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Mitsubishi Power Americas

Full company profile

uuid0008469

Namestring
Mitsubishi Power Americas
Legal namestring
Mitsubishi Heavy Industries, Ltd.
Websiteurl
power.mhi.com
Company typeenum
Private
Founded yearint
2014
Descriptiontext

Mitsubishi Power Americas is the Americas regional operating entity of Mitsubishi Power, the power solutions brand and wholly-owned subsidiary of Mitsubishi Heavy Industries, Ltd. (TSE: 7011). The company designs, manufactures, sells, and services large-scale power generation equipment, with a portfolio centered on the JAC Series gas turbines (M501JAC 60 Hz and M701JAC 50 Hz) that achieve over 64% combined cycle efficiency and hydrogen-ready operation. The product surface extends to GTCC and steam power plants, IGCC coal gasification systems, geothermal and aero-derivative turbines, boilers, generators, Air Quality Control Systems (AQCS), SOFC fuel cells, the DIASYS control platform, additive manufacturing (AM-Zone), and the TOMONI digital platform with its TOMONI HUB remote monitoring center in Orlando.

The business model combines one-time capital equipment sales (turbines, complete plant systems, EPC turnkey construction), recurring Long Term Service Agreements (LTSA) covering maintenance, parts, and uptime guarantees, and subscription-based digital services via TOMONI. Customers are predominantly large electric utilities (Georgia Power, PowerSouth Energy Cooperative, PacificLight Power, Taiwan Power), independent power producers, oil & gas and petrochemical operators (ANRPC in Egypt), and industrial manufacturers; a growing demand vector serves hyperscale and AI data center operators through dedicated power infrastructure deals (e.g., Tallgrass Cheyenne Power Hub). Headquartered in Houston with R&D in Albuquerque and remote monitoring operations in Orlando, the entity operates as part of MHI's broader power solutions presence spanning Asia Pacific, EMEA, and MENA, and held the #1 global gas turbine market share per the McCoy Power Report in both 2022 and 2023. Strategic positioning emphasizes hydrogen co-firing and conversion capability (validated at 50% blend with Georgia Power and commercially deployed in Egypt), battery energy storage through the Prevalon Energy joint venture, and decarbonization partnerships such as the ACES Delta hydrogen hub with Chevron New Energies.

Short descriptiontext

Mitsubishi Power Americas designs, manufactures, and services large-scale gas turbine, combined-cycle, and hydrogen-ready power generation equipment, plus battery energy storage through its Prevalon Energy JV, for utilities, data center operators, and industrial customers across the Americas as the regional entity of Mitsubishi Power (Mitsubishi Heavy Industries subsidiary).

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersLake Mary, United States
HQ citystring
Lake Mary
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
gas turbine manufacturing, power generation systems, energy storage solutions, hydrogen-ready turbines, power plant services
Industry3 codes
1Gas Turbines (Industrial & Utility-Scale)
CodeIMAHAFAAPrimaryYes
2Gas-Fired Power Plant O&M and Life-Extension/Repowering Services
CodeEUACABAJPrimaryNo
3Gas-Fired Steam Turbine (Boiler-Fired) Generation
CodeEUACABAFPrimaryNo
NAICS code2 codes
  • Turbine and Turbine Generator Set Units Manufacturing333611
  • Engine, Turbine, and Power Transmission Equipment Manufacturing3336
SIC code2 codes
  • Engines & Turbines3510
  • Motors & Generators3621
Product category
Power Generation Equipment
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Power Generation Equipment Sales
TypeHardware Sales
Description

Sale of gas turbines, steam turbines, generators, boilers, and complete power plant systems to utilities and industrial customers

power.mhi.com
2Long Term Service Agreements (LTSA)
TypeSubscription Recurring
Description

Ongoing maintenance, parts, repairs and services contracts for power generation equipment ensuring high availability and sustained reliability

power.mhi.com
3Engineering and Construction Services
TypeProfessional Services
Description

Turnkey EPC contracts for power plant construction including design, engineering, procurement and construction services

power.mhi.com
4Digital Solutions (TOMONI)
TypeSubscription Recurring
Description

Intelligent digital solutions for power plant optimization including remote monitoring, analytics and performance improvement services

power.mhi.com
Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Core offering1 text field

