Mitsubishi Heavy Industries to invest $618M+ to double gas turbine production by 2030 on AI data center demand
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Staff Writer
Summary
Mitsubishi Heavy Industries plans to invest over $618 million to double its large gas turbine production capacity by fiscal 2030 compared to 2024 levels. The expansion is driven by surging demand for gas-fired power plants, particularly in the U.S., as data centers proliferate due to the spread of artificial intelligence.
Source
bskyMitsubishi Heavy Industries to invest $618M+ to double gas turbine production by 2030 on AI data center demandasia.nikkei.comKey quotes
· 1 pulledMitsubishi Heavy Industries plans to double its production capacity for large gas turbines by fiscal 2030 compared with 2024 levels, as the spread of data centers has led to a wave of gas-fired power plant construction, particularly in the U.S.
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