Key facts
- Mitsubishi Heavy Industries expects strong global demand for gas turbines to continue next year.
- Demand from U.S. data centers is a primary driver of this growth.
- The company's order backlog has reached a record level.
- This surge in demand is contributing to a double-digit percentage increase in sales and profit for Mitsubishi Heavy Industries.
Mitsubishi Heavy Industries is experiencing a significant increase in demand for its gas turbines, driven largely by the expansion of data centers in the United States. The company's U.S. operations chief, Takao Tsukui, stated that this demand is filling order books to a record level and is expected to remain strong into next year. This surge has already contributed to a double-digit percentage boost in sales and profits for the Japanese industrial conglomerate. The broader energy sector is seeing a shift towards net-zero goals, with large-scale energy users like data centers prioritizing on-site resiliency projects and renewable energy, which includes the need for reliable power generation solutions like gas turbines.