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Hitachi Energy and Equinor signed an agreement to collaborate for renewable energy generation and low-carbon economy at their headquarters spread across the world. The agreement, however, was not signed in Brazil.
A Hitachi Energy, A world technology leader that is advancing 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 within the initiatives of electrification, generation of renewable energy and low carbon economy around the world.
The agreement underlines the commitment of both companies to accelerate the energy transition and move towards a more sustainable, flexible and secure energy system. It builds on the two companies' long and successful collaboration over many decades.
During that time, Hitachi Energy provided Equinor with grid solutions and pioneering technologies on several projects, such as Dogger Bank A, B and C, the world's largest offshore wind farm nearing completion, and Troll A, the first connection HVDC power the world, from the earth.
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Energy transition by mid-century: Hitachi Energy and Equinor are happy to continue with a relevant and long-standing project
Initial areas of focus for the collaboration include the development of standardized baseline designs to be applied for high voltage direct current (DC) and alternating current (AC) transmission systems to connect Equinor's offshore wind farms and production facilities to mainland power grids.
“We are delighted to deepen our longstanding relationship with one of the world's leading energy companies and help Equinor achieve its ambition to become net zero by mid-century”, said Niklas Persson, managing director of Hitachi Energy's network integration business.
“Together we form a strong team that will support society to achieve the goal of the Paris Agreement and create a sustainable energy future for all”, continues.
“Hitachi Energy has been a trusted supplier to Equinor for many years. This strategic collaboration agreement is a sign of our joint ambitions to increase our competitiveness in the ongoing energy transition. Standardization of technical solutions will be a key to success, and we look forward to improving together with Hitachi Energy,” said Geir Tungesvik, Executive Vice President of Projects, Drilling and Procurement at Equinor.
How is the scope of the project to achieve the low carbon economy and renewable energy targets?
The scope of the agreement encompasses the full spectrum of Hitachi Energy's portfolio of power grid technologies and solutions. It includes IdentiQTM, Hitachi Energy's digital twin for high voltage direct current (HVDC) and power quality solutions, which deliver significant benefits throughout the asset planning, construction, operation and maintenance lifecycle.
In addition to the Grid-eXpandTM, modular and prefabricated offshore and onshore network 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 flawlessly on land, offshore and below the sea's surface; and grid automation solutions that keep onshore and offshore electrical assets operating reliably, safely and securely.
