Wednesday, 27 May 2020
BUSINESS
20/05/2020 12:13 PM

KUALA LUMPUR, May 20 -- Mitsubishi Hitachi Power Systems (MHPS) ranks first in market share by megawatts for gas turbine orders this year, according to data obtained from McCoy Power Reports. 

First quarter global orders of 2,638 MW brought MHPS’ market share to 28.5 per cent globally. This increase in gas turbine market share was largely responsible for worldwide order booking increasing 19.7 per cent during MHPS’ fiscal year ending March 31.

According to a statement, boosting MHPS’ first quarter 2020 market share was an order for the first two renewable-hydrogen-capable JAC gas turbines for the Intermountain Power Agency in Delta, Utah.

A total of 45 J-Series gas turbines are in commercial operation, and total ordered capacity exceeds 25 GW globally while 104 units have been technically selected in Brazil, Canada, Japan, Mexico, Peru, South Korea, Taiwan, Thailand and the United States.

The FT4000 aero-derivative gas turbine, with multiple active projects in North America and internationally, has tripled its global footprint in the past two years and captured significant market share in its class since the purchase of PW Power Systems (PWPS) in 2013.

The PWPS FT4000 first entered commercial operation in 2015 and delivers industry-leading simple cycle efficiency, start time and ramp rate.

MHPS’ J-Series gas turbines first entered commercial operation in 2011 and hold world-record reliability at 99.5 per cent.

-- BERNAMA

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