The past week has marked several significant developments in the offshore wind segment. GE Renewable Energy snagged a key agreement for the third 1.2-GW phase of the 3.6-GW Dogger Bank…

Flagship power plant and equipment firm Mitsubishi Hitachi Power Systems (MHPS) plans to change its name to “Mitsubishi Power” once it receives approval from antitrust authorities in several countries. The…

Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has begun commissioning T-Point 2, its newest combined cycle power plant validation facility that will eventually host the company’s much-watched autonomous combined cycle power project.…

Siemens Buys Out Iberdrola, Readying to Spin Off Gas and Power and SGRE Businesses. Siemens AG will acquire Spanish renewables giant Iberdrola SA’s full 8.1% stake in Siemens Gamesa Renewable…

by Sonal Patel

Japanese technology conglomerate Hitachi will withdraw from Mitsubishi Hitachi Power Systems (MHPS), a joint venture it established in 2014 with another power equipment giant, Mitsubishi Heavy Industries (MHI), over a…