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Hitachi Energy

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

Predecessor companies and formation

In July 2020, following an agreement signed in 2018, ABB sold 80.1% of its Power Grids division to Hitachi Ltd. The resulting joint venture began operating as 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]

Notable projects

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

References

  1. Hitachi makes Hitachi Energy a wholly owned subsidiary for 218 billion yen and acquires shares from ABB www.bloomberg.co.jp, retrieved 2022-09-30^
  2. Hitachi complete Acquisition of ABB Power Grids www.greentechmedia.com/, retrieved 2020-05-01^
  3. Molly. China's mega transmission lines Power Technology, 2019-03-06, retrieved 2023-08-14^
  4. Hitachi Energy Partners with National Grid on World's First Bloomberg.com, 2021-12-10, retrieved 2023-07-04^
  5. Hitachi Energy hands over North Sea Link Exchanging Renewable Energy www.tdworld.com, retrieved 2022-11-08^
  6. Microgrid helps Indigenous Canadians use less diesel www.tdworld.com, retrieved 2022-04-08^
  7. Petrofac, Hitachi Energy receive $14bn agreement from TenneT www.reuters.com, retrieved 2023-03-03^