Hitachi Energy Ltd. is a technology company headquartered in Zurich, Switzerland. The company's products include high-voltage equipment, transformers, and services for renewable energy.
The company is a subsidiary of multinational conglomerate Hitachi Ltd. The company was formerly known as Hitachi ABB Power Grids, following a joint venture with Hitachi Ltd. and ABB Power Grids in 2020, and was rebranded in 2021 as Hitachi Energy Ltd.
History
Predecessor companies and formation
In July 2020, following an agreement signed in 2018, ABB sold 80.1% of its Power Grids division to Hitachi Ltd. The resulting joint venture began operating as Hitachi ABB Power Grids.[1]
In October 2021, Hitachi ABB Power Grids changed its company name to Hitachi Energy.