New Delhi, Oct. 15 -- Japan-based Mitsubishi Electric Corporation has announced that it has concluded a basic agreement with Industrial Technology Research Institute (ITRI) in Taiwan, an official statement said.

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.

The goal is to jointly develop a megawatt-class PCS prototype equipped with the power semiconductor modules for demonstration testing.

Now, Mitsubishi Electric and Mitsubishi Electric Taiwan aim to further expand their power semiconductor module businesses for PCSs by providing users with de...