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Shedding light on the Hitachi/ABB joint venture and why renewables play a key role
Renewable Energy World: During DISTRIBUTECH 2019, Terrance Donnelly, COO at ComEd said that utilities aren’t in the utility business anymore. Perhaps the same can be said for major energy players like GE, ABB and Hitachi who are also transforming their organizations to meet the renewable future.
In December, Hitachi said that it plans to acquire ABB’s power grids business, which includes Grid Automation, Grid Integration, and High Voltage Products and Transformers. Hitachi’s existing power systems business includes wind power generation and nuclear power generation. Hitachi also has a transmission and distribution system business unit.
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