Hitachi Energy goes live
Switzerland, Zurich: The global technology and market leader in power grids is committed to advancing a sustainable energy future for all.
Further to its press release on 1 July 2021, the global technology leader today announced its evolution to Hitachi Energy.
Speaking from its global headquarters in Zurich, Switzerland, Claudio Facchin, CEO of Hitachi Energy, commented, “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.”
The carbon-neutral energy system will be highly interconnected and HVDC, a technology we have pioneered over 60 years ago is one of the key enablers for bulk renewable energy resources integration and reliable interconnection across countries, regions and continents.
As part of Hitachi Energy’s ‘go live’ celebrations, Claudio Facchin will today host an interesting dialogue with Steven Chu, 12th US Secretary of Energy, scientist and Nobel Prize co-winner for Physics (1997), and Lully Miura, Japanese scholar of international politics and a member of the Growth Strategy Committee of Cabinet Office of Japan. The session titled, ‘Energy technologies and innovations that contribute to a carbon-neutral future’, will be streamed from the Hitachi Social Innovation Forum 2021 JAPAN. The focus will be on how to realize the ambitious net-zero targets that many countries have committed to and how Hitachi and Hitachi Energy are contributing to establishing a society that is more sustainable, flexible, and secure.
One of the related topics is the importance of digitalization which is critical for overcoming the complexity and capacity challenges brought about by the larger volumes of variable renewable energy being integrated into the world’s energy system.
Hitachi Energy reflects the rapidly evolving energy landscape and the opportunity to create economic, environmental and social value. The business formally registered Hitachi Energy Ltd. on 30 June 2021, and is currently undertaking the formal process for the change of names globally, with the exception of China where the business will transition at a later date. Hitachi Ltd. has an 80.1 % stake in the joint venture which started operations on 1 July 2020, and ABB Ltd. holds the balance.
Source: Hitachi Energy