Press Release – 09-12-2024

• The company invests in a new renewable energy plant, to be inaugurated by the summer 2026
• The goal is to become carbon neutral in its own operations by the year 2030

Hitachi Energy is investing in a new renewable energy generation plant, adjacent to its factory, which is another step toward becoming carbon neutral in its own operations.

The new renewable energy facility provides a sustainable and long-term solution for the Figeholm factory – producing cellulose-based insulation materials for power transformers – in line with the Hitachi Energy Sustainability 2030 Strategy to be carbon-neutral in its own operations by the year 2030. Wood pellets obtained from sustainable sources following globally recognized standards on sustainable biofuels, will be used as an energy source. The process includes a heating installation with a steam boiler, which supplies energy to the presses that will now utilize wood pellets. The transition from heavy oil to pellets will contribute to significantly reducing the factory’s direct Scope 1 GHG¹ carbon emissions and thus lower the carbon footprint of the insulation material produced. .

Hitachi Energy’s main purpose is to accelerate the clean energy transition, and this starts with our own footprint by aiming to become carbon neutral in our operations by 2030.

Tobias Hansson
Country Managing Director
Hitachi Energy in Sweden

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The factory in Figeholm has a long history of paper board manufacturing that stretches back almost a hundred years. The paper is manufactured for insulation purposes, with high purity and mechanical and dielectric strength prepared for the high and demanding performance in power transformers. As critical components of the power system, transformers transform voltage levels to enable efficient power generation, transmission and distribution. Hitachi Energy has a strong heritage as a world-leader transformers manufacturer in Sweden, Europe and the rest of the world, having the largest transformers installed base globally.

Figeholm is a great example of how we are strongly committed to lead the energy transition urgency through our own operations across the world. The company is continuously investing in major expansions, driven by the accelerating transition to renewable energy, and we at the Transformers Business Unit are heading up the way to meet our customers demand with the highest sustainability standards.

Norbert Beatrix
Hub Manager Europe Region
Business Unit Transformers
Hitachi Energy

Today, around 120 people work at the factory in Figeholm, all of whom will participate in training on the new solution. The energy plant is expected to be completed in the summer of 2026.

Hitachi Energy currently has approximately 6,500 employees in Sweden. The company counts with several manufacturing facilities across the country, with the largest operations in Ludvika and Västerås.

References

¹1 Scope 1 GHG: Direct
GHG emissions occurring from sources that are owned or controlled by the
company. Source: Corporate Accounting & Reporting Standard, GHG Protocol.

About Hitachi Energy

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We are advancing the world’s energy system to be more sustainable, flexible and secure and we collaborate with customers and partners to enable a sustainable energy future – for today’s generations and those to come. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries, serving customers in utility, industry, transportation, data centers and infrastructure sectors. With innovative technologies and services including the integration of more than 150 gigawatts of HVDC links into the power system, we help make the energy value chain more efficient, making electricity more accessible to all. Together with stakeholders across sectors and geographies, we enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. Headquartered in Switzerland, we employ around 45,000 people in 60 countries and generate business volumes of around $13 billion USD.

https://www.hitachienergy.com
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About Hitachi, Ltd.

Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers’ and society’s challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company’s website at https://www.hitachi.com.

Source : Hitachi Energy