Energy giant lands record $250M grid order

Hitachi Energy has received an order from Svenska Kraftnät worth SEK 2.5 billion for transformers and reactors, reports Di.

“As we understand it, this is the single largest order ever for power transformers to the Swedish market. It’s also one of the biggest transformer and reactor orders ever for our Ludvika factory, which will handle the design, production and installation,” says Tobias Hansson, CEO of Hitachi Energy to Di.

According to Svenska Kraftnät, this is part three of a large SEK 3.1 billion total order.

“We’ve seen delivery times explode for components critical to the power system like these. It feels really good to have secured our needs for the next eight years,” says Per Eckemark, Head of the Grid Division at Svenska Kraftnät to the newspaper.

The record-breaking order highlights growth in demand for power grid infrastructure amid the energy transition. Hitachi’s Ludvika factory will play a key role in fulfilling this crucial order for Sweden’s national grid operator over an extended period.

The translation was written by an AI system, though the original text was authored by a human. Read the original article here