Hitachi Energy to invest $4.5bn by 2027 in energy transition, focusing on transformers, HVDC, high-voltage products, R&D, and partnerships.
Hitachi Energy plans to invest an additional $4.5bn by 2027 in energy transition, focusing on manufacturing, engineering, digital, R&D, and partnerships. The funds will increase global R&D, engineering, and manufacturing capacity for transformers, HVDC, and high-voltage products, and support software solutions and services in line with the Hitachi Energy 2030 Plan. The investment aims to meet growing global demand for electricity and integrate renewable energy sources like solar and wind.
June 07, 2024
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