Mitsubishi Power Americas designs, manufactures, and services large-scale power generation equipment, with a core focus on advanced JAC Series gas turbines (M501JAC and M701JAC) and Gas Turbine Combined Cycle (GTCC) power plants for utilities, data centers, and industrial operators. The company complements its hardware portfolio with Long Term Service Agreements (LTSA), engineering and construction services, the TOMONI digital/AI plant optimization platform, and hydrogen fuel conversion solutions for decarbonization.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 22% reduction in CO2 emissions with 50% hydrogen blend compared to 100% natural gas
+3 more records
Product overview1 text field

Mitsubishi Power Americas offers a comprehensive portfolio of power generation products and solutions as part of Mitsubishi Heavy Industries. The portfolio centers on highly efficient JAC Series gas turbines (M501JAC and M701JAC) as core components for Gas Turbine Combined Cycle (GTCC) power plants, complemented by steam power plants, boilers, generators, and control systems. The product line includes aero-derivative gas turbines, geothermal systems, fuel cells (SOFC), and Air Quality Control Systems (AQCS) for environmental compliance. The TOMONI intelligent solutions platform provides AI-powered analytics and remote monitoring across the installed base. Comprehensive services include Long Term Service Agreements (LTSA), maintenance, training, and additive manufacturing capabilities. Hydrogen solutions enable fuel conversion for decarbonization, with turbines rated for up to 100% hydrogen operation.

Product and service13 records
1JAC Series Gas Turbines
CategoryGas Turbines
Description

World-class, highly efficient heavy-duty gas turbines including the M501JAC (60 Hz) and M701JAC (50 Hz) series with hydrogen-readiness and combined cycle efficiency above 64%, designed for utility-scale power generation.

2GTCC (Gas Turbine Combined Cycle) Power Plants
CategoryCombined Cycle Power Plants
Description

Integrated power plant systems that combine gas and steam turbines for high-efficiency electricity generation, using JAC turbines as core components.

3Steam Power Plants
CategorySteam Power Generation
Description

Conventional steam power generation systems including ultra-supercritical pressure boilers for coal and natural gas applications.

4IGCC (Integrated Coal Gasification Combined Cycle) Power Plants
CategoryCoal Gasification Power
Description

Advanced coal gasification technology combined with gas and steam turbines for efficient power generation with improved environmental performance.

5Geothermal Power Plants
CategoryRenewable Power Generation
Description

Power generation systems utilizing geothermal energy sources for sustainable baseload electricity production.

6Aero-derivative Gas Turbines
CategoryGas Turbines
Description

High-efficiency gas turbines derived from aircraft engine technology, applied to power generation and mechanical drive applications.

7Steam Turbines
CategorySteam Turbines
Description

Steam turbine generators available in multiple capacities and configurations for various power plant applications.

8Boilers
CategoryBoilers
Description

Industrial boilers including ultra-supercritical pressure boilers, heat recovery steam generators (HRSG), and specialized boilers for various fuel types.

9Air Quality Control Systems (AQCS)
CategoryEmissions Control
Description

Environmental control systems including flue gas desulfurization (FGD), selective catalytic reduction (SCR), and electrostatic precipitators for emissions compliance at power plants.

10Generators
CategoryGenerators
Description

Power generators for thermal power plants, manufactured by Mitsubishi Generator Co., Ltd., integrated with gas and steam turbine systems.

11Control Systems (DIASYS)
CategoryPlant Control Systems
Description

Comprehensive control and monitoring systems for power plant operations, including DIASYS Netmation for integrated plant control and optimization.

12Fuel Cells (SOFC)
CategoryFuel Cell Power
Description

Solid Oxide Fuel Cell (SOFC) systems for high-efficiency power generation with low emissions, including the MEGAMIE integrated SOFC and gas turbine system.

13Long Term Service Agreement (LTSA)
CategoryService Agreements
Description

Comprehensive multi-year maintenance, parts, and service contracts for gas turbines, steam turbines, boilers, and other power generation equipment, ensuring high availability and reliability.

Scale indicator6 records

Each record includes

Type, Value, Description, Source

Partnership6 partners
Strategic tierMajorTypeTechnology or IntegrationAnnounced on2026-06-15
Description

AESC signed supply agreement to provide battery cells and modules for over 10 GWh of Prevalon's BESS projects, supporting utility-scale storage and data center power infrastructure. AESC has delivered more than 100 GWh across 400+ projects in 20+ countries.

