Mitsubishi Heavy Industries Reports 35 GW Gas Turbine Backlog Amid Rising Demand
Mitsubishi's Energy Systems division backlog for large-frame gas turbines has reached 35 GW, reflecting a 56% increase in orders. The company is poised to double production capacity by 2024 as demand remains strong across the sector.
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Mitsubishi Heavy Industries' Energy Systems division reported a backlog of 35 GW for large-frame gas turbines, up from 23 GW the previous year. In the first quarter of the fiscal year, which began in March, the company secured 10 orders, comprising four for the United States and six for Japan.
Orders are scheduled for delivery between 2028 and 2030, with a significant focus on selective contracting within the U.S. utility market. The company plans to double production capacity by 2024 and reported a 53% year-over-year increase in orders for nuclear power solutions alongside the growth in gas turbine orders. The impact of the July 28 earthquake in Kumamoto, Japan, was minimal on operations.
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