Saturday, May 26, 2012

No. 522: Japanese railway technology is increasing its presence in Asia (May 26, 2012)

Business  trend:
Thanks to the strong reliability and excellent energy saving ability, Japanese railway technology gets orders from abroad in succession. Sojitz, one of Japan’s leading general trading companies, got an order for a power storage system from Hong Kong in alliance with Meidensha. They got an order for the power storage unit that stores regenerative energy a railway car generates when it applies the brake together with electric substation equipment. The Meidensha’s unit called CAPAPOST stores electricity in capacitors that allow for input and output of a large volume of electricity at a time. It has a discharge and charge capacity of 2,000 kW. As compared with the power storage unit that uses lithium-ion battery, Meidensha’s unit is suitable for transportation that needs a great deal of power current in arrival and departure. 

Sojitz plans to increase sales of the railway business to 150 billion yen in three years, and even plants to participate in railway management business for long-term stable revenue. Other general trading companies are also active. Marubeni acquired an order for the amount of 80 billion yen from the Philippines. The order includes railway cars and related electrical equipment. Sumitomo also received an order for the amount of 63 billion yen from Vietnam. The order is expected to include Japanese railway cars. Because the Japanese railway technology can exhibit excellent competitive edge, it will likely get more orders from Asian countries where railway construction grows widespread in an accelerating pace.


CAPAPOST, Meidensha’s regenerative energy storage unit


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