Hitachi Ltd. announced Thursday it plans to expand its nuclear power business sales to ¥360 billion in fiscal 2020, more than double the ¥160 billion it posted in fiscal 2011.
The company expects sales to increase on decommissioning work at Tokyo Electric Power Co.’s Fukushima No. 1 nuclear plant, which was ruined by the March 2011 earthquake and tsunami, as well as on overseas orders for atomic power stations.
In presenting its business plan, Hitachi said nuclear power will remain a key energy source in view of the need to reduce carbon dioxide emissions and to meet growing electricity demand in emerging economies.
MHI lands Brazil order
Mitsubishi Heavy Industries Ltd. said a wholly owned subsidiary has received a turnkey order for a biomass-fired boiler from Brazil’s largest pulp maker, Suzano Papel e Celulose.
The subsidiary, CBC Industrias Pesadas S.A., will deliver a high-capacity, high-performance boiler to Suzano Papel to generate the power necessary for pulp production, MHI said Wednesday.
The biomass boiler, with a maximum capacity of 120 tons of steam per hour, will be installed at one of Suzano Papel’s biggest plants in Brazil and delivery is slated for early 2014.
CBC Industrias Pesadas, the largest boiler manufacturer in Brazil, will also supply a combustion system, electrostatic precipitator and other peripheral machinery. It will also dispatch instructors and conduct test operations.