MHI Receives Steam Turbine Order from Turkey for Second Unit at

MHI Receives Steam Turbine Order from Turkey for Second Unit at Germencik
Geothermal Power Plant 
Follow-up to Earlier Order for Unit No.1 
Tokyo, June 27, 2013 - (JCN Newswire) -  Mitsubishi Heavy Industries, Ltd.
(MHI), jointly with Mitsubishi Corporation, has received an order for a steam
turbine from GURMAT ELECTRICITY GENERATION CO. INC., which is one of the
affiliate companies of GURIS HOLDING CO. INC., an independent power producer
(IPP) in Turkey, to be installed in the second 47 MW (megawatt) power
generation unit at the Germencik Geothermal Power Plant. The new unit at the
plant, which is located on the Aegean Sea coast approximately 60 kilometers
south of Izmir, Turkey's third-largest city, is slated to go on-stream in
2015. 
Steam turbines are a core component of geothermal power plants. The latest
order represents the second steam turbine to be supplied by MHI to the
Germencik Geothermal Power Plant, following a turbine delivered in 2008 for
power generation unit No.1. The accompanying generator will be provided by
Mitsubishi Electric Corporation. MHI believes that the high operational
availability and reliability of its previously delivered equipment were highly
evaluated and contributed to the awarding of the new order. 
Securing power sources has become a major issue in Turkey due to tight power
supplies associated with the country's robust economic growth. Under this
situation, interest in renewable energies has been increasing, and the Turkish
government is taking initiatives to promote utilization of the country's
abundant geothermal energy. For the power that will be generated at unit No.2
of the Germencik Geothermal Power Plant, for example, application of a 10-year
feed-in tariff (FIT) program is planned. 
Geothermal power generation utilizes geothermal fluid, a mixture of
high-temperature water and steam extracted from deep underground reservoirs
through production wells. The steam extracted from the fluid is used to rotate
steam turbines. Geothermal power generation is not affected by weather, unlike
photovoltaic or wind power generation, and is fully operable 24 hours a day,
seven days a week - enabling a significantly higher ratio of facility
utilization than wind or photovoltaic power generation. It is also a clean
generation system that emits extremely modest amounts of CO2. 
MHI is a leading company in geothermal power generation systems, having to
date received orders for more than 100 units from 13 countries. The aggregate
capacity of units already installed is 3,110 MW, equal to approximately 30% of
the world's current geothermal power generation capacity. Going forward,
MHI will continue aggressive marketing activities for its geothermal power
generation systems as a way of contributing to efforts to prevent global
warming. 
About Mitsubishi Corporation 
Mitsubishi Corporation (MC; TSE: 8058) is a global integrated business
enterprise that develops and operates businesses across virtually every
industry including industrial finance, energy, metals, machinery, chemicals,
foods, and environmental business. MC's current activities are expanding
far beyond its traditional trading operations as its diverse business ranges
from natural resources development to investment in retail business,
infrastructure, financial products and manufacturing of industrial goods. With
over 200 bases of operations in approximately 80 countries worldwide and a
network of over 500 group companies, MC employs a multinational workforce of
nearly 60,000 people. For more information, please visit
www.mitsubishicorp.com. 
About Mitsubishi Heavy Industries 
Mitsubishi Heavy Industries, Ltd. (MHI), headquartered in Tokyo, Japan, is one
of the world's leading heavy machinery manufacturers, with consolidated
sales of 2,820.9 billion for the year ended March 31, 2012. MHI's diverse
lineup of products and services encompasses shipbuilding, power plants,
chemical plants, environmental equipment, steel structures, industrial and
general machinery, aircraft, space rocketry and air-conditioning systems. For
more information, please visit the MHI website at www.mhi.co.jp. 
Contact: 
Mitsubishi Heavy Industries
Hideo Ikuno
h.ikuno@daiya-pr.co.jp
+81-3-6716-5277 
Copyright 2013 JCN Newswire. All rights reserved. www.japancorp.net 
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