Mitsubishi Power Emerges as 2020 Market Share Leader in the Middle East for Large Frame Heavy Duty Gas Turbines
• Mitsubishi Power secured the number one position according to McCoy Power Reports.
DUBAI, UNITED ARAB EMIRATES (14 March 2021) – Mitsubishi Power has secured the number one market share position in the Middle East in 2020 for 100MW and above heavy-duty gas turbines, according to McCoy Power Reports – the premier reporting agency in the power generation equipment market.
“Mitsubishi Power continues to lead the market share for heavy duty gas turbines in the Americas, and today we are proud to have claimed the title of the leading OEM in the Middle East with 52 percent market share of large frame heavy duty gas turbines in 2020. Customers in the region opting for our gas turbines is a testament to our ongoing efforts to provide high quality and efficient solutions, that contribute to the stable supply of power across markets,” said Khalid Salem, President, Mitsubishi Power Middle East and North Africa.
In August last year, the company was commissioned to supply three JAC gas turbine generators to be used in the 2,400-megawatt (MW) combined cycle (GTCC) plant being built in Fujairah, UAE. Full commercial operation of the plant is scheduled to begin in 2023, making it the largest natural gas fired GTCC facility in the country.
“The UAE government’s energy diversification strategy is designed to move the nation towards a more efficient, lower cost, and low-carbon energy. Supplying Mitsubishi Power’s most advanced gas turbines, which as part of this project will power an extensive proportion of UAE households, demonstrates our commitment to support the country’s energy transformation ambition. As a company that has contributed significantly to the development of the energy infrastructure in the MENA region for more than 55 years, Mitsubishi Power is committed to creating a more sustainable future for people and our planet”, Salem added.
Mitsubishi Power’s J-Series gas turbines continue to lead the market with their unrivaled combination of efficiency greater than 64 percent and world-class reliability of 99.6 percent. The J-Class fleet has surpassed 1.2 million hours of commercial operation worldwide. Mitsubishi Power gas turbines are also capable of operating on a mixture of up to 30 percent hydrogen and 70 percent natural gas, which can be increased to 100 percent hydrogen in the future.
As one of the core subsidiaries of MHI Group, the company offers cutting-edge technologies and energy solutions for the power industry, supporting affordable and reliable power supply across the globe. Mitsubishi Power has fast-growing operations across 12 countries in the Middle East including the UAE, Saudi Arabia, Egypt, Kuwait, Lebanon, Jordan, Syria, Iraq, and Oman.