PITTSBURGH, PENNSYLVANIA - (March 27, 2019) Pittsburgh's newest clean tech start-up just arrived. Oriden launches this week's New Energy Finance's "The Future of Energy Summit" and local unveiling at Carnegie Mellon University's "Energy Week." Mitsubishi Hitachi Power Systems, a Japanese multinational with global headquarters located in Lake Mary, FL.
Oriden - a play on the English word "origin" and the Japanese word "denki" (電 気) meaning 'electricity' - is the start of a new generation of power generation organization. Oriden fulfills multiple roles within the renewable energy space, providing customized solutions for end-user energy customers - including development and permitting, construction, financing / ownership, and asset management of renewable energy projects. The team is focused on distributed renewable energy solutions, with a focus on PV and energy storage systems. This wants to include community solar, behind-the-meter commercial & industrial customers, and distribution-level front-of-the-meter projects.
This week honors innovation and breakthroughs in the energy sector, and MHPS is excited to contribute to our industry. said Paul Browning, President and CEO of MHPS Americas and Carnegie Mellon University alumnus. "In fact, CMU Energy Week 2018 played a pivotal role in our company's creation of a new business in the region."
MHPS considers multiple cities in its journey to launch a new business focused on renewable energy solutions. Long-time MPS Employee and Pittsburgh Native, Michael Ducker (Senior Director of New Product Solutions), has found Pittsburgh as a key city and regional market to launch a business search: "Most people do not realize that Pittsburgh is the birthplace of modern American This is the first coal mine in Coal Hill - now known as Mt. Washington, the nation's first commercial gas at Murrysville, the nation's first nuclear power plant to be built in Shippingport, and the world's first oil well in Oil City.
Ultimately, it took a meeting between Ducker and another Pittsburgh native, Masahiro "Mas" Ogiso, at CMU Energy Week 2018 to seal the future for Oriden and its ultimate headquarters in Pittsburgh. Ogiso, head of the new Oriden team, noted "After learning more about MHPS's vision and motivation to expand into the renewable energy solutions space, I knew this was a unique opportunity to launch a start-up, creating innovative customer solutions in a growing way market opportunity, and all the while leveraging the wealth of experience and stability of our parent company. "This ability to launch this business into my hometown made this opportunity all the more rewarding."
Oriden's new office is currently undergoing renovation at Pittsburgh's thrilling North Shore and just two blocks away from PNC Park. In his initial hiring phase, Oriden wants to develop, finance, and operate renewable energy projects. Significantly more jobs are expected as the business continues to scale-up operations. The Oriden team is currently part of renewable energy developers, financiers, and operators.