[ exact phrase in "" • ~10 sec • results by date ]

[ Google-powered • results by relevance ]

LOCATION/TYPE

News Home
Archive
RSS

Subscribe to RSS feed

Add NWW headlines to your site (click here)

Sign up for daily updates

Keep Wind Watch online and independent!

Selected Documents

All Documents

Research Links

Alerts

Press Releases

FAQs

Publications & Products

Photos & Graphics

Videos

Allied Groups

Mitsubishi, GE to tie up on wind, nuclear power  

Japan’s Mitsubishi Heavy Industries plans to work with US conglomerate General Electric on nuclear and wind power generation ventures, a newspaper said on Saturday.

Under the plan, the two firms will jointly bid for a $300-million project to boost capacity by 20 per cent at the 1.36-million-kilowatt Laguna Verde nuclear plant in Mexico, the Nihon Keizai Shimbun reported.

If their bid is accepted, General Electric intends to supply peripheral reactor equipment while Mitsubishi Heavy will supply steam turbines, the business daily said.

General Electric has already agreed to work with Mitsubishi’s rival Hitachi on nuclear power projects amid growing interest worldwide in nuclear energy, particularly in the United States.

Mitsubishi Heavy also plans to supply General Electric with step-up gears, a key wind turbine component, as early as 2008 in a bid to lower production costs and increase its market share in the wind power industry, the daily said.

General Electric holds the number two spot in the global wind power industry, while Mitsubishi Heavy ranks about tenth.

indiatimes.com

This article is the work of the source indicated. Any opinions expressed in it are not necessarily those of National Wind Watch.

Wind Watch relies entirely
on User Funding
Donate $5 PayPal Donate

Share:


News Watch Home

Get the Facts Follow Wind Watch on Twitter

Wind Watch on Facebook

Share

CONTACT DONATE PRIVACY ABOUT SEARCH
© National Wind Watch, Inc.
Use of copyrighted material adheres to Fair Use.
"Wind Watch" is a registered trademark.
Share

Wind Watch on Facebook

Follow Wind Watch on Twitter