Hitachi Energy receives record order from Svenska kraftnät
Hitachi Energy has signed a framework agreement with Svenska kraftnät, which carries out investments to strengthen the Swedish grid and enable the energy transition.
Image credit: Hitachi Energy
Sweden, Stockholm: Hitachi Energy has signed a framework agreement with Svenska kraftnät, which carries out investments to strengthen the Swedish grid and enable the energy transition. The main goal of the modernization and expansion of the main grid is to enable the electrification of industrial processes, the transport sector and society at large. Electricity use will double by 2045, totalling 300 TWh, which is why extensive investments are necessary in grid infrastructure such as transformers and reactors.
The agreement includes large transformers up to 750 MVA and shunt reactors of 400 kV in varying power ranges. The technology will be delivered to Svenska kraftnät’s existing substations for upgrades and to new stations that will be built to meet the increased electricity demand. This is one of the largest transformer and reactor orders ever for the company’s factory in Ludvika, responsible for the supply of the transformers (design, production, and installation). Delivery is planned from 2027 until 2032.
“We are very glad and grateful to be a long-term partner to Svenska kraftnät and look forward to delivering our pioneering technology and expertise. We are committed to supporting the energy transition and accelerating Sweden’s energy system to become more sustainable, flexible, and secure,” Tobias Hansson, Country Managing Director of Hitachi Energy in Sweden, said.
Last year, the company signed one of Sweden’s largest export contracts in history. It recently announced a major investment and expansion of the Ludvika site, part of the expansion plan to invest about $330 million (3.7 billion SEK) expanding its operations in Sweden across the entire product portfolio and recruiting an additional 2000 employees by 2027.
Source: Hitachi Energy
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