Strategic tierMajorTypeChannel Partner/ Reseller/ DistributorAnnounced on2026-06-03
Description

Supply of M501JAC gas turbine for Lowman Energy Center expansion in Alabama, increasing plant capacity to over 1 GW. Burns & McDonnell providing EPC services for the project.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-05-28
Description

Prevalon Energy is a joint venture between Mitsubishi Power Americas and EES, specializing in battery energy storage systems with over 6 GWh deployed globally and 1.3 GW of firm supply contracts supporting AI data center infrastructure. The joint venture is being acquired by Nextpower.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2026-05-15
Description

Tallgrass and Mitsubishi Power Americas announced turbine allocation for the Cheyenne Power Hub project in Wyoming, featuring M501JAC gas turbines providing approximately 1,150 MW of power for data center applications with over $7 billion investment.

Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-15
Description

Joint development of the ACES Delta hydrogen storage hub in Utah, one of the world's largest hydrogen storage initiatives, featuring 220-MW electrolysis system producing up to 100 tons of green hydrogen per day stored in salt caverns.

Strategic tierMajorTypeStrategic or Co-development PartnerAnnounced on2025-06-16
Description

Successful testing of 50% hydrogen fuel blend on M501GAC gas turbine at Plant McDonough-Atkinson in Georgia, marking first validation of this blend ratio on an advanced-class gas turbine globally and achieving 22% CO2 reduction.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeEmerging player
Description

IHI manufactures gas turbines and provides plant construction, operation, and maintenance services for utility-scale power projects. Competes with Mitsubishi Power in Japanese and select international markets, particularly in combined cycle and biomass power plant projects.

TypeEmerging player
Description

Wärtsilä provides engine-based power plants, energy storage solutions, and grid balancing services targeting utilities and industrial customers. Overlaps with Mitsubishi Power in flexible power generation and battery energy storage, particularly for grid stability and renewable integration use cases.

TypeDirect peer
Description

Solar Turbines, a Caterpillar subsidiary, manufactures industrial gas turbines for mechanical drive and power generation, serving oil and gas, utility, and industrial customers. Competes with Mitsubishi Power's aero-derivative gas turbines and industrial power generation offerings.

TypeDirect peer
Description

GE Vernova is the most direct peer, manufacturing large-frame gas turbines (HA-class), steam turbines, generators, and grid solutions for utilities and industrial customers. Competes head-to-head with Mitsubishi Power's JAC series in utility-scale combined cycle and data center power projects globally.

TypeDirect peer
Description

Siemens Energy manufactures SGT-9000HL gas turbines, steam turbines, and provides grid technologies and service agreements comparable to Mitsubishi Power's JAC GTCC and LTSA portfolio. Direct competitor in major utility procurements and hydrogen-ready turbine development.

TypeDirect peer
Description

Kawasaki Heavy Industries manufactures industrial gas turbines (L30A, M7A series), steam turbines, and aero-derivative turbines for power generation and mechanical drive. A fellow Japanese conglomerate and direct competitor to Mitsubishi Power in both gas turbines and broader power generation equipment.

TypeDirect peer
Description

MAN Energy Solutions manufactures large-bore gas and dual-fuel engines, turbochargers, and power plant solutions for utilities, IPPs, and industrial customers. Overlaps with Mitsubishi Power in industrial power generation and gas turbine/engine technology, particularly for cogeneration applications.

TypeEmerging player
Description

Cummins manufactures gas and diesel generator sets, BESS solutions, and microgrid controllers through its Power Generation segment. Overlaps with Mitsubishi Power's BESS offerings and serves similar industrial/data center customers requiring reliable on-site or backup power, though focused on smaller-scale reciprocating technology.

TypeDirect peer
Description

Ansaldo Energia designs and manufactures heavy-duty gas turbines (GT36 and AE94 series), steam turbines, and generators for utility and industrial power generation. Competes with Mitsubishi Power in the heavy-duty gas turbine segment, particularly in EMEA and Middle East markets.

TypeEmerging player
Description

Rolls-Royce's mtu division provides gas engine-based power generation, gas turbine solutions (through Bergen Engines), and microgrid solutions for utilities and industrial customers. Overlaps with Mitsubishi Power in industrial power generation and BESS/digital services for mission-critical applications.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat6 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature4 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles2 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Mitsubishi Power Americas

Power Generation Equipmentpower.mhi.com

Mitsubishi Power Americas designs, manufactures, and services large-scale gas turbine, combined-cycle, and hydrogen-ready power generation equipment, plus battery energy storage through its Prevalon Energy JV, for utilities, data center operators, and industrial customers across the Americas as the regional entity of Mitsubishi Power (Mitsubishi Heavy Industries subsidiary).

