(Offshore-energy.biz) Hitachi Energy is planning to invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years, to accelerate the energy transition.
The investment, complementing the recently announced $1.5 billion investment to ramp up global transformer production, is expected to enable Hitachi Energy to meet customers’ commitments and market demand, increasing its global R&D, engineering and manufacturing capacity of transformers, high-voltage direct current (HVDC) and high-voltage products.
It is also set to support the deployment of power electronics-based solutions, grid automation and software solutions, and services in line with the Hitachi Energy 2030 Plan. Investments will also go into partnerships, supply chain, digitalization and automation.
Read complete article: https://www.offshore-energy.biz/hitachi-energy-investing-4-5b-to-accelerate-energy-transition-new-jobs-on-the-horizon/
Brazil Energy Insight 
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