Monday, November 28, 2016

Japan: Mitsubishi Hitachi Power Systems Looks to Expand Geothermal Turbine Business

MHI, Hitachi Venture Eyes Africa, Latin America for Geothermal (Bloomberg)

Mitsubishi Hitachi Power Systems Ltd. (MHPS), a venture between Mitsubishi Heavy Industries Ltd. and Hitachi Ltd., is eyeing Africa and Latin America to export its geothermal turbines, hoping to supply equipment for projects backed by Japan’s aid agency.

The company, which announced winning an order in October to supply a 55-megawatt turbine for a project in Costa Rica, is looking at countries like Kenya, Ethiopia, Mexico, Nicaragua and Ecuador, Yoshio Minato, geothermal area manager for Yokohama-based MHPS, said in an interview. In Asia, the venture is focusing on the Philippines and Indonesia, according to Minato.