Mitsubishi Power Commits to Saudi Arabia Decarbonization Goals
Mitsubishi Power is demonstrating its commitment to supporting the Kingdom of Saudi Arabia’s clean energy infrastructure and boosting national talent within the energy sector, at this year’s Saudi Aramco In-Kingdom Total Value Add (iktva) Forum. Participating as a Platinum Sponsor, Mitsubishi Power is showcasing the company’s advanced energy transition technology solutions and processes as well as its progress in localizing the energy value chain.
The company’s participation features a senior international delegation headed by Kentaro Hosomi, Executive VP, Chief Regional Officer, Europe, Middle East & Africa, Mitsubishi Heavy Industries, who will be speaking on a high-level executive panel along with Saudi Aramco representatives and key industry leaders, titled “Carbon Capture & Energy Storage” on February 1st in the Sustainability Pavilion.
Regional executives will also be in attendance and Mitsubishi Power Saudi Arabia’s team, which features a growing number of talented Saudis in leadership positions, including the recently appointed CEO Adel Al-Juraid.
This comes as part of the Mitsubishi Power National Program launched by the company in 2019 to prioritize the development of local talent and expand industrial facilities and capabilities in Dammam to serve Saudi Arabia and the region. As a result of deploying several training and development programs structured as a blend of classroom and on-the-job training, both in Saudi Arabia and in Japan, the company has successfully achieved a 54% Saudization rate to date.
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