Photo: Hitachi ABB Power Grids
Hitachi ABB Power Grids has announced that it will be evolving to become Hitachi Energy from October 2021.
The decision to transition to the Hitachi Energy name reflects the company’s dedication to creating a sustainable energy future. Hitachi aims to use its digital technologies to serve existing and future customers, going beyond the grid – opening up a breadth of opportunities in areas like sustainable mobility, smart life, and data centers, the company said in a press release.
“With climate change and increasing natural disasters, there is a need to solve three social issues worldwide: environment, resilience, and security and safety,” said Toshiaki Higashihara, Executive Chairman and CEO of Hitachi. “Hitachi ABB Power Grids provides a variety of solutions that solve these social issues, and by changing the company name to Hitachi Energy, we are further strengthening our commitment to the realization of a sustainable society. Hitachi and Hitachi Energy will contribute to solve social issues and improve people's QoL by realizing social innovation in the energy field with customers and partners.”
Keiji Kojima, President and COO of Hitachi, said, “To realize a sustainable society, the use of digital technology is becoming indispensable in all fields.” He continued, “In the energy field, power grids are expected to be at the core of innovation since they have high affinity with digital technology, and I am confident that Hitachi Energy will lead this innovation.”
“The energy landscape continues to evolve and so do we,” said Claudio Facchin, CEO of Hitachi ABB Power Grids. He continued, “With our new name ‘Hitachi Energy’ we are broadening our commitment to creating further value for customers, our employees and society. The past year has been demanding for everyone, but we look forward with optimism.”
Hitachi ABB Power Grids will change its name to Hitachi Energy from October 2021. At the same time, the company will change its corporate brand to the Hitachi brand and use it for external and internal communications. The business formally registered Hitachi Energy Ltd. on 30 June, 2021 and is now undertaking the formal process for the change of names globally, the company said in a press release.
Source: Hitachi ABB Power Grids