What Mitsubishi Power Americas does

Mitsubishi Power Americas is the Americas regional operating entity of Mitsubishi Power, the power solutions brand and wholly-owned subsidiary of Mitsubishi Heavy Industries, Ltd. (TSE: 7011). The company designs, manufactures, sells, and services large-scale power generation equipment, with a portfolio centered on the JAC Series gas turbines (M501JAC 60 Hz and M701JAC 50 Hz) that achieve over 64% combined cycle efficiency and hydrogen-ready operation. The product surface extends to GTCC and steam power plants, IGCC coal gasification systems, geothermal and aero-derivative turbines, boilers, generators, Air Quality Control Systems (AQCS), SOFC fuel cells, the DIASYS control platform, additive manufacturing (AM-Zone), and the TOMONI digital platform with its TOMONI HUB remote monitoring center in Orlando.

The business model combines one-time capital equipment sales (turbines, complete plant systems, EPC turnkey construction), recurring Long Term Service Agreements (LTSA) covering maintenance, parts, and uptime guarantees, and subscription-based digital services via TOMONI. Customers are predominantly large electric utilities (Georgia Power, PowerSouth Energy Cooperative, PacificLight Power, Taiwan Power), independent power producers, oil & gas and petrochemical operators (ANRPC in Egypt), and industrial manufacturers; a growing demand vector serves hyperscale and AI data center operators through dedicated power infrastructure deals (e.g., Tallgrass Cheyenne Power Hub). Headquartered in Houston with R&D in Albuquerque and remote monitoring operations in Orlando, the entity operates as part of MHI's broader power solutions presence spanning Asia Pacific, EMEA, and MENA, and held the #1 global gas turbine market share per the McCoy Power Report in both 2022 and 2023. Strategic positioning emphasizes hydrogen co-firing and conversion capability (validated at 50% blend with Georgia Power and commercially deployed in Egypt), battery energy storage through the Prevalon Energy joint venture, and decarbonization partnerships such as the ACES Delta hydrogen hub with Chevron New Energies.

Mitsubishi Power Americas firmographics

Firmographics
Name
Mitsubishi Power Americas
Legal name
Mitsubishi Heavy Industries, Ltd.
Website
https://power.mhi.com
Company type
Private
Founded year
2014
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Mitsubishi Power Americas designs, manufactures, and services large-scale gas turbine, combined-cycle, and hydrogen-ready power generation equipment, plus battery energy storage through its Prevalon Energy JV, for utilities, data center operators, and industrial customers across the Americas as the regional entity of Mitsubishi Power (Mitsubishi Heavy Industries subsidiary).
Ownership category
akta.pro rank

Mitsubishi Power Americas industry classification

Industry
Product category
Power Generation Equipment
NAICS
Turbine and Turbine Generator Set Units Manufacturing (333611), Engine, Turbine, and Power Transmission Equipment Manufacturing (3336)
SIC
Engines & Turbines (3510), Motors & Generators (3621)
akta.pro primary industry
Gas Turbines (Industrial & Utility-Scale) (IMAHAFAA)
akta.pro secondary industries
Gas-Fired Power Plant O&M and Life-Extension/Repowering Services (EUACABAJ), Gas-Fired Steam Turbine (Boiler-Fired) Generation (EUACABAF)

Keywords

  • Gas turbine manufacturing
  • Power generation systems
  • Energy storage solutions
  • Hydrogen-ready turbines
  • Power plant services

Where Mitsubishi Power Americas is headquartered

Location

Headquarters

HQ city
Lake Mary
HQ country
United States
HQ region
North America

Offices3 records

Markets served

Mitsubishi Power Americas business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

  1. Power Generation Equipment Sales: Sale of gas turbines, steam turbines, generators, boilers, and complete power plant systems to utilities and industrial customers
  2. Long Term Service Agreements (LTSA): Ongoing maintenance, parts, repairs and services contracts for power generation equipment ensuring high availability and sustained reliability
  3. Engineering and Construction Services: Turnkey EPC contracts for power plant construction including design, engineering, procurement and construction services
  4. Digital Solutions (TOMONI): Intelligent digital solutions for power plant optimization including remote monitoring, analytics and performance improvement services

Go-to-market motion1 record

Distribution channels1 record

Mitsubishi Power Americas product offering

Product offering

Core offering

Mitsubishi Power Americas designs, manufactures, and services large-scale power generation equipment, with a core focus on advanced JAC Series gas turbines (M501JAC and M701JAC) and Gas Turbine Combined Cycle (GTCC) power plants for utilities, data centers, and industrial operators. The company complements its hardware portfolio with Long Term Service Agreements (LTSA), engineering and construction services, the TOMONI digital/AI plant optimization platform, and hydrogen fuel conversion solutions for decarbonization.

