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Hitachi Energy and Equinor Signed an Agreement to Collaborate on Renewable Energy Generation and Low-Carbon Economy at Their Offices Worldwide. The Agreement, However, Was Not Signed in Brazil.
A Hitachi Energy, a global leader in technology that is promoting a sustainable energy future for all, announced that it has signed a strategic collaboration agreement with Equinor, one of the largest energy companies in the world, to collaborate on initiatives for electrification, renewable energy generation and low-carbon economy worldwide.
The agreement underscores the commitment of both companies to accelerating the energy transition and advancing a more sustainable, flexible, and secure energy system. It builds on the long and successful collaboration of the two companies over many decades.
During this time, Hitachi Energy has provided Equinor with power grid solutions and pioneering technologies across several projects, such as Dogger Bank A, B, and C, the world’s largest offshore wind farm nearing completion, and Troll A, the world’s first HVDC power connection from land.
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Energy Transition by Mid-Century: Hitachi Energy and Equinor Are Happy to Continue with a Relevant and Long-Term Project
The initial focus areas for collaboration include the development of standardized base projects to be applied to high-voltage direct current (HVDC) and alternating current (AC) transmission systems to connect offshore wind farms and Equinor’s production facilities to the mainland power grids.
“We are very happy to deepen our long-standing relationship with one of the leading energy companies in the world and help Equinor achieve its ambition of becoming net zero by mid-century”, said Niklas Persson, Managing Director of Hitachi Energy’s grid integration business.
“Together we form a strong team that will support society in achieving the goals of the Paris Agreement and create a sustainable energy future for all”, he continues.
“Hitachi Energy has been a trusted supplier to Equinor for many years. This strategic collaboration agreement is a sign of joint ambitions to enhance our competitiveness in the ongoing energy transition. Standardizing technical solutions will be key to success, and we look forward to improving alongside Hitachi Energy”, said Geir Tungesvik, Executive Vice President of Projects, Drilling, and Procurement at Equinor.
What Is the Scope of the Project to Achieve Low-Carbon Economy and Renewable Energy Goals?
The scope of the agreement encompasses the full spectrum of Hitachi Energy’s technology and power grid solutions portfolio. It includes IdentiQTM, Hitachi Energy’s digital twin for high voltage direct current (HVDC) and power quality solutions, which provide significant benefits throughout the lifecycle of asset planning, construction, operation, and maintenance.
In addition to Grid-eXpandTM, modular and prefabricated offshore and onshore grid connections that make connecting facilities to the grid faster, simpler, and more efficient; OceaniQTM solutions such as transformers and high-voltage products that can operate seamlessly onshore, offshore, and below the sea surface; and network automation solutions that keep onshore and offshore electrical assets operating reliably, securely, and protected.
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