Engie, MHI Grow Power Development Agreement

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Engie and Mitsubishi Heavy Industries Ltd. signed a memorandum of understanding to develop their collaboration along the energy value chain and technology.
The agreement covers the advancement of nuclear-related business, developing highly efficient gas turbines, optimizing conventional power plants and their auxiliary and integrated facilities, renewable energy technologies, distributed generation and increasing energy efficiency and reducing carbon dioxide emissions.
“The ongoing systemic change of the energy sector and the need to drastically reduce greenhouse gases emissions call for shorter innovation cycles and a holistic view of the energy value chain,” said Shunichi Miyanaga, president and CEO of Mitsubishi Heavy Industries Ltd. “I’m convinced that closer cooperation between technology suppliers and utilities - as reflected in this MOU - will contribute to shorter times to market and a better response to the customer needs while using the energy resources with maximum efficiency.”
Engie and MHI currently cooperate in various fields of power plants and technologies.

 Engie, MHI Grow Power Development Agreement

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