Recently, Mitsubishi Electric Corporation has concluded a basic agreement with the Industrial Technology Research Institute (ITRI) of Taiwan on research cooperation for the transformation to a green society. The agreement will be for four years until April 15, 2028. This is the first time Mitsubishi Electric concluded a basic agreement with an overseas research institute for comprehensive joint research.

Sustainability at Core

Primarily, the company puts sustainability at the core of its management. In relation, it focuses on creating and expanding businesses that contribute to the realization of a green society. Mainly, the company engages in a wide range of green-related activities. Among them are recycling of carbon and other materials and products, development of next-generation power semiconductors, and energy management that contributes to expanding renewable energy use. Also, it conducts research and development for energy conservation and electrification of equipment. Moreover, the company focuses on creating new value by promoting open innovation through industry-government-academia collaboration. Specifically, this aims to solve increasingly complex and diverse social issues.

Meanwhile, ITRI is promoting development in the areas of Circular Economy, Low-Carbon Manufacturing, and Green Energy & Environment, aiming for a sustainable environment. ITRI has contributed to industrial development through the creation and nurturing of numerous companies, and its strength lies in its ability to expand globally.

Based on the framework of the agreement, the two parties plan to conduct research and development as well as field trials that combine Mitsubishi Electric’s monitoring and control technologies with ITRI’s wide range of technologies. This would leverage the strengths of both parties in social infrastructure systems, including the electric power field.

To solve the problem of climate change, ITRI will engage in a wide range of research and development related to green energy, such as Carbon dioxide Capture, Utilization and Storage (CCUS) and energy management systems, with the aim of early practical implementation.

This is an English translation of an original Japanese article published on Dempa Shimbun Daily.

-23 May 2024-