Hitachi Energy
 | |
| Industry | Energy technology |
|---|---|
| Founded | 2020 |
| Headquarters | |
Key people | Andreas Schierenbeck (CEO) Ismo Haka (CFO) Gerhard Salge (CTO) |
| Revenue | US$13 billion (2023) |
Number of employees | 45,000 |
| Website | www |
Hitachi Energy Ltd. is a technology company headquartered in Zurich, Switzerland. The company's products include high-voltage equipment, transformers, and services for renewable energy.
The company is a subsidiary of multinational conglomerate Hitachi Ltd. The company was formerly known as Hitachi ABB Power Grids, following a joint venture with Hitachi Ltd. and ABB Power Grids in 2020, and was rebranded in 2021 as Hitachi Energy Ltd.
History
[edit]In July 2020, ABB divested its power grid business and sold 80.1% of that to Hitachi Ltd., leading to the formation of Hitachi ABB Power Grids.[1]
In October 2021, Hitachi ABB Power Grids changed its company name to Hitachi Energy. In December 2022, it was confirmed that Hitachi acquired the remaining 19.9 percent shares from ABB Ltd.[2]
Products and services
[edit]Hitachi Energy offers high-voltage switchgear and breakers, high-voltage direct current, transformers, substations, and power-system automation.
Notable projects
[edit]Hitachi Energy has been involved in several notable projects, such as:
- Supplier for Changji-Guquan UHVDC transmission line in China, the world’s first transmission line operating at 1,100 kV voltage (2018)[3]
- Fluoronitrile-based gas replacement for the greenhouse gas sulphur hexafluoride for National Grid in Kent, UK (2021)[4]
- HVDC converter stations for high-voltage direct current submarine power cable North Sea Link (2021)[5]
- Renewable energy microgrid for the remote community of Gull Bay First Nation in Canada (2022)[6]
- Offshore platforms and onshore HVDC converter stations for electricity grid operator TenneT[7]
See also
[edit]References
[edit]- ^ "Hitachi makes Hitachi Energy a wholly owned subsidiary for 218 billion yen and acquires shares from ABB". www.bloomberg.co.jp. Retrieved September 30, 2022.
- ^ "Hitachi complete Acquisition of ABB Power Grids". www.greentechmedia.com/. Retrieved May 1, 2020.
- ^ Molly (March 6, 2019). "China's mega transmission lines". Power Technology. Retrieved August 14, 2023.
- ^ "Hitachi Energy Partners with National Grid on World's First". Bloomberg.com. December 10, 2021. Retrieved July 4, 2023.
- ^ "Hitachi Energy hands over North Sea Link Exchanging Renewable Energy". www.tdworld.com. Retrieved November 8, 2022.
- ^ "Microgrid helps Indigenous Canadians use less diesel". www.tdworld.com. Retrieved April 8, 2022.
- ^ "Petrofac, Hitachi Energy receive $14bn agreement from TenneT". www.reuters.com. Retrieved March 3, 2023.
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