A consortium of Mitsubishi Corporation and Chubu Electric Power completed the acquisition of all shares of Dutch energy company Eneco from its 44 municipal shareholders, with regulatory approvals from Dutch, Belgian, German and EU authorities.
ABB received a significant order for two blocks of frequency converter systems for the Higashi Shimizu project from Chubu Electric Power Co., placed through the Hitachi-ABB HVDC joint venture. The project will reinforce the connection between Japan's 50 Hz and 60 Hz networks.
Mitsubishi Heavy Industries Thermal Systems and Chubu Electric Power jointly developed the 'Q-ton Circulation' industrial heat pump, which uses low-GWP refrigerant R454C for the first time in Japan. It will be released from August 2018.