First order for Station Energy Saving Inverter from railway company outside Japan

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HONG
KONG, CHINA -�Media OutReach�-�5 October 2020 - Mitsubishi Electric (Hong Kong) Limited announced today that it has received an order
from MTR Corporation Ltd. (MTR) in Hong Kong for three Station Energy Saving
Inverter (S-EIV^�) systems, which enable surplus regenerative energy that is produced when trains
brake, to be converted into low-voltage AC electricity to power station
facilities such as lighting, air-conditioning, escalators and lifts. Mitsubishi Electric, having now received its first S-EIV^� order from a
railway company outside Japan, looks forward to
helping MTR upgrade its energy-saving operations.

Station Energy Saving Inverter (S-EIV�)�

Basic system

The three S-EIV^�swill be used in Lai King Traction Substation at Airport Express and Tung
Chung Line and in HKU Station at Island Line. Installation is scheduled for
completion in July 2021. MTR, which is headquartered in Kowloon Bay, selected
Mitsubishi Electric's S-EIV^� for its small physical profile as well as its
contribution to energy savings.

Mitsubishi Electric trialed its
first-generation S-EIV^� for MTR in 2016. The system has been shown to capture
an average of 560 kilowatt hour of regenerative energy per day, which is
roughly equal to the power consumption of 61 typical 3-member households in
Hong Kong. According to the document by Legislative Council of The Hong Kong Special
Administrative Region (https://www.legco.gov.hk/yr19-20/english/fc/fc/papers/fc20191129fc-44-1-e.pdf), each Hong Kong
typical 3-member household� consumes 275
kilowatt hour per month (9.17 kilowatt hour per day).

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Recent improvements
in train performance include the increasing generation of regenerative energy
produced when trains brake, so railway companies are exploring ways to use this
surplus energy effectively. Since Mitsubishi Electric's S-EIV^� enables the energy to be used in powering
station facilities, it is viewed as a promising solution for new energy
savings.�

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S-EIV^� is a registered trademark of Mitsubishi Electric Corporation.

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About Mitsubishi Electric (Hong Kong) Limited (ME-HK)

ME-HK is a wholly owned
subsidiary of Mitsubishi Electric Corporation in Japan. Since 1966, ME-HK has
been serving Hong Kong, Macau and Mainland China for over 50 years and has earned strong reputation in the market today. ME-HK
offers a diverse range of reliable
& high quality products, effective & efficient tailor-made systems
solution and fast & caring after sales services. Our core businesses
include air-conditioning & ventilation systems, home appliances, semi-conductors
& devices, energy systems, transportation systems, public systems, visual
information systems, elevators & escalators and factory automation systems.
Embracing the spirit of its corporate statement "Changes for the Better", and its environmental statement "Eco Changes", we strive for a greener
environment by our strength in cutting-edge green technology applied in
different aspects of products and package solution that can make contribution
to the energy saving and sustainable society.