Product overview

Mitsubishi Power Americas offers a comprehensive portfolio of power generation products and solutions as part of Mitsubishi Heavy Industries. The portfolio centers on highly efficient JAC Series gas turbines (M501JAC and M701JAC) as core components for Gas Turbine Combined Cycle (GTCC) power plants, complemented by steam power plants, boilers, generators, and control systems. The product line includes aero-derivative gas turbines, geothermal systems, fuel cells (SOFC), and Air Quality Control Systems (AQCS) for environmental compliance. The TOMONI intelligent solutions platform provides AI-powered analytics and remote monitoring across the installed base. Comprehensive services include Long Term Service Agreements (LTSA), maintenance, training, and additive manufacturing capabilities. Hydrogen solutions enable fuel conversion for decarbonization, with turbines rated for up to 100% hydrogen operation.

Differentiator

Problem solved

Functional benefit

Products and services

  • JAC Series Gas Turbines World-class, highly efficient heavy-duty gas turbines including the M501JAC (60 Hz) and M701JAC (50 Hz) series with hydrogen-readiness and combined cycle efficiency above 64%, designed for utility-scale power generation.
  • GTCC (Gas Turbine Combined Cycle) Power Plants Integrated power plant systems that combine gas and steam turbines for high-efficiency electricity generation, using JAC turbines as core components.
  • Steam Power Plants Conventional steam power generation systems including ultra-supercritical pressure boilers for coal and natural gas applications.
  • IGCC (Integrated Coal Gasification Combined Cycle) Power Plants Advanced coal gasification technology combined with gas and steam turbines for efficient power generation with improved environmental performance.
  • Geothermal Power Plants Power generation systems utilizing geothermal energy sources for sustainable baseload electricity production.
  • Aero-derivative Gas Turbines High-efficiency gas turbines derived from aircraft engine technology, applied to power generation and mechanical drive applications.
  • Steam Turbines Steam turbine generators available in multiple capacities and configurations for various power plant applications.
  • Boilers Industrial boilers including ultra-supercritical pressure boilers, heat recovery steam generators (HRSG), and specialized boilers for various fuel types.
  • Air Quality Control Systems (AQCS) Environmental control systems including flue gas desulfurization (FGD), selective catalytic reduction (SCR), and electrostatic precipitators for emissions compliance at power plants.
  • Generators Power generators for thermal power plants, manufactured by Mitsubishi Generator Co., Ltd., integrated with gas and steam turbine systems.
  • Control Systems (DIASYS) Comprehensive control and monitoring systems for power plant operations, including DIASYS Netmation for integrated plant control and optimization.
  • Fuel Cells (SOFC) Solid Oxide Fuel Cell (SOFC) systems for high-efficiency power generation with low emissions, including the MEGAMIE integrated SOFC and gas turbine system.
  • Long Term Service Agreement (LTSA) Comprehensive multi-year maintenance, parts, and service contracts for gas turbines, steam turbines, boilers, and other power generation equipment, ensuring high availability and reliability.

Quantifiable outcome

  • 22% reduction in CO2 emissions with 50% hydrogen blend compared to 100% natural gas
  • +3 more outcomes

Companies that use Mitsubishi Power Americas

Customer profile

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Mitsubishi Power Americas technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature4 records

Mitsubishi Power Americas partnerships and signals

Strategic signal

Partnerships

Six partnerships are on record, tiered major and core.

