Home / Industry / Energy /  Hitachi Energy inaugurates advanced power system factory in Chennai

New Delhi: Hitachi Energy on Thursday inaugurated a new high-voltage direct current (HVDC) and power quality factory in Chennai to tap the growing electricity demand.

These pioneering solutions are key for growth in transmission, especially for the integration of renewables and electrical grid stability, the company said.

“The new factory will manufacture advanced power electronics for HVDC Light , HVDC Classic, and STATCOM, together with MACH control and protection system, the brain behind our advanced transmission and power quality solutions," it said in a release.

The factory will deliver advanced solutions to support the acceleration of the energy transition, enabling Hitachi Energy to increase its production capacity, it added.

It will serve both the fast growing Indian market as well as the large global demand for clean energy solutions to integrate renewables at scale and at speed that it is needed.

It is the latest HVDC factory built and the world’s second testing lab of power quality control solutions. It will cater to the rising number of high-voltage transmission projects in India and export to support global HVDC installations.

“To get to a sustainable, flexible and secure energy system, both sustainability and energy security will be at the center of the efforts for advancing a sustainable energy future for all," said Claudio Facchin, CEO of Hitachi Energy.

“Accelerating and anticipating investments in grid infrastructure and in innovation, people and modern production facilities are of key importance as we can build upon it and expand as the energy system evolves... Within the next few years, India foresees a significant number of HVDC projects to enable India’s net-zero vision," said N Venu, Managing Director and CEO, India & South Asia, Hitachi Energy.

“Building our new facility will help accelerate production and help our customers to advance a sustainable energy future for all. It is a step towards meeting the increased demands to supply clean, safe, and secure energy solutions."

As electricity becomes the backbone of the future energy system, India has set the target to meet half of the total power generation from renewables by 2030. Achieving this will require the bulk transmission of clean energy over long distances and balancing the national grid for intermittencies, for which HVDC and power quality are the ideal solutions.

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Recommended For You
Get alerts on WhatsApp
Set Preferences My ReadsWatchlistFeedbackRedeem a Gift CardLogout