The western wing of Mitsubishi Hitachi Power Systems (MHPS) has spun off a business line focused on digital power, energy storage and low-carbon power generation, the company announced Thursday morning.
MHPS Americas’ new Power & Energy Solutions business wants to develop next generation technologies, both proprietary and in partnerships, utilizing artificial intelligence, energy efficiency, battery storage beyond lithium ion, geothermal renewable power, solid oxide fuel cells and upgrades for natural gas-fired power plants. The new firm is headquartered in Lake Mary, Florida and is launching having already made some solutions commercially available, according to the release.
Mitsubishi Hitachi Power Systems, Ltd. (MHPS), a thermal power generation systems company jointly established by Mitsubishi Heavy Industries, Ltd. and Hitachi, Ltd., launched business operations effective February 1, 2014.
