Tag: MITSUBISHI

Mitsubishi Corporation has entered into an MOU with other large international companies to sponsor the creation of a global coalition, the e-NG Coalition, which is exclusively dedicated to electric natural gas (e-NG or e-natural gas), also referred to as e-methane. The founding members of the e-NG Coalition include: •Engie•Mitsubishi Corporation•Osaka Gas•Sempra Infrastructure•TES•Tokyo Gas•Toho Gas•TotalEnergies.e-NG is a synthetic gas produced by the combination of renewable hydrogen and recycled CO2 through methanation. With a molecular composition identical to conventional natural gas, it can be transported and stored utilizing existing infrastructures. e-NG is considered as a sustainable “drop-in” solution for gas consumers as ... Read more

Mitsubishi Corporation, Mitsubishi Fuso Truck and Bus Corporation and Mitsubishi Motors Corporation aim to jointly establish a new company “EVNION Inc.” in June 2024 , to operate an online platform to provide one-stop services relating to electric vehicles (EV).  Such establishment of EVNION will be subject to receipt of regulatory clearances from the relevant authorities. The three companies decided to establish EVNION with the aim of easily providing relevant information and services to more users, as EVs gain increasing attention from vehicle buyers who are considering their contribution towards a decarbonized society. EVNION will operate a unique online platform “EVNION ... Read more

Mitsubishi Heavy Industries, Ltd. (MHI) announced that it has invested in Fervo Energy (Fervo), an innovative enhanced geothermal technology startup company headquartered in Houston, Texas. The investment has been executed through Mitsubishi Heavy Industries America, Inc. (MHIA), which joins a consortium of investors, including Devon Energy Corporation (Devon), Marunouchi Innovation Partners (MIP) and others. “Cape Station”, a next-generation geothermal energy project under drilling in Utah Fervo has adapted innovations pioneered by the oil and gas industry, such as horizontal drilling and distributed fiber optic sensing, to make reservoirs of hot rock that exist beneath the earth’s surface into practical, economically ... Read more

Mitsubishi Electric Building Solutions to Supply Elevators and Escalators for New Capital Relocation Project in Indonesia Orders received for 33 elevators and 22 escalators for key government facilities TOKYO, Feb 27, 2024 – (JCN Newswire) – Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Tadashi Matsumoto) has announced that PT. Mitsubishi Jaya Elevator and Escalator (MJEE), which is engaged in sales, manufacturing, installation, and maintenance of elevators and escalators in Indonesia, has secured a major order to supply a total of 55 units, comprising 33 elevators and 22 escalators, for the Indonesia New Capital Relocation Project (Phase ... Read more

Mitsubishi Corporation announced today that it has agreed on February 24, 2024 to sell its entire 49% stake in Exportadora de Sal, S.A. de C.V. (hereinafter “ESSA”), a salt production company in Mexico, to the Ministry of Economy of Mexico, the existing shareholder of ESSA (*).  MC has operated ESSA together with the Ministry of Economy of Mexico since 1973, and with this share transfer, ESSA will aim to achieve further growth under the leadership by the public sector of Mexico. MC will continue to purchase salt produced by ESSA and provide a stable supply to our customers.   (*) The ... Read more