Another endorsement for the theory that on-prem power generation trumps tapping the grid
Mitsubishi Heavy Industries – Earth's largest source of electricity-generating gas turbines – has tied its future growth to surging demand for datacenters spurred by adoption of AI and new semiconductor plants.MHI's last strategic plan identified datacenters as an"important megatrend" that warranted preparation for commercializing products. The new plan calls for the biz to"fully enter" the datacenter market.
CEO Seihi Izumisawa told reporters that MHI will aim both to maintain and increase its lead across the gas turbine market.Datacenters looking to renewables, nuclear, and gas, in quest for more power Hydrogen was also identified in the last mid-term plan as a"future growth area" and MHI sees demand for hydrogen and ammonia combustion continuing to ramp up over the next few years.
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