  • AESCmajorTechnology or Integration · 15 June 2026AESC signed supply agreement to provide battery cells and modules for over 10 GWh of Prevalon's BESS projects, supporting utility-scale storage and data center power infrastructure. AESC has delivered more than 100 GWh across 400+ projects in 20+ countries.
  • PowerSouth Energy CooperativemajorChannel Partner/ Reseller/ Distributor · 3 June 2026Supply of M501JAC gas turbine for Lowman Energy Center expansion in Alabama, increasing plant capacity to over 1 GW. Burns & McDonnell providing EPC services for the project.
  • Prevalon Energy (Joint Venture with EES)coreStrategic or Co-development Partner · 28 May 2026Prevalon Energy is a joint venture between Mitsubishi Power Americas and EES, specializing in battery energy storage systems with over 6 GWh deployed globally and 1.3 GW of firm supply contracts supporting AI data center infrastructure. The joint venture is being acquired by Nextpower.
  • TallgrassmajorStrategic or Co-development Partner · 15 May 2026Tallgrass and Mitsubishi Power Americas announced turbine allocation for the Cheyenne Power Hub project in Wyoming, featuring M501JAC gas turbines providing approximately 1,150 MW of power for data center applications with over $7 billion investment.
  • Chevron New EnergiescoreStrategic or Co-development Partner · 15 March 2026Joint development of the ACES Delta hydrogen storage hub in Utah, one of the world's largest hydrogen storage initiatives, featuring 220-MW electrolysis system producing up to 100 tons of green hydrogen per day stored in salt caverns.
  • Georgia PowermajorStrategic or Co-development Partner · 16 June 2025Successful testing of 50% hydrogen fuel blend on M501GAC gas turbine at Plant McDonough-Atkinson in Georgia, marking first validation of this blend ratio on an advanced-class gas turbine globally and achieving 22% CO2 reduction.

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Mitsubishi Power Americas competitors and assessment

Company assessment

Emerging players

  • IHI Corporation: IHI manufactures gas turbines and provides plant construction, operation, and maintenance services for utility-scale power projects. Competes with Mitsubishi Power in Japanese and select international markets, particularly in combined cycle and biomass power plant projects.
  • Wärtsilä: Wärtsilä provides engine-based power plants, energy storage solutions, and grid balancing services targeting utilities and industrial customers. Overlaps with Mitsubishi Power in flexible power generation and battery energy storage, particularly for grid stability and renewable integration use cases.
  • Cummins Inc. Cummins manufactures gas and diesel generator sets, BESS solutions, and microgrid controllers through its Power Generation segment. Overlaps with Mitsubishi Power's BESS offerings and serves similar industrial/data center customers requiring reliable on-site or backup power, though focused on smaller-scale reciprocating technology.
  • Rolls-Royce Power Systems (mtu): Rolls-Royce's mtu division provides gas engine-based power generation, gas turbine solutions (through Bergen Engines), and microgrid solutions for utilities and industrial customers. Overlaps with Mitsubishi Power in industrial power generation and BESS/digital services for mission-critical applications.

Direct peers

  • Solar Turbines (Caterpillar): Solar Turbines, a Caterpillar subsidiary, manufactures industrial gas turbines for mechanical drive and power generation, serving oil and gas, utility, and industrial customers. Competes with Mitsubishi Power's aero-derivative gas turbines and industrial power generation offerings.
  • GE Vernova: GE Vernova is the most direct peer, manufacturing large-frame gas turbines (HA-class), steam turbines, generators, and grid solutions for utilities and industrial customers. Competes head-to-head with Mitsubishi Power's JAC series in utility-scale combined cycle and data center power projects globally.
  • Siemens Energy: Siemens Energy manufactures SGT-9000HL gas turbines, steam turbines, and provides grid technologies and service agreements comparable to Mitsubishi Power's JAC GTCC and LTSA portfolio. Direct competitor in major utility procurements and hydrogen-ready turbine development.
  • Kawasaki Heavy Industries: Kawasaki Heavy Industries manufactures industrial gas turbines (L30A, M7A series), steam turbines, and aero-derivative turbines for power generation and mechanical drive. A fellow Japanese conglomerate and direct competitor to Mitsubishi Power in both gas turbines and broader power generation equipment.
  • MAN Energy Solutions: MAN Energy Solutions manufactures large-bore gas and dual-fuel engines, turbochargers, and power plant solutions for utilities, IPPs, and industrial customers. Overlaps with Mitsubishi Power in industrial power generation and gas turbine/engine technology, particularly for cogeneration applications.
  • Ansaldo Energia: Ansaldo Energia designs and manufactures heavy-duty gas turbines (GT36 and AE94 series), steam turbines, and generators for utility and industrial power generation. Competes with Mitsubishi Power in the heavy-duty gas turbine segment, particularly in EMEA and Middle East markets.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

Mitsubishi Power Americas social profiles

Digital presence

Mitsubishi Power Americas financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Mitsubishi Power Americas leadership team

Management profile

Number of profiles

Profiles2 records

Mitsubishi Power Americas subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Mitsubishi Power Americas funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Mitsubishi Power Americas M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Mitsubishi Power Americas

What does Mitsubishi Power Americas do?

