On March 28, Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has signed a Technology License Agreement (TLA) under which it will license production technology for its H-25 Series gas turbines to CSIC Longjiang GH Gas Turbine Co., Ltd. (GHGT), a Chinese company headquartered in Harbin that undertakes development, engineering, and manufacturing of gas turbines.
The newly concluded TLA is targeted at enhancing the company’s competitive position by establishing a nimble local supply system, as a way of expanding MHPS’ share in the Chinese market.
MHPS provides total solutions through its full range of products for use in thermal power plants: from high-efficiency, large-capacity power generation systems to energy-saving industrial systems incorporating small-capacity gas turbines. Going forward, the company will continue to actively market its products in the large-scale power supply market and will continue to promote its energy-saving H-25 Series and other gas turbines in the industrial and distributed power markets. In doing so, the company will respond to diverse user needs as a way of contributing to economic development and reducing the carbon footprint in nations and regions worldwide.