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Hitachi Energy

Technology company From Wikipedia, the free encyclopedia

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Hitachi Energy Ltd. is a technology company headquartered in Zurich, Switzerland. The company's products include high-voltage equipment, transformers, and services for renewable energy.

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The company is a subsidiary of multinational conglomerate Hitachi Ltd. The company was formerly known as Hitachi ABB Power Grids, following a joint venture with Hitachi Ltd. and ABB Power Grids in 2020, and was rebranded in 2021 as Hitachi Energy Ltd.

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History

Predecessor companies and formation

In July 2020, following an agreement signed in 2018, ABB sold 80.1% of its Power Grids division to Hitachi Ltd.. The resulting joint venture began operating as Hitachi ABB Power Grids.[1]

In October 2021, Hitachi ABB Power Grids changed its company name to Hitachi Energy. In December 2022, it was confirmed that Hitachi acquired the remaining 19.9 percent shares from ABB Ltd.[2]

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Notable projects

Hitachi Energy has been involved in several notable projects, such as:

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See also

References

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