Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has completed construction and commenced operations for the third M701JAC unit out of four at a natural gas-fired power plant in Rayong Province on 31 March 2024. The plant is a joint venture between Gulf Energy Development PCL, Thailand’s largest independent power producer (IPP), and Mitsui & Co., Ltd.
GTCC Power Plant in Rayong
The power plant in Rayong Province, located approximately 130 km southeast of Bangkok, is operated by Gulf PD Company Limited. The overall project consists of two GTCC power plants, each comprising four gas turbine units, steam turbines, heat recovery steam generators, and generators.
This milestone marks the timely delivery of seven out of eight M701JAC units across two ultra-large-scale 2,650 megawatts (MW) GTCC power plants in Rayong and Chonburi*, with a collective output of 5,300MW. Anticipated to be fully operational by fall 2024, all eight units of the completed power plants are poised to support the electricity needs of key industrial and economic hubs in the eastern region of Thailand.
The four M701JAC units installed at the Gulf Sriracha Power Plant in Chonburi Province in October 2022, along with the two units in Rayong Province, are currently operating smoothly. They have exceeded 75,000 actual operating hours (AOH) , demonstrating high reliability of the state-of-the-art JAC gas turbines.
Despite challenges posed by the spread of COVID-19, local construction has persevered. Through strong collaborative efforts with Mitsubishi Power’s customers and contractors, the power solutions brand ensured smooth delivery of its equipment and upheld highest standards in its ongoing maintenance services.
The Gulf Sriracha Power Plant also earned the distinguished “Power Plant of the Year” title at the Power and Energy Awards at Enlit Asia 2023 in December. The recognition underscores the plant’s efficacy in meeting Thailand’s rising energy demand and highlights its commitment to decarbonization and advancement in the nation’s energy transition.
Reinforcing its commitment to meeting Thailand’s energy demands with industry-leading gas turbine technologies, Mitsubishi Power has also successfully begun operations of one of two M701JAC gas turbines in a 1,400MW natural gas-fired power plant by Hin Kong Power Company Limited, a special purpose company (SPC) jointly established by RATCH Group Public Company Limited and Gulf Energy Development Public Company Limited. The completion and full operation of the second unit is scheduled for January 2025.
Akira Takahashi, President and Managing Director of Mitsubishi Power (Thailand) Ltd., said: “Having been part of Thailand’s energy story for more than five decades, we are honored that our robust GTCC solutions have helped to enhance the reliability and efficiency of Thailand’s energy infrastructure, and supported the country’s progress towards a more sustainable energy future. In cooperation with Gulf and valued partners, we aim to complete this project, and will continue to do our best to support long-term maintenance and services.”
*The power plant in Chonburi Province is operated by Gulf SRC Company Limited.
(From left) Natapol Niwatanakanjana (Project Site Manager / EGAT), Saksit Wisasuwan (Vice President – Operation Department 5 / Sino-Thai Engineering & Construction Public Company Limited),Akira Takahashi (President and Managing Director/ Mitsubishi Power (Thailand) Ltd.), Junta Sasaji (Managing Director / Mit-Power Capitals (Thailand) Limited), Pitak Sangchot (Head of Asset Management – Domestics / Gulf Energy Development PCL), Montri Watjanaphonsan (Senior Vice President – Engineering & G
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.
Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that it posted record retail sales of 81,473 vehicles(1) in the Philippines in FY2023, an increase of 34 percent from the previous fiscal year and the highest volume since FY2017.
Sales of the Mirage G4 compact sedan, which continues to enjoy sustained high demand from customers, increased significantly. Sales were also boosted by the Xpander, which was that market’s top-selling MPV, and the all-new Triton, which launched in January. In the Philippine auto market, which grew overall, Mitsubishi Motors rose 18.5 percent(2) of the market share, an increase of 2.3 point from the previous year.
“Mitsubishi Motors has been involved in production and sales in the Philippines for more than 60 years, contributing to that country’s economy and earning the solid confidence of customers,” said Tatsuo Nakamura, Executive Vice President (responsible for Sales) of Mitsubishi Motors. “Going forward, we will offer even more Mitsubishi Motors products to customers, and we will strive to satisfy our customers through both products and services that embody Mitsubishi Motors-ness.We aim to further expand sales in the Philippines, one of our most important markets.”
