Mitsubishi Power Reinforces Commitment to Saudi Arabia’s Sustainable Energy Future at IKTVA Forum Saudi Aramco 2025 By Investing.com

Dhahran, Saudi Arabia, January 16, 2025 – (JCN Newswire) – – Mitsubishi Power, an energy solutions brand Mitsubishi Heavy Industries, Ltd. (TYO:) (MHI), emphasized his commitment Kingdom (TADAWUL:) of Saudi Arabia on Saudi Aramco (TADAWUL:) In the Kingdom In total (EPA:) Value Add (IKTVA) Forum, which is being held under the patronage of His Royal Highness Prince Saud bin Nayef bin Abdulaziz Al Saud this week in Dammam at the Dhahran Expo.

As a platinum sponsor of the 2025 edition of IKTVA, Mitsubishi Power represents its progress in power generation technology innovation, localization and sustainability in the Kingdom, in line with Saudi Vision 2030.

This comes as Mitsubishi Power has significantly increased its presence in the Kingdom this year with the recent order it received for its state-of-the-art M501JAC combined cycle (CCGT) hydrogen-ready power generation solutions for a new 475 MW industrial steam and power plant located at the Saudi Aramco Total Refining and Petrochemical Company (SATORP) strategic petrochemical complex SATORP in Jubail, in the Eastern Province of Saudi Arabia, which is expected to that it will house one of the largest mixed load steam crackers in the Gulf region.

Commenting on the occasion, Adel Al-Juraid, Chief Executive Officer of Mitsubishi Power Saudi Arabia, noted: “Mitsubishi Power is honored to bring our leading and best-in-class Japanese technology solutions and services to the Kingdom, the strength of its bold and ambitious vision and economic goals for its people is moving rapidly forward to establish itself as a vital sustainable energy hub for the world and we will stand by it, building on our long and successful heritage in the country to support its electricity needs energy As the demand for electricity grows exponentially, we will continue to deliver our reliable, high-efficiency and clean technology solutions that deliver uninterrupted energy to utilities and industry, while reducing emissions to meet our shared climate goals.”

In line with Saudi Aramco and the Kingdom of Saudi Arabia’s increasing focus on localization, Mitsubishi Power’s heavy-duty gas turbine will be assembled in the Kingdom at Mitsubishi Power Saudi Arabia’s assembly facility in Dammam. One of the world’s leading gas turbines for reliability, with a combined efficiency rate of more than 64%, Mitsubishi Power’s JAC gas turbines are equipped to blend hydrogen with , ensuring a stable supply of low-carbon energy and supporting Saudi Arabia’s industrial growth, sustainability goals and stringent standards efficiency imposed by the Saudi Center for Energy Efficiency.

As part of Mitsubishi Power’s Saudi National Program, which provides Saudi talent with rewarding careers with the company, more than 50% of Mitsubishi Power’s employees in Saudi Arabia are Saudi nationals, both male and female. They benefit from advanced technical skills for the energy sector, which they acquire through on-the-job training and knowledge exchange programs in Saudi Arabia and Japan.

Adel Al-Juraid added: “We at Mitsubishi Power are proud to contribute to the Saudi Vision 2030 by harnessing the talent of young Saudis, men and women, and empowering them with the skills that will shape them into the leaders of Saudi Arabia’s energy industry in the future. With the localization of our assembly operations in Kingdom for our state-of-the-art gas turbines globally, this year marks a new chapter in our 60-year partnership journey with the Kingdom and we are committed to continuing our support throughout the next six decades towards a clean and sustainable energy future for the Kingdom.

Mitsubishi Power’s cutting-edge energy and digital solutions that reflect the company’s leadership in advanced technologies, including hydrogen gas turbines, which provide cleaner and more efficient energy systems, were on display at the Mitsubishi Power booth P108 at IKTVA, located in the central atrium between Halls 5 and 6.

Visitors were able to see the company’s innovations that align with Saudi Vision 2030’s sustainability, industrial growth and localization goals and the Saudi Green Initiative’s goal of achieving net zero greenhouse gas emissions through a circular carbon economy, while addressing the challenges of increasing energy demand from sectors such as artificial intelligence, data centers and production.

With a rich heritage in Saudi Arabia spanning over fifty years, Mitsubishi Power works with key energy stakeholders including the Ministry of Energy, Saudi Aramco, Saudi Company (SEC) and Saline Water Conversion Corporation (SWCC). The company began operations in Saudi Arabia with its first supply of boilers to Aramco in Abqaiq in the 1960s and has since been active in energy projects with major utility and industrial companies in the Kingdom.

For more information about Mitsubishi Power and its innovations in the energy sector, visit: https://power.mhi.com/regions/mena/

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