Cookie Consent by Privacy Policies Generator website Hitachi Energy goes Live : GoDubai.com

GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

    Share

The global technology and market leader in power grids is committed to advancing a sustainable energy future for all

Dubai, October 13, 2021 – Further to its press release on July 1, 2021, the global technology leader today announced its evolution to Hitachi Energy. Formerly Hitachi ABB Power Grids, the business has renewed its Purpose to ‘advancing a sustainable energy future for all'. 

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.” He continued, “By 2050, global electrification will near‐double in demand1 and electricity will be the backbone of the entire energy system. At Hitachi Energy we have pioneered many of the technologies needed for advancing a sustainable energy future for all – and we are committed to continue pushing the boundaries of innovation. Delivering on the promise of a carbon-neutral future will take passion, trust and innovation – and the benefits will be for our generations and those to come. With our new name – Hitachi Energy – we are broadening our commitment to creating real impact for our customers and partners, our people and society.”

The carbon-neutral energy system will be highly interconnected and HVDC2, 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 the market leader in HVDC, Hitachi Energy is contributing to many of these interconnections, such as the recently announced award of Saudi Arabia – Egypt HVDC interconnector (October 5, 2021) – the first ever large-scale interconnector in the Middle East and North Africa and the start of operation of North Sea Link (October 1, 2021) – at 720 kilometers, NSL is the world's longest subsea interconnector linking Norway and the UK, enabling the exchange of renewable energy between the countries.
To complement interconnections and meet the growing need for energy system flexibility, Hitachi Energy is also supporting customers with grid edge solutions such as microgrids and energy storage. A recent example can be seen in Cordova, Alaska, where the community has been able to reduce its reliance on fossil fuels, whilst gaining energy independence.  

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. For example, by combining advanced digital solutions and services, Lumada Asset Performance Management provides health and performance insights to prevent critical asset failures while optimizing asset lifecycle costs. It enables customers to leverage online and offline data to drive more intelligent, risk-based approaches to asset management.

Hitachi Energy is fostering collaboration with customers and partners to find global solutions to solve the global challenge of an inclusive and equitable carbon-neutral future. Earlier this year, the business launched EconiQ™ – its eco-efficient portfolio which delivers a superior environmental performance compared to conventional solutions. Its EconiQ high-voltage offering is proven to significantly reduce the carbon footprint throughout the total life-cycle. The business also recently launched a portfolio of transformer products for offshore floating applications, designed to overcome the challenging offshore environment and efficiently harvest and integrate wind into the global energy system, directly supporting the transition to a sustainable energy future. 

Hitachi Energy has placed sustainability at the heart of its Purpose:
Advancing a sustainable energy future for all

We are advancing the world's energy system to be more sustainable, flexible and secure. As the pioneering technology leader, we collaborate with customers and partners to enable a sustainable energy future – for today's generations and those to come.

Through its Sustainability 2030 strategic plan, it is addressing the urgency of the global energy transition and has set clear targets in: Planet, People, Peace and Partnerships. Hitachi Energy has set targets to become carbon-neutral in its own operations and it expects to hit the first-step target achieving 100% fossil-free electricity in its own operations by 2022.

Hitachi Energy reflects the rapidly evolving energy landscape and the opportunity to create economic, environmental and social value. The brand name enables the business to effectively position its pioneering technologies and services to existing and future customers expanding beyond the grid – opening up a breadth of opportunities in areas such as sustainable mobility and smart life.
The business formally registered Hitachi Energy Ltd. on June 30, 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 percent stake in the joint venture which started operations on July 1, 2020, and ABB Ltd. holds the balance. 



