PW Power Systems Will Now Be Mitsubishi Power Aero, Signifying Greater Integration of the Companies – MENAFN.COM

  • Date: 05-Apr-2021
  • Source: MENAFN
  • Sector:Economy
  • Country:Gulf
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PW Power Systems Will Now Be Mitsubishi Power Aero, Signifying Greater Integration of the Companies – MENAFN.COM

Lake Mary, Fla: Today, PW Power Systems officially changed its name to Mitsubishi Power Aero. Adopting the Mitsubishi Power brand is part of a larger effort to apply synergies that will benefit aero-derivative gas turbine customers. The strength of the aero-derivative product and services portfolio will be enhanced by further leveraging the resources and technologies of Mitsubishi Power Aero's parent company. 'We are utilizing Mitsubishi Power supply chain assets around the world to support new equipment manufacturing as well as aftermarket services,' said Mitsubishi Power Aero President and CEO Raul Pereda. 'Our Engineering teams are collaborating to make our gas turbines more competitive, including applications with hydrogen fuel, remote monitoring, and TOMONITM artificial intelligence. The financial resources of the broader group also allow us to offer more flexible commercial solutions to our customers. We are eager to collaborate with our customers to deliver power when the world needs it most.' As electrification expands and the demand for reliable energy grows globally, the role of aero-derivative on-demand power has become even more critical. The socioeconomic cost of power shortages is significant and rising, and power system complexity is increasing due to factors such as rapid expansion of renewables, extreme weather events,