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Hitachi Energy opens its doors

Business news |
By Nick Flaherty

Hitachi Energy, based in Zurich, Switzerland, develops high voltage DC transmission technology and supplied the technology for the world’s longest sub-sea HVDC link between the UK and Norway which opened earlier this month.

Hitachi has an 80.1 percent stake in the joint venture which started operations on July 1, 2020, and ABB holds the balance. The name change will happen in China at a later date.

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“At Hitachi Energy, we are championing the urgency of a clean energy transition, through innovation and collaboration. There are many pathways towards a carbon-neutral future – to tackle this global challenge, we nurture diverse global teams bringing authentic passion and enduring ownership,” said Claudio Facchin, CEO of Hitachi Energy (above).

“By 2050, global electrification will near‐double in demand  and electricity will be the backbone of the entire energy system. At Hitachi Energy we have pioneered many of the technologies needed for advancing a sustainable energy future for all – and we are committed to continue pushing the boundaries of innovation. Delivering on the promise of a carbon-neutral future will take passion, trust and innovation – and the benefits will be for our generations and those to come. With our new name – Hitachi Energy – we are broadening our commitment to creating real impact for our customers and partners, our people and society.”

Hitachi Energy recently won a deal for a HVDC link from Saudi Arabia to Egypt,  the first ever large-scale interconnector in the Middle East and North Africa.

Hitachi Energy is also working on grid edge solutions such as microgrids and energy storage. A recent roll out in Cordova, Alaska, where a battery energy storage system (BESS) from ABB helps regulate the electrical system and maximize the use of locally produced hydroelectric power.

Earlier this year, the business launched EconiQ, a high voltage offering that aims to significantly reduce the carbon footprint throughout the total life-cycle. The business also recently launched a portfolio of transformer products for offshore floating applications to integrate wind energy harvesting into power grids.

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