Japan, Oct. 14 -- Mitsubishi Electric Corporation announced that it has concluded a basic agreement with the Industrial Technology Research Institute (ITRI) in Taiwan, in collaboration with the company's sales company in Taiwan, Mitsubishi Electric Taiwan Co., Ltd., for a technical collaboration to develop high-voltage, high-current power conversion systems (PCSs) that use high-efficiency power semiconductors to convert electricity generated from renewable energy sources, such as solar and wind power.Under the agreement, Mitsubishi Electric's advanced power semiconductor modules and Mitsubishi Electric Taiwan's marketing capabilities will be combined with ITRI's technology for efficiently converting high-voltage, high-current electricity. T...