Mitsubishi Power Americas designs, manufactures, and services large-scale power generation equipment, with a core focus on advanced JAC Series gas turbines (M501JAC and M701JAC) and Gas Turbine Combined Cycle (GTCC) power plants for utilities, data centers, and industrial operators. The company complements its hardware portfolio with Long Term Service Agreements (LTSA), engineering and construction services, the TOMONI digital/AI plant optimization platform, and hydrogen fuel conversion solutions for decarbonization.

Is Mitsubishi Power Americas a public or private company?

Mitsubishi Power Americas is a private company. It is classified as corporate owned and is currently operating.

When was Mitsubishi Power Americas founded?

Mitsubishi Power Americas was founded in 2014. It employs 1,001 to 5,000 people.

Where is Mitsubishi Power Americas based?

Mitsubishi Power Americas is headquartered in Lake Mary, United States, in the North America region.

How does Mitsubishi Power Americas make money?

Four revenue lines are on record. Power Generation Equipment Sales are the primary driver. The others are long Term Service Agreements (LTSA), engineering and Construction Services and digital Solutions (TOMONI).

Who are Mitsubishi Power Americas's main competitors?

Emerging players on record are IHI Corporation, Wärtsilä, Cummins Inc. and Rolls-Royce Power Systems (mtu). Direct peers are Solar Turbines (Caterpillar), GE Vernova, Siemens Energy, Kawasaki Heavy Industries, MAN Energy Solutions and Ansaldo Energia.

Does Mitsubishi Power Americas have an API?

No public API is recorded for Mitsubishi Power Americas.

What industry is Mitsubishi Power Americas in?

Mitsubishi Power Americas's product category is Power Generation Equipment. Its primary akta.pro industry code is IMAHAFAA, Gas Turbines (Industrial & Utility-Scale), with a secondary code of EUACABAJ, Gas-Fired Power Plant O&M and Life-Extension/Repowering Services. Its NAICS code is 333611 and its SIC code is 3510.