In Mitsubishi Motors’ mid-term plan, “Challenge 2025”, Mitsubishi Motors defined its core business regions of ASEAN as “Growth Drivers” and announced that it will concentrate management resources to “Growth Drivers” to roll out many new models to expand sales volume and revenue. Among such “Growth Drivers”, the new car market in the Philippines has been growing rapidly along with high growth rate of population and economy and is expected to continuously grow further over the medium term.
Mitsubishi Motors has signed a joint venture agreement with Security Bank(3), a financial institution in the Philippines on April 9 to establish Mitsubishi Motors Finance Philippines Inc., a retail finance company that will offer financing services to Mitsubishi Motors’ customers. Going forward, Mitsubishi Motors has plans for further sales expansion in the Philippines through Security Bank’s extensive lineup of retail financial products.
(1) Preliminary figure (2) Based on Mitsubishi Motors’ own research (3) Security Bank, based in Makati, Republic of the Philippines, is a private domestic universal bank with total assets of PHP872 billion as of December 31, 2023. It listed on the Philippine Stock Exchange. The Bank’s strategic partnership with Mitsubishi UFJ Financial Group (MUFG), the largest financial group in Japan, enables the expansion of its ecosystem, integration of best practices, and global opportunities for local clients.
Mitsubishi Heavy Industries, Ltd. (MHI) and NGK INSULATORS, LTD. (NGK) will jointly develop a hydrogen purification system that uses membrane separation to purify from hydrogen-nitrogen mixture gas after ammonia cracking. The companies expect the technology to contribute to the establishment of a hydrogen and ammonia supply chain enabling high-volume transport.
Flow Diagram of Hydrogen Purification System from Ammonia Cracking Gas
This joint project aims to build an optimal system for purifying hydrogen using membrane separation from the mixed gas of hydrogen and nitrogen after ammonia cracking. MHI will contribute its significant global expertise delivering ammonia plants and other chemical plants, and its technologies for handling ammonia and hydrogen. NGK will contribute its deep knowledge of subnano ceramic membrane technology and unique film deposition technology developed in the fields of chemical processes and water purification, namely, the world’s largest ceramic membranes, which are known for their exceptional separation accuracy and durability. MHI and NGK are committed to driving the development forward, aiming to achieve early commercialization.
Ammonia is garnering attention today as a hydrogen carrier that enables safe transport and storage of hydrogen, a fuel that emits no CO2 when combusted, in large volumes over great distances. Plans to establish supply chains are underway worldwide, notably in Europe, while in Japan a “Fuel Ammonia Supply Chain Establishment” project is in progress. This market is expected to grow in the years ahead.
MHI Group is pursuing a growth strategy in the area of Energy Transition, aiming for decarbonization on the energy supply side to support the Company’s goal of achieving Carbon Neutrality by 2040. Through the development and commercialization of a membrane separation hydrogen purification system from ammonia cracking gas will contribute to building a hydrogen and ammonia supply chain, the Company will strive for early establishment and execution of decarbonization technologies, as a way of contributing to the realization of a sustainable Carbon-Neutral world.
NGK Group has formulated a “Carbon Neutrality Strategic Roadmap” consisting of four strategies to contribute to the realization of a carbon-neutral society and promoting the development and provision of hydrogen and Carbon dioxide Capture, Utilization and Storage (CCUS) related technologies, and products. NGK will contribute to society through our business by realizing what has previously been difficult with ceramic technology at the core, and by working to the point where the key devices are implemented in society.
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.
Mitsubishi Corporation (hereinafter “MC”) is pleased to announce its effort to advance Direct Air Capture (DAC) technologies, through participation in a project in Louisiana, USA.
Through the project, MC collaborates with multiple third-party DAC technology companies in order to identify innovative technologies anticipated to substantially lower costs, advancing the technology maturation through detailed evaluation and engineering works with the goal of facilitating the early commercialization of DAC.
