Hitachi to invest $4.5bn in energy transition

Hitachi Energy plans to invest over $4bn in manufacturing, engineering, digital, R&D, and partnerships by 2027. This investment is aiming to double the capacity in the mentioned areas such as transformer production, HVDC, and high-voltage products. Additionally, it will support power electronics-based solutions, grid automation, software solutions, and services to meet the requirements of the energy transition towards a net-zero goal.

Source:

https://renews.biz/93704/hitachi-energy-to-invest-45bn-in-energy-transition/

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