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YahooEntergy partners with MHI Group on road map to cut costs by 50%Entergy and Mitsubishi Heavy Industries (MHI) Group have signed a memorandum of understanding to develop a strategy for reducing costs by 50% through the deployment of carbon capture and storage (CCS) and gas turbine combined cycle (GTCC) technology at Entergy's power generation facilities. The agreement involves MHI Group companies Mitsubishi Heavy Industries America and Mitsubishi Power Americas, which will supply gas turbines and carbon capture technology, leveraging Entergy's proximity to the largest CO₂ pipeline network in the US. The partnership aims to deliver a standardised solution that improves project economics and supports broader adoption of CCS within the energy sector.FinancialContent Business PageEntergy and MHI Group Outline Collaborative Partnership Designed to Accelerate Commercialization and Affordability Around CCS SolutionsEntergy and Mitsubishi Heavy Industries (MHI) Group companies, including Mitsubishi Heavy Industries America and Mitsubishi Power Americas, have signed a memorandum of understanding to collaborate on integrated gas turbine combined cycle and carbon dioxide capture and storage solutions for decarbonizing power generation. The partnership aims to develop a near-term roadmap targeting a 50% reduction in overall CCS costs and positions both companies as early industry leaders in deploying and commercializing the technology. Entergy's operations benefit from proximity to the largest existing CO2 pipeline network in the United States and favorable subsurface geology for permanent underground carbon storage.Stock TitanEntergy, MHI MOU Aims for 50% CCS Cost ReductionEntergy and MHI Group companies, including Mitsubishi Heavy Industries America and Mitsubishi Power Americas, have signed a memorandum of understanding aimed at developing a roadmap for a 50% reduction in overall carbon capture and storage costs. The partnership leverages Entergy's proximity to the largest existing CO2 pipeline network in the United States and MHI Group's integrated GTCC turbine and carbon capture technology to advance commercialization of decarbonization solutions. The MOU positions both companies as early industry leaders in deploying integrated CCS technology with the goal of creating a repeatable model for affordable, sustainable energy deployment.AInvestNextPower - deal valued up to EUR 330 mln (USD 378 mln) subject to regulatory reviewNextPower has announced a definitive agreement to acquire Prevalon Energy, a joint venture between Mitsubishi Power Americas and EES, for total consideration of up to $365 million in cash and stock, subject to regulatory approvals and expected to close in Q2 FY2027. Prevalon Energy brings over 6 GWh of battery energy storage systems deployed globally and 1.3 GW of firm supply contracts supporting AI and hyperscaler data center infrastructure, which NextPower expects to integrate into its solar power technology platform. The company has simultaneously raised its FY2027 revenue outlook to $4.0-4.4 billion and projects a $35 billion BESS market opportunity outside China by 2030.ElectricalindiaNextpower Enters BESS and AI Data Center MarketsNextpower has entered into a definitive agreement to acquire Prevalon Energy, a U.S.-headquartered joint venture between Mitsubishi Power Americas and EES, for total consideration of up to $365 million. The acquisition is expected to extend Nextpower's technology platform into battery energy storage systems (BESS) and intelligent controls for critical power infrastructure. The company projects that global demand for BESS outside China could reach $35 billion by 2030, with the U.S. representing up to $15 billion of that opportunity.InvestorsSolar Power Company Enters Battery, Data Center Markets With New Deal; Shares SoarNextpower (NXT) announced late Thursday it would acquire Prevalon Energy, a U.S.-based joint venture of Mitsubishi Power Americas and EES, for up to $365 million, expanding into battery energy storage and AI data center markets. The Fremont, California-based company raised its fiscal year 2027 revenue guidance to $4 billion-$4.4 billion from a prior forecast of $3.8 billion-$4.1 billion following the announcement, with nine analysts raising price targets and the stock surging 13%. The acquisition is part of Nextpower's strategic transformation from solar tracking systems to a comprehensive clean-energy provider, with the deal expected to close in the September quarter.Solar Builder MagazineNextpower enters BESS + AI data center markets with Prevalon acquisitionNextpower has entered into a definitive agreement to acquire Prevalon Energy for $365 million, expected to close in Q2 2027, marking the company's entry into the battery energy storage system and AI data center markets. Prevalon is a U.S.-based joint venture between Mitsubishi Power Americas and EES, offering BESS hardware and software platforms for utility-connected and self-powered AI data centers. In connection with the deal, Nextpower raised its fiscal 2027 revenue outlook to approximately $4 billion to $4.4 billion and adjusted EBITDA to $845 million to $930 million.Saur Energy InternationalNextpower Enters BESS, AI Data Center Markets Via $365 Mn Prevalon AcquisitionNextpower has entered into a definitive agreement to acquire Prevalon Energy, a US-headquartered joint venture between Mitsubishi Power Americas and EES, for up to $365 million, expanding its technology platform into battery energy storage systems (BESS) and intelligent controls for critical power infrastructure. The acquisition positions Nextpower to target global BESS demand projected at $35 billion outside China by 2030, with the US accounting for up to $15 billion; Nextpower has raised its fiscal 2027 revenue outlook to $4.0-4.4 billion and adjusted EBITDA to $845-930 million. The transaction, expected to close in Q2 FY27, will enable Nextpower to serve AI data center power supply applications, with Prevalon already engaged with large hyperscalers.RenewablesnowNextpower to acquire BESS firm Prevalon in USD-365m dealNextpower has agreed to acquire Prevalon, a US-headquartered joint venture between Mitsubishi Power Americas and EES, for USD 365 million, with closing expected in Q2 fiscal 2027 pending regulatory approvals. The acquisition will expand Nextpower into battery energy storage systems, intelligent controls, and energy management software, adding Prevalon's deployed 6+ GWh of battery storage capacity and 1.3 GW of firm supply contracts tied to AI and hyperscale data centre infrastructure. Nextpower simultaneously raised its fiscal 2027 revenue guidance to USD 4.0-4.4 billion and adjusted EBITDA to USD 845-930 million, citing growing customer demand for integrated power solutions.Let's Data ScienceNextpower Acquires Prevalon to Enter BESS, AI Data CentersNextpower agreed to acquire battery company Prevalon Energy for up to $365 million in cash and stock, marking its entry into battery energy storage systems (BESS) and AI data center power markets. Prevalon is a U.S.-headquartered joint venture between Mitsubishi Power Americas and EES, with over 6 GWh of BESS deployed globally and 1.3 GW of firm supply contracts supporting AI and hyperscaler data centers. The transaction is expected to be accretive to Nextpower's FY27 outlook, and the company's shares rose approximately 5.7% post-market on the news.