Mitsubishi Hitachi launches renewable energy services provider

Mitsubishi Hitachi Power Systems Americas (MHPS) has launched Oriden, a renewable energy solutions provider. Oriden – a play on the English word “origin” and the Japanese word “denki” meaning ‘electricity’ – is the start of a new type of power generation organization. Located in Pittsburgh, the organization will be fully-backed by MHPS to pursue end-to-end offerings of renewable energy solutions, yet will operate independent of the larger company, enabling it the flexibility it needs to offer attractive solutions in this dynamic market segment. Oriden can fulfill multiple roles within the renewable energy space, providing customized solutions based upon end-user needs including development and permitting, construction, financing/ownership, and asset management.