Hitachi Energy, a provider of power grid solutions and electrification technology, is accelerating its global expansion efforts with an additional $250 Million Investment to boost transformer production, the company announced at CERAWeek.
The investment builds on Hitachi Energy’s announced $6 billion commitment to expanding its manufacturing and supply chain capabilities. The funding will enhance production at the company’s transformer facilities in Virginia, Missouri, and Mississippi while also strengthening operations in Asia, South America, and Europe.
As global electrification efforts gain momentum, the demand for transformers has reached unprecedented levels, driven by increased renewable energy integration, expanded grid interconnections, and the electrification of transportation.
Hitachi Energy, one of the world’s largest transformer manufacturers, plays a critical role in supplying key infrastructure to support these developments. The company’s investments aim to mitigate ongoing supply chain challenges and enhance production capacity.
“The demand for transformers and grid infrastructure is rising at an unprecedented scale and pace,” said Andreas Schierenbeck, Chief Executive Officer of Hitachi Energy. “As the world’s largest transformer manufacturer, we have a responsibility to expand our capacity and accelerate the delivery of transformers and essential components, helping the industry scale up faster and advance critical infrastructure projects.” He added.
This expansion is part of a broader strategy to modernise production with sustainable manufacturing technologies while ensuring high safety and quality standards. Hitachi Energy remains committed to achieving carbon neutrality by 2030, with these investments poised to create long-term economic and environmental benefits for local communities
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