Mitsubishi Corporation

Power Solution Group

Our Business Our Business

Power Solution Group

The Power Solution Group consists of three divisions and one office, namely the International Power Division, the Energy Service Solution Division, the Utility Retail Division and the Eneco* Office. We conduct a variety of initiatives including water businesses to meet diversifying utility needs, with a focus on our power solution value chain business which functions to “generate” renewable energy, “integrate” weather-dependent electricity (through a sophisticated balance of supply and demand), as well as “deliver” electricity and high added-value services to our customers.

Some of our main initiatives include our renewable energy business that contributes significantly to the decarbonization of society, new businesses in the electric power sector that utilize distributed solar and other forms of power generation, our lithium-ion battery business, which is essential for the proliferation of electric vehicles, and our energy storage business that utilizes those batteries.

By combining low-emission power sources, such as renewable energy, with digital technologies, we not only contribute to the stable supply of electricity, but also provide new added value to customers, such as supply and demand adjustment. We are also conducting initiatives in the field of hydrogen, which is expected to play a role as next-generation fuel.

Through these efforts, we aim to contribute to the realization of a sustainable low-carbon/ decarbonized society while raising our corporate value.

*Eneco is an integrated energy company based in the Netherlands

Organizational Structure

International Power Division

In the International Power Division, we are involved in the overseas power generation and transmission business, the power trading business, the water supply, sewage and seawater desalination business, and the development of the hydrogen business, which is a next-generation source of energy.
In the power generation and transmission business, we are creating an optimal asset portfolio through our involvement in large-scale power generation business development. Through operating companies in the Americas, the Asia-Pacific and the Middle East and Europe, our focus is on power sources with low environmental impact, centering around renewable energy, and the offshore wind power transmission business. In addition to this, we are involved in the distributed power generation business, with a focus on solar power generation.
In the water supply, sewage and seawater desalination business, we are involved in the operation of water supply projects and the development and operation of water treatment plants, sewage treatment plants, and seawater desalination plants in the UK, the Middle East and Africa, Asia, and Chile through our operating companies.
Furthermore, with regard to the next-generation energy source of hydrogen, we are making developments with its production, transport/storage, and supply, in combination with the renewable energy-focussed power generation business.

Main Products and Services
Overseas power generation & transmission business, power trading business, overseas distributed power supply business, overseas water business, hydrogen business
Organizational Structure
Strategy & Planning Office | International Utility Dept.

Energy Service Solution Division

In the Energy Service Solution Division, we are developing the power service business (value chains for power generation and sales) in Japan and overseas utilizing acquired and owned renewable energy power generation assets and locally distributed power sources. Development is being done in line with trends such as the growth of renewable energy and distributed power, where generation and supply are handled at locations near to areas of demand, as well as the utilization of digital technology.
We are also working on the development of a domestic power generation business with a focus on renewable energy, the utilization of local network functions for the sale of power generation-related equipment and facilities to domestic customers, and collaboration between our domestic and overseas battery businesses (lithium-ion battery manufacturing and commercialization of electricity supply and demand adjustment functions using storage batteries, etc.).

Main Products and Services
Domestic power generation business, lithium-ion battery (LiB)-related business
Organizational Structure
Strategy & Planning Office | Battery Business Dept.

Utility Retail Division

In the Utility Retail Division, we are pursuing new electricity retailing using renewable energy and digital technology, as well as developing services to meet the diverse needs of customers of our utility businesses, including electricity, gas, and water, for their daily lives and life events.
In the power retail business, we provide power to households in Japan, and we are also engaged in distributed power supply business using small solar panels and storage batteries, mainly in off-grid areas in Africa.
We are also engaged in the water business, which promotes the development and operation of projects in the water treatment field and other related infrastructure businesses in Japan.

Main Products and Services
Power trading business, power retail business, domestic water business
Organizational Structure
Strategy & Planning Office | Utility Service Dept.

Eneco Office

In the Eneco Office, we are working to support the further growth of Eneco, an integrated energy company in the Netherlands, which we purchased with Chubu Electric Power in March 2020.
With a focus on the three countries of the Netherlands, Belgium and Germany, Eneco is developing its power generation business, with renewable energy at its core, as well as its electricity / gas trading, electricity / gas retail, and district heating supply businesses. Eneco is an advanced integrated energy company that from early on has had customer-focussed service as one of its company goals.
The Eneco Office aims to contribute to solving social issues, such as transitioning to a low carbon society and global environmental conservation, by supporting the infrastructure for peoples’ lives through the further growth of Eneco.

Main Products and Services
Power & gas trading and retail business, power generation business, and district heating business by Eneco in the Netherlands

Project Cases

Business Investments