ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business trends

Renewable energy rise forces layoffs at Mitsubishi Hitachi Power

Rival manufacturers of fossil-fuel power stations also cutting jobs

The rise of renewable energy is bad news for makers of coal-, oil- and gas-fired power generators.

TOKYO -- The dawn of renewable energy is starting to pinch at companies that build fossil-fuel-fired power plants, forcing substantial layoffs at manufacturers such as Japan's Mitsubishi Hitachi Power Systems.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more