Steam Turbine Generator Shipped to Korea

Tokyo, March 23, 2010 — Kawasaki Heavy Industries, Ltd. announced today that it has shipped a steam turbine generator with a rated output of 48.3 MW from its Kobe Works to the Daejeon Southwest Mass Energy Facility Project currently underway in Daejeon, Korea.

Hyundai Engineering & Construction Co., Ltd. the general contractor overseeing construction of the project’s power plant placed an order for the steam turbine generator in February 2008. Once on-site testing is completed, the steam turbine generator will be delivered to the Korea National Housing Corporation, the end client. The power plant will provide heat and power to new residential areas now under construction, mainly supplying steam for the unique underfloor heating system referred to in Korea as ondol.

The Korean government has responded to global environmental and energy concerns with a long-term plan geared toward urban areas that promotes natural gas-fueled combined heat and power supply systems. This project under the Korea National Housing Corporation is part of a national effort to reduce air pollution and the emissions of green house gases that cause global warming.

Since the launch of its first industrial steam turbine in 1956, Kawasaki has established a proven track record that includes the delivery of over 330 steam turbine units worldwide. Now with this latest delivery, Kawasaki has supplied a total 34 steam turbine units for power generation applications to Korea.

Today’s growing demand for distributed power generation systems continues to fuel sales at Kawasaki as it moves forward to bring its energy and environmental business to new heights.