。、。 Hitachi Ltd. 。 ABB, 2020 ABB, 2021 。
ABB has completed the previously announced divestment to Hitachi, Ltd. (Hitachi) of its remaining 19.9percent equity stake in the Hitachi Energy joint venture that was formed from ABB''s Power Grids business in 2020, with Hitachi holding a stake of 80.1 percent. Hitachi has exercised its call option that was agreed between the parties in December 2018. Through the divestment, ABB has realized a net positive cash inflow of approximately $1.425 billion in the fourth quarter 2022.
ABBis a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future. The company''s solutions connect engineering know-how and software to optimize how things are manufactured, moved, powered and operated. Building on more than 130 years of excellence, ABB''s ~105,000 employees are committed to driving innovations that accelerate industrial transformation.
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.
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.
In July 2020, ABB divested its power grid business and sold 80.1% of that to Hitachi Ltd., leading to the formation of 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]
Hitachi Energy offers high-voltage switchgear and breakers, high-voltage direct current, transformers, substations, and power-system automation.
The Hitachi Group in Europe is expanding its already significant presence through the growth of its 3 strategic sectors.
Hitachi develops and supplies an extensive range of highly efficient and reliable power systems throughout the world. We are also a total system supplier of Rail and vehicle electrification solutions.
We have been a leading global supplier of IT systems for over 60 years. We cover every stage of your digital journey.
Hitachi''s Connective Industries are the backbone of our efforts to solve society''s biggest challenges.
Consisting of 122 individual companies and supported by the diversity and passion of 42,000 employees, Hitachi Group in Europe delivers the European operations of the global Hitachi Group.
Hitachi in Europe comprises 138 sector-leading companies operating across 21 European countries. Use the directory below to find which group companies operate in your country.
We are a climate change innovator – helping governments, cities and companies to cut carbon.
Currently, the world is facing its greatest challenges politically and economically due to global instability. In this climate of uncertainty, Hitachi''s ambition to become a global leader in providing innovative solutions to meet these societal challenges has never been stronger.
Strategic Corporate Venture Capital (sCVC) enables a win-win situation between Hitachi businesses and world-class entrepreneurs through intense collaboration and partnering.
Our features give a closer look into Hitachi''s projects and how they help contribute to a more sustainable society.
The People of Hitachi Podcast focuses on Hitachi employees doing incredible work across the business. See how they inspire the world and fulfil Hitachi''s mission of contributing to society.
Zurich,1 July, 2021 – Hitachi ABB Power Grids today announced that it will be evolving to become Hitachi Energy from October 2021. The decision to change name has board and shareholder consent and coincides with the business'' first-year anniversary since it started operations on 1 July, 2020. Hitachi Ltd. has an 80.1 percent stake in the joint venture and ABB Ltd. holds the balance.
Headquartered in Zurich, Switzerland, the global technology and market leader brings a rich heritage of pioneering breakthroughs, which have helped to increase access to safe, secure, and reliable electricity for more than one century. These range from pioneering innovations such as long distance commercial HVDC1 technology, that enables countries to efficiently transmit large amounts of power with minimum losses over thousands of kilometers while reducing carbon footprint, to providing microgrids and energy storage solutions that combined with state-of-the-art intelligent control systems, ensure reliable distributed power availability. The business has played a leading role enabling a stronger, smarter and greener global energy system.
Toshiaki Higashihara, Executive Chairman and CEO of Hitachi, said, "With climate change and increasing natural disasters, there is a need to solve three social issues worldwide: environment, resilience, and security and safety." He continued, "Hitachi ABB Power Grids provides a variety of solutions that solve these social issues, and by changing the company name to Hitachi Energy, we are further strengthening our commitment to the realization of a sustainable society. Hitachi and Hitachi Energy will contribute to solve social issues and improve people’s QoL by realizing social innovation in the energy field with customers and partners."
Keiji Kojima, President and COO of Hitachi, said, "To realize a sustainable society, the use of digital technology is becoming indispensable in all fields." He continued, "In the energy field, power grids are expected to be at the core of innovation since they have high affinity with digital technology, and I am confident that Hitachi Energy will lead this innovation. Hitachi will combine digital technologies such as Lumada with Hitachi Energy’s advanced energy technologies to provide innovative energy solutions that create social, environmental and economic values."
“The energy landscape continues to evolve and so do we," said Claudio Facchin, CEO of Hitachi ABB Power Grids. He continued, "With our new name ''Hitachi Energy'' we are broadening our commitment to creating further value for customers, our employees and society. The past year has been demanding for everyone, but we look forward with optimism. I am proud of our talented people in 90 countries, and through our passion, authenticity and culture of diversity and inclusion, we continue on our journey – Powering good for a sustainable energy future, pioneering and digital technologies, as the partner of choice for enabling a stronger, smarter and greener energy system."
Hitachi ABB Power Grids will change its name to Hitachi Energy from October. At the same time, we will change our corporate brand to the Hitachi brand and use it for external and internal communications. The business formally registered Hitachi Energy Ltd. on 30 June, 2021 and is now undertaking the formal process for the change of names globally.
(1) Hitachi ABB Power Grids invented commercial HVDC technology almost seven decades ago, which enables electricity to be efficiently transmitted over thousands of kilometers with minimal energy losses.
(2) International Energy Agency''s ''Net Zero by 2050 Report: A Roadmap for the Global Energy Sector''.
Hitachi ABB Power Grids is a global technology leader with a combined heritage of almost 250 years, employing around 36,000 people in 90 countries. Headquartered in Switzerland, the business serves utility, industry and infrastructure customers across the value chain, and emerging areas like sustainable mobility, smart cities, energy storage and data centers. With a proven track record, global footprint and unparalleled installed base, Hitachi ABB Power Grids balances social, environmental and economic values. It is committed to powering good for a sustainable energy future, with pioneering and digital technologies, as the partner of choice for enabling a stronger, smarter and greener grid. https://
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