Gas
Mitsubishi Power bets $490M on gas turbine boom as orders surge
CEII brief
Power Engineering reported on 26 Oct 2026: Mitsubishi Power bets $490M on gas turbine boom as orders surge.
Read the full story on Power EngineeringThe expansion of Savannah Machinery Works is at the center of Mitsubishi Power’s strategy to grow its American manufacturing capabilities and workforce while supporting increasing customer demand for energy solutions across the Americas.
Context from CEII
Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.
21.9% of electricity in the world came from gas in 2024Original reporting © Power Engineering. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.