Rhea-AI Summary
Kawasaki Heavy Industries announced the shipment of a KG-18 Kawasaki Green Gas Engine to Yee Fong Chemical & Industrial Co., Ltd. for its Taoyuan Plant expansion. This 8 MW gas engine will enhance captive power generation at the facility, already equipped with Kawasaki's steam turbine and gas engine. The KG-18 engine is praised for its high electrical efficiency (49.0%) and quick startup time, with operations expected to commence by late May 2023. Kawasaki aims to strengthen its energy-related business and support a carbon-neutral society.
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What is the current stock price of Kawasaki Heavy Inds (KWHIY)?
Kawasaki Heavy Inds (KWHIY) last closed at $4.95.
What is the market cap of Kawasaki Heavy Inds (KWHIY)?
The market cap of Kawasaki Heavy Inds (KWHIY) is approximately $10.8B.