Hitachi announces initiatives aligned with Japan - U.S. strategic investments
To advance grid modernization and electrification initiatives, today, Hitachi signed a Memorandum of Understanding (MoU) with the United States Department of Commerce ("DOC"). This agreement aims to promote investment in energy infrastructure that is essential for powering data centers and drive the sustainable AI revolution. Based on the MoU, Hitachi is exploring further expansion of Hitachi Energy's manufacturing activities, including additional transformer production capacity, and will evaluate further opportunities to localize the production of other energy technologies in
The BWRX-300 is a small light-water reactor that enhances economic efficiency while maintaining advanced safety. GE Vernova Hitachi Nuclear Energy*1, a subsidiary of GE Vernova is leading its development and overseas deployment. With a proven track record in the design, procurement, and manufacturing of nuclear power plants, and deep technical expertise, Hitachi is committed to supporting SMR construction through the provision of equipment and engineering services - helping to ensure a stable power supply that meets the growing electricity demand.
*1 GE Vernova holds 60% of the shares in GE Vernova Hitachi Nuclear Energy while Hitachi holds 40%.
"Energy is the lifeblood of economic strength in the 21st century. As strongly supported by today's announcement, Hitachi stands with both governments of
Hitachi's contribution to
modernizing the
In
*2 Press release on
Hitachi's contribution to SMR development
The BWRX-300 has been selected for the first SMR project in
*3 Hitachi holds 80.01% of the shares in Hitachi GE Vernova Nuclear Energy while GE Vernova holds 19.99%.
*4 Press release on
About Hitachi
,
Ltd.
Through its Social Innovation Business (SIB) that brings together IT, OT(Operational Technology) and products, Hitachi contributes to a harmonized society where the environment, wellbeing, and economic growth are in balance. Hitachi operates globally in four sectors – Digital Systems & Services, Energy, Mobility, and Connective Industries – and the Strategic SIB Business Unit for new growth businesses. With Lumada at its core, Hitachi generates value from integrating data, technology and domain knowledge to solve customer and social challenges. Revenues for FY2024 (ended
Media Contact
Global Communications Department
Global Brand Communications Division
Hitachi, Ltd
+81 80‐2176‐3690
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