Mitsubishi News

European Commission Approves Vestas, Mitsubishi Offshore Wind Deal

Nov 27, 2020

The European Commission has granted its approval for wind turbine maker Vestas to acquire Mitsubishi Heavy Industries' shares in their offshore wind joint venture MHI Vestas Offshore Wind.The agreement, which will also see MHI acquire 2.5 percent…

Vestas Buys Out Mitsubishi From Offshore Wind JV in Deal Valued EUR 709M

Oct 29, 2020

Wind turbine maker Vestas will acquire Mitshubishi Heavy Industries' shares in their joint venture MHI Vestas Offshore Wind joint venture, against MHI acquiring 2.5 percent in Vestas and being nominated to a seat in Vestas’ Board of Directors…

Sakhalin Energy Extends Charter for Polar Piltun Crew Boat

Sep 14, 2020

Russian energy company Sakhalin Energy has extended the charter for the Polar Piltun crew boat with a GC Rieber Shipping Russian affiliate.As previously reported, GC Rieber in January said that Sakhalin Energy had awarded it contract extension…

Mitsubishi Heavy, CIP JV to Develop Offshore Wind Farms in Hokkaido, Japan

Jul 31, 2020

Mitsubishi Heavy Industries (MHI) and Copenhagen Infrastructure Partners (CIP) have entered into a 50-50 joint venture regarding the development of offshore wind projects in Hokkaido, Japan.'The partners have high ambitions to be significant…

MHI Vestas Offshore Wind to Source Switchgear in Taiwan

Jun 23, 2020

Offshore wind turbine maker MHI Vestas Offshore Wind will source high voltage switchgear from within Taiwan, in support of offshore wind projects the company will be supplying wind turbines for.MHI Vestas Offshore Wind said Tuesday it had finalized…

Russia Extends Sakhalin Energy Oil and Gas Licenses for 5 Years

Jun 18, 2020

Sakhalin Energy, the international operator of a pioneering liquefied natural gas (LNG) plant in eastern Russia, said on Thursday authorities have extended its oil and gas production licences, which were due to expire in 2021, for five years…

Walney Extension Sells Transmission Assets

Jun 02, 2020

Walney Extension Limited, a joint venture owned by Ørsted (50%), PKA (25%) and PFA (25%), and the operator of the Walney Extension offshore wind farm in the UK, has signed an agreement for the sale of its transmission assets to Diamond Transmission Partners Walney Extension…

MHI Vestas Eyes Further Asia Pacific Growth. Appoints Regional Manager

Apr 09, 2020

Offshore wind turbine specialist MHI Vestas has appointed Masato Yamada as Regional Manager Asia Pacific to facilitate broader growth across the region.The company, a joint venture between Denmark's Vestas and Japan's Mitsubishi Heavy Industries…

Ofgem Selects Hornsea One OFTO

Feb 20, 2020

UK energy regulator, the Office of Gas and Electricity Markets (Ofgem), has selected Diamond Transmission Partners as the preferred bidder for the offshore transmission of the 1200MW Hornsea Project One wind farm in the UK.Diamond Transmission…

EU Clears OLT Takeover by SNAM and FSI

Feb 18, 2020

The European Commission has approved the acquisition of OLT Offshore LNG Toscana by SNAM and the UK’s First State Investments International (FSI), under the EU merger regulation.According to the Commission, OLT is active in the management of…

Mitsubishi Beats Shell to Buy Eneco

Nov 25, 2019

A group led by Japan's Mitsubishi Corp will buy Eneco in a deal valuing the Dutch energy firm at 4.1 billion euros ($4.52 billion), Eneco said on Monday, beating off rival bids from Shell and private equity firm KKR.Eneco, a company owned by…

Japanese Partners Buy into Sepetiba FPSO

Dec 13, 2019

Mitsubishi Corporation (MC) and Nippon Yusen Kabushiki Kaisha (NYK) have purchased minority interests in the lease and operation of a newbuild floating production, storage and offloading unity (FPSO) from majority owner SBM Offshore. FPSO Sepetiba…

MHI Vestas Selected for 220 MW Japanese OWF

Nov 26, 2019

Japanese offshore wind power player Hibiki Wind Energy has selected the Danish manufacturer of offshore wind turbine MHI Vestas Offshore Wind as preferred wind turbine supplier for the 220 MW Hibikinada Offshore Wind Farm (OWF).Hibikinada is the first awarded…

Deutsche Bucht Nears Completion

Aug 30, 2019

Northland Power has completed installation of 31 MHI Vestas turbines on the monopile foundations for the 269MW Deutsche Bucht offshore wind farm in the German North Sea.MHI Vestas Offshore Wind said that the 31 wind turbines were installed on…

MHI Vestas Turbine Debut at Deutsche Bucht

Jun 06, 2019

Installation is underway at Northland Power’s Deutsche Bucht offshore wind farm as MHI Vestas and other installation partners have successfully installed the first of 33 wind turbines.Deutsche Bucht, located 95 km northwest of the island of Borkum in the German North Sea…

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