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Mitsubishi Power and Warwick Carbon to Jointly Develop Advanced Decarbonization Projects for Power Sector

Innovative decarbonization solutions will soon take center stage as Mitsubishi Power and Warwick Carbon Solutions have entered into a Joint Development Agreement (JDA) that leverages the expertise of both companies to advance decarbonization projects among energy and industrial sectors.

April 06, 2023. By News Bureau

Innovative decarbonization solutions will soon take center stage as Mitsubishi Power and Warwick Carbon Solutions have entered into a Joint Development Agreement (JDA) that leverages the expertise of both companies to advance decarbonization projects among energy and industrial sectors.

The two companies will work together as strategic partners to identify and develop long-term viable projects that will help the North American region achieve net zero no later than 2050.

Each company brings their own world-class products, services and design expertise to the JDA which will focus on the decarbonization of companies operating in the Oil & Gas, industrial process, and power generation sectors.

 

“As evidenced by the US Inflation Reduction Act and other important initiatives directed at advancing clean energy, the time is now to collaboratively pursue new decarbonization technologies and solutions,” said Bill Newsom, President and CEO, Mitsubishi Power Americas. “With our comprehensive combination of world-class technology and proven green energy investment expertise, this partnership will open doors that can lead to more projects along the path to net zero. Together with our customers and partners, we are creating Change in Power.”

“We are pleased to have Mitsubishi Power as our partner. There is a tremendous need and opportunity to advance high-impact clean energy projects. Mitsubishi Power’s best-in-class power and decarbonization technology solutions make them the perfect partner to grow a meaningful portfolio of green energy investments. We are excited about the future of this partnership and the difference our collective capabilities will make as we strive for net zero,” said Jonathan Wiens, CEO, Warwick Carbon Solutions Development Company.

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