Mitsubishi Power completes 129 MW retrofit while Mitsubishi Heavy Industries stock costs EUR 20.75

Published on 10/20/2026 at 10:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Mitsubishi Power increased output from 121 MW to 129 MW on October 20, 2026. Mitsubishi Heavy Industries stock costs EUR 20.75 at Lang & Schwarz.

Operational scale and financial capacity

Mitsubishi Power completed the Darajat retrofit on October 20, 2026, raising output to 129 MW.
First-quarter FY2026 revenue reached JPY 1,194.2 billion, while full-year business profit guidance stood at JPY 540 billion.
Mitsubishi Heavy Industries stock was trading at EUR 20.75 at 10:45 a.m. CEST at Lang & Schwarz on October 20, 2026.

Mitsubishi Chemical, JP3900000005, Illustration mit AI erstellt.

Mitsubishi Heavy Industries (JP3900000005) was trading at EUR 20.75 at Lang & Schwarz on October 20, 2026 at 10:45 a.m. CEST. The latest company update centers on a Mitsubishi Power retrofit in Indonesia that increased geothermal output by 8 MW.

According to Mitsubishi Heavy Industries on October 20, 2026, Mitsubishi Power completed the retrofit of Unit 3 at the Darajat Geothermal Power Plant. Output rose from 121 MW to 129 MW, making the unit the largest single-unit geothermal power generating unit in Indonesia. The project also included a technical study agreement with the plant owner for maintenance and performance improvements.

Three dated operating milestones

The company reported Q1 FY2026 financial results on August 4, 2026, and Quartr summarized revenue of JPY 1,194.2 billion, up 16 percent year over year, with business profit of JPY 159.6 billion, up 65 percent. On October 9, 2026, the group announced overseas sales of its ETI-W waste-heat recovery heat pump, which has heating capacity of up to 640 kilowatts. The October 20 Darajat completion then lifted plant output to 129 MW from 121 MW.

What does 129 MW mean for capacity?

The retrofit gives MHI a measurable operating example for its energy business: an 8 MW increase without a new power plant. The result matters alongside the group's financial scale. Quartr said MHI maintained FY2026 revenue guidance of JPY 5,400 billion and business profit guidance of JPY 540 billion after Q1, while order intake guidance rose to JPY 7 trillion.

Shipbuilding is another capacity theme. MarineLink reported on October 19, 2026 that Mitsubishi Shipbuilding agreed to acquire land for a hull-block facility in Japan. The project is expected to involve JPY 100 billion of investment, with potential government subsidies of up to JPY 40 billion. That spending places the geothermal retrofit within a broader capacity-building strategy rather than treating it as an isolated project.

Stock price and operating scale

MHI's market capitalization was JPY 12.4 trillion as of October 20, 2026, based on the latest structured market quote. The company also describes its businesses as spanning energy, smart infrastructure, industrial machinery, aerospace and defense, giving the 129 MW project a place within a diversified industrial portfolio.

Mitsubishi Heavy Industries was trading at EUR 20.75 at Lang & Schwarz on October 20, 2026 at 10:45 a.m. CEST.

The further course of trading is shown by the continuously updated real-time quote of Mitsubishi Heavy Industries stock.