Hitachi Energy – Hitachi Energy to invest additional $4.5 billion by 2027 to accelerate the clean energy transition

• Order backlog more than tripled to over $30 billion since 2020
• More than double new investments in manufacturing, engineering, digital, R&D and partnerships across all major markets from 2024 to 2027
• Around $330 million in capacity expansion, modernization, and new build in Sweden, across all product portfolios with additional 2,000 employees
• Global Technology and Innovation Center in India will increase to more than 4,000 employees to serve more than 40 countries

Hitachi Energy will invest an additional $4.5 billion in manufacturing, engineering, digital, R&D and partnerships by 2027, doubling the investments done in the last three years. This complements the recently announced $1.5 billion investment in April this year to ramp up global transformer production.

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