This project will be in collaboration with Shell US Gas & Power (hereinafter “Shell”), who is leading the overall engineering and deployment as part of the project. The project scope centers on a feasibility study that includes evaluating the performance of multiple DAC technologies by demonstrations, supporting DAC technology companies as they design deployments, investing in prioritized distinct DAC technologies, and identifying opportunities to reduce the energy, water, and land resources required for carbon removal, as well as defining the technology needs for future deployment at scale.
MC is committed to contributing to the achievement of a carbon-neutral society. This includes plans to utilize captured CO2 as feedstock for producing synthetic fuels such as e-natural gas and Sustainable Aviation Fuel (SAF) on a long-term basis, while also aiming for the global expansion of the DAC business.
In October 2021, MC unveiled its roadmap to carbon neutrality and its aim to be a net-zero greenhouse-gas emissions company by the year 2050, while striving for a stable energy supply and low-carbon transition. In order to mitigate global warming and achieve net-zero, not only reducing GHG emissions but also removing residual GHG from the atmosphere, namely Carbon Dioxide Removal (CDR) including DAC, is crucial. Hence, there is growing anticipation for the early adoption of DAC technology in society, driven by its potential for innovation and the opportunities to reduce costs through scaling up.
About Mitsubishi CorporationYear of Establishment: 1954 Headquarters: 2-3-1 Marunouchi, Chiyoda-ku, Tokyo, Japan Representative: Katsuya Nakanishi, President and Chief Executive Officer Main Operations: MC operates a wide range of businesses spanning multiple industries and overseen by eight industry-specific business groups: Environmental Energy, Materials Solution, Mineral Resources, Urban Development & Infrastructure, Mobility, Food Industry, Smart-Life Creation, and Power Solution.
Mitsubishi Shipbuilding Co, Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, has acquired Approval in Principle (AiP)(1) from the Japanese classification society ClassNK for an ammonia fuel supply system (AFSS) for the “X-DF-A,” a large, low-speed 2-stroke ammonia-fueled engine under development by WinGD, a Swiss designer and licensor of large marine engines. The AiP presentation ceremony took place today at “Sea Japan 2024” International Maritime Exhibition and Conference at Tokyo Big Sight.
AiP Presentation Ceremony (From right: Mr. Dominik Schneiter, CEO, WinGD Mr. Shin Ueda, President & CEO, Mitsubishi Shipbuilding Mr. Masaki Matsunaga, Executive Vice President / Director of Plan Approval and Technical Solution Division, ClassNK)
In June 2023 Mitsubishi Shipbuilding and WinGD concluded a memorandum of understanding (MOU) to undertake joint technical studies on an AFSS, aiming to contribute to the achievement of a new target set by the International Maritime Organization (IMO) of net zero greenhouse gas (GHG) emissions in the global maritime industry by or around 2050(2). The joint studies resulted in finalization in February 2024 of the basic design for an AFSS for the “X-DF-A” engine under development by WinGD(3). The AiP was acquired together with approval of a new ammonia gas abatement system (AGAS), and now technical studies will go forward with WinGD toward commercialization.
Because ammonia emits no CO2 when combusted, it is attracting attention today as a fuel with the potential to contribute significantly to reducing GHG emissions in the maritime industry, and it is expected to be utilized in the future as a source of stable, clean energy. Going forward, Mitsubishi Shipbuilding will continue to develop marine ammonia handling systems, including fuel supply systems for ammonia combustion systems for the X-DF-A and other engines, as well as various ammonia gas abatement system systems. In addition, by proposing the design and engineering of ammonia-fueled ships and onboard plants – comprising multiple ammonia-fueled combustion systems such as main engines, power generation engines, and boilers – Mitsubishi Shipbuilding will promote decarbonization of the maritime industry toward realizing a carbon-neutral society, and also contribute to reduction of environmental impacts on a global scale.
(1) Approval in Principle (AiP) indicates that a certification body has reviewed the basic design and confirmed that it meets the technical requirements and standards for safety. Inspection of this system was conducted based on ClassNK’s “Guidelines for Ships Using Alternative Fuels.” (2) For more information on the MOU signed by Mitsubishi Shipbuilding and WinGD, see the following press release. https://www.mhi.com/news/230605.html (3) For more information on the finalization of the basic design of the AFSS for WinGD’s marine engine, see the following press release: https://www.mhi.com/news/24022203.html
About MHI Group
Mitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com.
