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Hitachi, Ltd. [nb 1] (Japanese pronunciation: [çi̥taꜜtɕi]) is a Japanese multinational conglomerate founded in 1910 and headquartered in Chiyoda, Tokyo.The company is active in a range of industries, including digital systems, power and renewable energy, railway systems, healthcare products, and financial systems. [4]
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]
The order backlog of the company has more than tripled since 2020 with the U.S. making a substantial contribution. Hitachi Energy has added over 8,000 employees between 2020-2023, including more than 1,200 in the U.S. In North America, we have already announced over $150 million USD of investments and future investment plans are under ...
In Canada, the organization was known as GE Hitachi Nuclear Energy Canada and its purpose is to provide fuel and service nuclear power plants that operate on heavy water reactors made by Atomic Energy Canada. [3] In 2016, GE and Hitachi sold GE Hitachi Nuclear Energy Canada to BWXT Canada Ltd. and renamed BWXT Nuclear Energy Canada [5] [6] [7] [8]
In November 2012, MHI and Hitachi agreed to merge their thermal power generation businesses into a joint venture to be owned 65% by MHI and 35% by Hitachi. [23] [24] The joint venture began operations in February 2014 and ended in 2020, as Hitachi transferred its shares to MHI. [23] [24] [25]
A back-to-back station has no transmission line and joins two separate AC grids at a single point. Historical HVDC systems used the Thury system of motor-generators but these have all been made obsolete by later developments such as mercury-arc valves (now also obsolete), thyristors, and IGBT power transistors.
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Coffeen Power Station was a 915 megawatt coal power plant located south of Coffeen, Illinois, near Coffeen Lake State Fish and Wildlife Area in Montgomery County, Illinois. The plant was owned by Vistra Energy. Coffeen began operations in 1965 and was shut down on November 1, 2019. [1]