Hitachi Energy wins over 2 billion euro order from Amprion [Yahoo! Finance]
HITACHI LTD ADR (HTHIY)
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Source: Yahoo! Finance
HVDC Light® technology supports the TSO's strategy to deliver Germany's Net-Zero targets Hitachi Energy HVDC Light Valve Hall Representative image of a HVDC Light valve hall Zurich, Switzerland, Dec. 20, 2024 (GLOBE NEWSWIRE) -- Hitachi Energy has signed contracts totaling over 2 billion euros with German transmission system operator (TSO) Amprion to deliver four converter stations for two high-voltage direct current (HVDC) links that will support Germany's clean energy transition. These orders follow the capacity reservation agreement signed in September 2023, under which Hitachi Energy was selected as the preferred supplier for four converter stations to be built at the grid connection points in Heide, Wilhelmshaven, Polsum, and Hamm. The contracts fulfill a capacity reservation agreement that forms part of Hitachi Energy's strategy to allow it to reserve and expand manufacturing resources and its workforce to deliver projects on time. The HVDC links, known as V48 and V49,
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