World’s Top Gas Turbine Maker Sees AI Boom Lifting Orders (1)

Mitsubishi Power Ltd. sees the world ordering 50% more gas turbines annually through 2026, compared with the past three years, driven in part by data center growth.

Globally, there will be 60 gigawatts worth of equipment orders every year from 2024 through 2026, up from an average annual capacity of 40 gigawatts sold between 2021 and 2023, said Takao Tsukui, executive vice president of international sales at Mitsubishi Power, the world’s top supplier of gas turbines.

The speed at which data centers powering artificial intelligence are being rolled out “is much more than what we expected and that’s driving a ...