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Hitachi Energy to Invest Additional $4.5 Billion by 2027 to Accelerate the Clean Energy Transition

Hitachi Energy to Invest Additional $4.5 Billion by 2027 to Accelerate the Clean Energy Transition

Order backlog more than tripled to over $30 billion since 2020 — More than double new investments in manufacturing, engineering, digital, R&D and partnerships across all major markets from 2024 to 2027 — Around $330 million in capacity expansion, modernization, and new build in Sweden, across all product portfolios with additional 2,000 employees — Global [...]

Hitachi Energy’s HVDC Technology to Power Marinus Link, a Key Step Toward Australia’s Net Zero ambitions

Hitachi Energy’s HVDC Technology to Power Marinus Link, a Key Step Toward Australia’s Net Zero ambitions

An Australia-first using advanced HVDC technology to stabilize an increasingly renewable grid — A transmission project of national significance to play a key role in Australia’s energy transition to power 1.5 million homes — Hitachi Energy’s two-way power transmission technology will unlock Tasmania’s world-class wind and hydro storage resources to deliver affordable and reliable clean [...]

Hitachi Energy Supports Long-term Operation of Largest HVDC-connected Wind Energy Project in U.S.

Hitachi Energy Supports Long-term Operation of Largest HVDC-connected Wind Energy Project in U.S.

Multi-year agreement provides service solutions to the SunZia Transmission Project, linking New Mexico’s wind farms to Arizona’s grid, increasing renewable energy to Western States Zurich, Switzerland, May 07, 2024 (Korea Bizwire) – Hitachi Energy announced that it has signed a multi-year agreement with Pattern Energy to support its high-voltage direct current (HVDC) technologies for the [...]

Hitachi Energy to Invest Additional $1.5 billion to Ramp up Global Transformer Production by 2027

Hitachi Energy to Invest Additional $1.5 billion to Ramp up Global Transformer Production by 2027

Capacity expansion will increase speed to market to meet accelerating global demand, address long-term customer investments and create over 4,000 jobs — Investments span across Europe, the Americas, and Asia leveraging existing global footprint — Around $180 million in a new state-of-the-art transformer factory in Finland, a key location for clean technology development for renewables [...]

Hitachi Energy to Appoint Andreas Schierenbeck as New Chief Executive Officer, Claudio Facchin to Step Down on June 30, 2024

Hitachi Energy to Appoint Andreas Schierenbeck as New Chief Executive Officer, Claudio Facchin to Step Down on June 30, 2024

Zurich, March 07, 2024 (Korea Bizwire) – Hitachi Energy today announced that Andreas Schierenbeck will be appointed as the new Chief Executive Officer, effective July 1, 2024. Claudio Facchin, Hitachi Energy CEO, will step down at the end of June 2024. Andreas will engage with the Hitachi Energy Board, Executive Team and Claudio to ensure [...]

Hitachi Energy Passes 150 GW in HVDC Links Integrated into the Power System, Expands Capacity to Meet Accelerating Energy Transition Demand

Hitachi Energy Passes 150 GW in HVDC Links Integrated into the Power System, Expands Capacity to Meet Accelerating Energy Transition Demand

• $3 billion investment globally, in manufacturing and engineering footprint, R&D and partnerships • Workforce expansion with more than 8,000 people hired • 150 GW of HVDC links integrated into the power system by Hitachi Energy Zurich, Switzerland, Oct. 24, 2023 (Korea Bizwire) – Hitachi Energy, a global technology leader that is advancing a sustainable [...]

Hitachi Energy Acquires eks Energy

Hitachi Energy Acquires eks Energy

Strategic acquisition adds advanced power electronics and energy management software capabilities to meet accelerated, global demand for battery energy storage solutions Zurich, Switzerland, Oct. 24, 2023 (Korea Bizwire) -- Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks [...]

Partnership Forged to Accelerate the Energy Transition: Hitachi Energy and Google Cloud Combine Energy and Digital Expertise to Advance Sustainability Initiatives

Partnership Forged to Accelerate the Energy Transition: Hitachi Energy and Google Cloud Combine Energy and Digital Expertise to Advance Sustainability Initiatives

Zurich, Switzerland, Aug. 24 (Korea Bizwire) — Hitachi Energy, a global technology leader advancing a sustainable energy future for all, and Google Cloud have signed a strategic agreement to collaborate and co-create on multiple cloud software products and services designed to support the global energy transition. The first demonstration of the joint value of the [...]

Hitachi Energy Selected as Preferred Technology Provider for the Longest HVDC Link in the UK

Hitachi Energy Selected as Preferred Technology Provider for the Longest HVDC Link in the UK

Zurich, Switzerland, July 26 (Korea Bizwire) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it has been selected as preferred technology provider of SSEN Transmission and National Grid, to supply two high-voltage direct current (HVDC) converter stations to interconnect the Scottish and English power grids. [...]

Hitachi Energy Wins Order for First Subsea Electricity Interconnection Between France and Spain

Hitachi Energy Wins Order for First Subsea Electricity Interconnection Between France and Spain

Zurich, Switzerland, June 15 (Korea Bizwire) — Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, today announced it won an order from Electricity Interconnection France-Spain (Inelfe), the joint venture bringing together operators of the Spanish (Red Eléctrica) and French (RTE) electricity transmission networks, in charge of the construction [...]