spread of the novel coronavirus. By participating in the Open COVID-19 Declaration, MHI Group agrees, within a specified time frame and without seeking any compensation, not to assert any patent, utility model, design or copyright in its possession against any activities whose sole purpose is stopping the spread of COVID-19, including diagnosis, prevention, containment and treatment. Currently, in a concerted quest to prevent the spread of COVID-19 and bring the pandemic to an end, industrial, governmental and academic resources are being coordinated to develop and manufacture therapeutic drugs, vaccines, medical equipment and products to prevent the virus contagion. The Open COVID-19 Declaration…

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The Power of Kaizen

THE POWER OF KAIZEN The Japanese philosophy of kaizen, which encapsulates a culture of constant improvement, is a powerful force in the business world. Kaizen asks employees to question what they are doing in order to find new and better ways of doing things. It could mean creating a component using fewer materials, changing a production layout to boost efficiency, or finding a new approach to solving a challenge. Small changes add up to big gains. And these result in a faster, leaner and more efficient world of shorter production times, lower inventory levels and reduced costs. In today’s fast-changing world, manufacturers in every industry need to adopt a mindset that enables them to react quickly, intelligently and creatively to an evolving market. This is kaizen at work. This short video explores the spirit of kaizen and explains just why it is so good for business.    To read…

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Mitsubishi Shipbuilding Holds Launch Ceremony for “Yamato” Passenger Ship

Mitsubishi Shipbuilding Holds Christening and Launch Ceremony for Second Passenger/Cargo Ship for Hankyu Ferry Tokyo, January 10, 2020 – Today, Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries Group based in Yokohama, held a christening and launch ceremony for the second of two ferries currently under construction for Hankyu Ferry Co, Ltd. The new vessel, named “Yamato,” will be handed over in June 2020 after completion of rigging work. Together with the simultaneously ordered “Settsu,” which was christened and launched last August, the “Yamato” will serve on the company’s Shinmoji-Kobe route. The well-attended ceremony was held at the Enoura Plant of Mitsubishi Heavy Industries, Ltd.’s Shimonoseki Shipyard & Machinery Works in Yamaguchi Prefecture. After the formal christening by Hankyu Ferry President & CEO Akira Ogasawara, the ceremonial rope cutting was performed by Nozomi Kobayashi, who serves as ambassador of seagoing travel for the Japan Passengerboat Association. The “Yamato,”…

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MHI Thermal Systems to Relocate to Central Tokyo’s Marunouchi Business District

MHI Thermal Systems to Relocate to Central Tokyo’s Marunouchi Business District Mitsubishi Heavy Industries Thermal Systems, Ltd. is proud to announce that is has just moved its headquarters to central Tokyo’s Marunouchi business district. The new location is in the Marunouchi   Nijubashi Bldg., where Mitsubishi Heavy Industries, Ltd. (MHI) relocated its Global Headquarters in January 2019. Business operations at the new site will begin on August 19, 2019. In tandem with moving to the Marunouchi area as an MHI Group member, MHI Thermal Systems will progressively undertake reforms and create new value in response to changes in the social environment. In doing so, the Company will continue to take up the challenges of tomorrow, aiming to be a presence always needed by society. New Address: 2-3 Marunouchi 3-chome, Chiyoda-ku, Tokyo 100-8332, Japan (Marunouchi Nijubashi Bldg.) To read the full article, please click here.

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