Fintech News & Trends in Hong Kong and Asia

Mitsubishi Power Ships JAC Gas Turbine to Brazil: Marlim Azul Project Will Be the Most Fuel-efficient Gas Turbine Power Plant in South America

Florida, USA, Jun 18, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Power Americas, Inc. has shipped an M501JAC gas turbine to Marlim Azul Energia’s power plant in Macae, Rio de Janeiro, which will become the most fuel-efficient power plant in South America when it begins operation in January 2023. The plant was the winning […]

Live Online Workshop on Power Purchase Agreement

Singapore, Jun 11, 2021 – (ACN Newswire via SEAPRWire.com) – Infocus International Group has launched another Power Purchase Agreement (PPAs) online workshop and it will be commencing on 13 September 2021. There are many moving pieces affecting the future of electric power development in emerging markets. Unlike the past Independent Power Project models, which featured […]

Hitachi ABB Power Grids launches new transformers for floating offshore wind power

ZURICH, SWITZERLAND, Jun 7, 2021 – (JCN Newswire via SEAPRWire.com) – Hitachi ABB Power Grids today launched a portfolio of transformer products for offshore floating applications, designed to overcome the challenging offshore environment and withstand the physically demanding conditions on floating structures. The portfolio will enable much greater volumes of wind to be efficiently harvested […]

Mitsubishi Power Concluded Three LTSA Contracts Covering Six Gas Turbines Powering Three 750 MW Class GTCC Power Plants in Egypt at Signing Ceremony

YOKOHAMA, Japan, Jun 4, 2021 – (ACN Newswire via SEAPRWire.com) – Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has concluded, simultaneously, three 16-year long-term service agreement (LTSA) covering six M701F gas turbines, two each delivered, for Sidi Krir Power Station, El Atf Power Station and Cairo North GTCC plants in Egypt. These […]

Hitachi ABB Power Grids announces Sustainability 2030

ZURICH, SWITZERLAND, Jun 3, 2021 – (JCN Newswire via SEAPRWire.com) – Hitachi ABB Power Grids today announced Sustainability 2030 – its strategic plan for sustainability. Through Sustainability 2030 the global technology leader has outlined its main commitments to act and drive business in a sustainable way. Based around four pillars – Planet, People, Peace and […]

Hua Hong Semiconductor Achieved Mass Production of 12” 90nm BCD

HONG KONG, Jun 3, 2021 – (ACN Newswire via SEAPRWire.com) – Hua Hong Semiconductor Limited (“Hua Hong Semiconductor” or the “Company”, stock code: 1347.HK), a global, leading specialty pure-play foundry, announced that its 90nm BCD process has received wide recognition from customers for its high performance index and compact chip size, and mass production has […]

Honda to Begin Supplying Electrified Power Unit, eGX, for Commercial-Grade Work Equipment

TOKYO, May 31, 2021 – (JCN Newswire via SEAPRWire.com) – Honda Motor Co., Ltd. will begin supplying its eGX electrified DC power unit to Original Equipment Manufacturer (OEM) customers for use as a power source in their small-sized work equipment. Starting next month (June 2021), Honda will begin supplying the eGX in Japan, then expanding […]

Hitachi Selected as System Vendor for Demand Response Demonstration Project for the Optimization of Thai Power Supply and Demand Balance

TOKYO, May 28, 2021 – (JCN Newswire via SEAPRWire.com) – Hitachi, Ltd. (TSE: 6501) and Hitachi Asia (Thailand) Co., Ltd., a local corporation in the Kingdom of Thailand (Thailand) today announced that they have been selected for participation in a demand response(1) (DR) demonstration project driven by the Electricity Generating Authority of Thailand (EGAT), as […]

Mitsubishi Power and Iberdrola to promote renewable solutions aimed at decarbonizing industry

TOKYO, May 20, 2021 – (JCN Newswire via SEAPRWire.com) – Iberdrola and Mitsubishi Power have signed a collaboration agreement to jointly develop competitive, clean and safe energy solutions based on renewable energy that promote the decarbonization of industrial production in different regions around the world. Ken Kawai, Mitsubishi Power’s President and CEO; Aitor Moso, Iberdrola’s […]

Hitachi ABB Power Grids enables Minnesota Power to deliver more clean and affordable hydropower to the U.S. Upper Midwest region

Raleigh, N.C., May 14, 2021 – (JCN Newswire via SEAPRWire.com) – Hitachi ABB Power Grids announced the successful commissioning of a 500 kV – 1400 MVAr series capacitor bank, one of the largest in the world, on March 31, 2021 for Minnesota Power’s Great Northern Transmission Line project, helping ensure the delivery of more clean […]

Mitsubishi Power Achieves #1 Market Share Globally in the First Quarter of 2021 According to McCoy Power Report

YOKOHAMA, Japan, May 13, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, captured the top market share by megawatts in the first quarter of 2021 with a global gas turbine market share of 29.0% according to McCoy Power Reports data.* The company also secured 40.8% share […]

Showa Denko and Infineon Technologies Conclude Supply Contract and Development Agreement

TOKYO, May 6, 2021 – (JCN Newswire via SEAPRWire.com) – Showa Denko K.K. (SDK; TSE:4004) has concluded a two-year contract including optional extension clauses with Infineon Technologies AG (Infineon), a German semiconductor manufacturer providing semiconductor solutions for automotive and industrial use worldwide, to sell SiC materials for power semiconductors and cooperatively develop SiC materials technology. […]

Mitsubishi Power Receives Order for Two Gas Turbines for 1,500MW Class GTCC Power Plant in Uzbekistan

YOKOHAMA, Japan, Apr 14, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsubishi Power, a subsidiary of Mitsubishi Heavy Industries (MHI) Group, has received an order for two M701JAC gas turbines, the Company’s latest model in its air-cooled J-Series, for a 1,500-megawatt (MW) class natural-gas-fired GTCC (gas turbine combined cycle) power plant under construction in Sirdarya, […]