Mitsubishi HC Capital acquires 20% stake in European Energy A/S
Mitsubishi HC Capital, a Japanese investment firm, has become the second-largest shareholder in Danish renewable energy developer European Energy A/S by acquiring the equivalent of 75 million shares. Knud Erik Andersen, the CEO of European Energy, says the transaction more than triples the company’s equity.
Mitsubishi to supply 150 MW/600 MWh storage for US solar projects
Mitsubishi Power Americas will supply batteries for the development of three battery energy storage systems in the southeast US. The three hybrid projects are being developed by Origis Energy as part of 1.5 GW of operational and contracted assets in the region.
Mitsubishi unveils air source heat pump
Mitsubishi has released a cascaded air source heat pump that can produce between 7.8 kW and 640 kW of heat. It is reportedly able to generate hot water at a temperature of up to 70 C without boost heaters.
The mobility rEVolution: Nissan, Mitsubishi launch mini EVs for Japan
In other news, Tesla expands Supercharger access for other EV brands in Europe, Hong Kong gets its first universal ultra-rapid charging station, and BMW invests in Canadian company Mangrove to back sustainable lithium metal production.
The Hydrogen Stream: Australia approves $150 million hydrogen promotion program, Mitsubishi developing ammonia combustion burner in Japan
In other news, Oil India is setting up a 100 kW green hydrogen production facility in Assam, while the German government is providing €60 million for a project aimed at preparing electrolyzer technologies for industrial production at gigawatt scale.
Mitsubishi commissions 45 MW of solar for convenience stores
Thousands of Lawson shops will be powered by solar farms developed by West Holdings Corp with Mitsubishi stating the clean power will start flowing in April.
Finance for 49 mini-grids in Sierra Leone and Uganda
Winch Energy has announced the project, which it hopes will be a significant bridgehead towards building $100 million worth of off-grid systems within two years, alongside Franco-Japanese partner Neot Offgrid Africa.
Mitsubishi and Japanese university offer peer-to-peer trading alternative to FIT payments
Blockchain systems are being tested as a means of offering solar households revenue for excess power they generate, now the FIT program has ceased.
Testing floating PV, storage and hydrogen at Netherlands’ largest off-shore wind complex
Energy companies Shell and Eneco have secured the tender to build the 759 MW wind power plant. The partners will build a pilot solar park, short-term storage capacity and a green hydrogen plant at the facility, to assess their capabilities of balancing intermittent power.
Indonesia plans domestic electric vehicle industry
A presidential decree has enacted a range of incentives for e-mobility roll-out with domestic content requirements increasing over time.
