Image source: Hitachi ABB

120 years of innovation in Ludvika

Sweden, Ludvika: Hitachi ABB Power Grids marks 120 years of Ludvika, renowned for a rich track record of innovation that has contributed to shaping the world’s power industry over the past century.

Elektriska Aktiebolaget Magnet (later acquired by ASEA) was founded in the year 1900 to serve mines, power plants and industries with electromechanical equipment.

120 years later, Ludvika continues to be a ‘jewel in the crown’ of the copmany’s business, with a rich legacy and an illustrious track record of pioneering technologies that changed the world such as 3-phase AC transmission, high voltage direct current (HVDC), the world’s most powerful transformers, and eco-efficient high voltage switchgear.

“The green and digital transformations will yet again emphasise the importance of the energy system and Swedish infrastructure. Hitachi ABB Power Grids and its legacy operations in Ludvika have an illustrious place in the history of Swedish technology innovation with a strong global contribution,” said Ibrahim Baylan, Sweden’s Minister for Business, Industry and Innovation.

Toshikazu Nishino, Executive Vice President and Executive Officer of Hitachi Ltd. and Chairman of Hitachi ABB Power Grids said, “We will lead social innovation in power grids through collaborative creation together with customers and partners, by combining the world’s most advanced grid systems with Hitachi’s digital technology, leading the achievement of a sustainable society in the aspect of energy,” he added.

Hitachi ABB Power Grids in Sweden has about 4,000 employees with offices in 15 locations. More than half of the employees in Sweden are based in Ludvika. All of its business units are represented in the country and there is also an extensive R&D presence. In Ludvika, there are two world-class laboratories and two unique test halls for testing of electrical components for ultra high-voltage levels, bushings, and HVDC valves.

Claudio Facchin, CEO of Hitachi ABB Power Grids said, “Our pioneering technology spirit is part of our DNA and in today’s green energy transition the acceleration of digitalisation can enable our power grids to become more flexible and reliable”. “Leveraging technology and strong collaboration across stakeholders will be key in supporting a secure and scalable grid for a sustainable energy future,” Claudio added.

Source: Hitachi ABB