- Mitsubishi Power will also adopt new corporate brand logo
- Company has changed its name following the transfer of all stock held by Hitachi, Ltd. to Mitsubishi Heavy Industries, Ltd
Mitsubishi Hitachi Power Systems, Ltd. (MHPS), a part of Mitsubishi Heavy Industries (MHI) Group, announced its new company name, Mitsubishi Power, and will also adopt a new corporate brand logo. Under its new name, Mitsubishi Power will work to enhance its reputation around the world as one of the companies enabling the decarbonization of electric power.
Mitsubishi Power, as one of the core subsidiaries of MHI Group, offers cutting-edge technologies and energy solutions for the power industry, supporting affordable and reliable power supplies in regions throughout the world. Further, by providing new technologies to reduce and eliminate CO2 emissions at the point of power generation and storage, Mitsubishi Power is a key participant in creating a decarbonized economy and helping to resolve the challenges facing the global society.
The company has been planning to change its name following the transfer of all stock held by Hitachi, Ltd. to Mitsubishi Heavy Industries, Ltd. Mitsubishi Power will begin operating under the new name once it receives approvals from antitrust authorities in several countries, and necessary procedures for the stock transfer have been completed.