Hitachi Energy has enabled more than 150GW of high voltage direct current (HVDC) links around the world integrated into the power system.
The amount, which is sufficient to meet the peak power demand for Japan, includes the recent delivery of the first power from the UK offshore wind farm Dogger Bank.
Since 2020, when Hitachi began its strategic investment, Hitachi Energy has increased its workforce by more than 8000.
Within the same period, the company also invested $3bn in manufacturing and engineering, R&D and in expanding collaboration and establishing the company to become “the strategic partner throughout the customers’ entire life cycle”.
Claudio Facchin, CEO of Hitachi Energy (pictured), said: “Electricity will be the backbone of the entire energy system and will help to drive the clean energy transition.
“Today’s announcement shows how we are enabling our customers to accelerate the development of the power grids that energy system requires.”
The continuing investments are in line with the Hitachi Energy 2030 Plan and Hitachi’s Mid-term Management Plan 2024.