Posted by : GoDubai Editorial Team
Viewed 6166 times
Posted on : Wednesday, October 13, 2021  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Trina Solar Scores 100% in 2021 BNEF Bankability Survey
Next Story : Trina Solar Brings the 670w+ Vertex Module to the Middle East & Africa
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
First Technology Event in 2022 in Dubai Opens with a Resounding Success
Shenzhen Brand Products Exhibition Come to Dubai Physically on January 2022
Mysterious Ancient Tombs Reveal 4,500-Year-Old Highway Network in North-West Arabia
Are You Ready for Valentine's Day? - Omega Says 'Show Me Love'
Sony Middle East & Africa Broadens Availability of 360 Spatial Sound Experience ...
Oris Big Crown X Cervo Volante
RAKEZ Facilitates Bank Account Opening for Clients through RAKBANK's Quick Apply...
Ajman University Set to Host the "Year of the Fiftieth" Commencement C...
The First-Ever Chupa Chups Room in the World Launches in Dubai, UAE
Symbols and Colours by Pandora: Little Symbols of Big Dreams
Loeb Closes the Gap Again to Turn Up Dakar Pressure
Maserati: Back to Racing. The First Italian Brand to Compete in the ABB FIA For...
Samsung Launches Galaxy S21 FE 5G - The Ultimate Smartphone Designed for Fans in...
Region's First World of Coffee Opens at Expo 2020 Dubai
Discover The Infectious Waste Disposal Solution at Arab Health
The Best Clean Beauty Brands at THAT Concept Store
Zoho's Dubai Headquarters To Operate On New Working Week
BRX Trio Stage Top Ten Show As Dakar Heads for Finish
United Arab Bank Implements Complete Data Protection for Data Backup, Replicatio...
The Republic of Paraguay's Diversity in Focus as a Tourist Destination at Expo 2020
Arabian Automobiles Wins Two Major Awards: Agency Workshop of the Year, Agency B...
Kuwaiti Photographer Displays Wildlife Photos at Expo 2020 Dubai
Xposure 2022 exhibitions mark a celebration of culture, adventure, beauty, and more
LG Levels Up the Laundry Experience With the Latest in Washing and Drying Solutions
Emirates Post Group in collaboration with Emirates Philatelic Association. UAE ...
Samsung's Monitor Lineup Sets New Record for CE Accolades With Nine Awards
Invesco Outlook: Inflation Sets the Stage for 2022
LG's Newest Innovations Earn Wide Range of Honors at Ces 2022
Ozka's Step Challenge is Back at Global Village with a Chance to Win an Amazing ...
SEHA Announces Closure of Mina Rashid Covid-19 Drive-through Services Center
Enjoy Jashn-E-kebab on Zafran's Outdoor Terrace
IBPC Retail Conclave 2022
Malabar Gold & Diamonds Inaugurates 2 New Showrooms in MG Road, Bengaluru and So...
Al Ghurair Properties Announces Partnership with Siemens to Implement Sustainabl...
SEHA Extends its Working Hours for COVID-19 Drive-Through Services Centers in Ab...
Arabian Automobiles offers Nissan, INFINITI Owners' Industry-Leading Free Pick-U...
Byredo Iconic Scents will Soon be Part of the Immersive Stay Experience at Inter...
Tashkeel Launches 2022 Exhibition Programme with the Work of Six Emirati Photogr...
Dubai Shopping Malls Group's Up to 1 Million Dirhams Prized Weekly Raffles, a Hi...
Dubai Culture and Zoho Partner to Support Digital Transformation for Creative En...
MAX&Co. SS 22 Rock Chic
Sony Exhibits at CES 2022
Joyalukkas Shopper Wins Big in the ongoing DSF Season of Big Winnings'
Stellar Q3 Helps TCS Hit $25 Bn in Annual Revenue
Lenovo's New Yoga PCs Blend Elevated Design with Sustainability
International Panel of Experts to Decide Honoree(s) of Zayed Award for Human Fra...
Chile Pavilion Showcases Destination Diversity at Tourism Week
LG Joins IBM Quantum Network for Advance Industry Applications of Quantum Computuing
Advanced Ford F-150 Boasts an All-New SYNC 4 and its Host of Innovative Technolo...
SEHA Wins Two Globally Recognized Awards for Excellence in Nursing Healthcare