Mitsubishi Heavy Industries aims to double its gas turbine capacity in the next two years as demand for the equipment rises globally due to replacement and data center needs.
The manufacturer is seeing orders multiply due in part to turbines installed decades ago nearing end of life, CEO Eisaku Ito said in an interview Friday.
“We were working toward boosting production capacity by 30%, but that’s not enough to meet growing demand,” Ito said. “Fulfilling those orders is our top priority.”