Hitachi ABB Power Grids evolving to become Hitachi Energy
The Peninsula
Hitachi ABB Power Grids yesterday announced that it will be evolving to become Hitachi Energy from October 2021.
The decision to change name has board and shareholder consent and coincides with the business’ first-year anniversary since it started operations on 1 July, 2020. Hitachi Ltd. has an 80.1 percent stake in the joint venture and ABB Ltd. holds the balance. Headquartered in Zurich, Switzerland, the global technology and market leader brings a rich heritage of pioneering breakthroughs, which have helped to increase access to safe, secure, and reliable electricity for more than one century.
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