Zurich, Switzerland, Jan. 27, 2022 (GLOBE NEWSWIRE) — Hitachi Energy today announced that it has achieved the first–step target set out in its Sustainability 2030 plan "" the use of 100% fossil–free electricity in its own operations(1*). The company is driving towards being carbon–neutral in its own operations by 2030(2**), in line with its Purpose, "Advancing a sustainable energy future for all'.

"By achieving 100% fossil–free electricity in our own operations, we have reduced our CO2 equivalent emissions by over 50% compared to 2019," says Claudio Facchin, CEO of Hitachi Energy. He continued, "The Net Zero challenge is global and it's about acting now, innovating and collaborating across countries, industries and societies. Together with customers, partners, and all stakeholders, we are advancing the world's energy system to be more sustainable, flexible and secure."

The targeted 50% reduction achieved ahead of plan will amount to approximately 175 kilo tonnes of CO2e per year, equivalent to removing over 35,000 passenger cars off the road.

To achieve 100% fossil–free electricity in its own operations "" and in support of the Hitachi Group's carbon–neutrality goal(3***) "" the company has pursued a number of pathways including supporting projects to generate its own fossil–free electricity, such as installing solar roof panels combined with e–meshTM digital solutions for distributed energy resources maximizing energy efficiency and minimizing CO2 emissions. In its Zhongshan factory in China, the company is generating nearly 20% of its total energy consumption from solar panels. In its first year of operation, the power generated at the factory is expected to reach 1,510 megawatt hours (MWh), contributing to the reduction in annual carbon emissions by more than 1,000 tonnes.

To achieve 100% fossil–free electricity, Hitachi Energy has also switched to green tariffs, bought Energy Attribute Certificates (EACs), and signed Power Purchase Agreements (PPAs) across its operations and facilities in 90 countries.

Looking ahead, Hitachi Energy is continuing to invest in its journey towards carbon–neutrality by further increasing energy efficiency, as well as electrifying its own operations. In Ludvika, Sweden, the company is now using 100% renewable electricity generated from hydropower and from solar panels to support its operations. Ludvika, which is one of Hitachi Energy's largest production facilities, has gone beyond tackling its electricity supply and is now close to removing the use of all fossil fuels from the whole of its operations.

The company has a track record of implementing its own technologies in its operations to enable the integration of renewable energy. For example, in 2015 its South Africa operations installed a 750 kW rooftop photovoltaic plant and a 1 MVA/380 kWh battery–based PowerStoreTM for enhancing the use of renewables and providing a continuous supply of power.

Through its Sustainability 2030 plan and targets, the company reinforces its commitment to accelerating actions driving business in a sustainable way. Based around four pillars "" Planet, People, Peace, and Partnerships "" the strategy draws from the UN's Sustainable Development Goals (SDGs), with specific focus on the following eight: 3 (Good health and well–being), 4 (Quality education), 5 (Gender equality), 6 (Clean water and sanitation), 7 (Affordable and clean energy), 12 (Responsible consumption and production), 16 (Peace, justice and strong institutions); and 17 (Partnerships for the Goals). In line with these SDGs, each pillar has corresponding targets that drive the business to contribute social, environmental, and economic value.

Notes
(1*) The contract for its South Korea operations (equivalent to 0.4% total electricity usage) is expected to be signed in February 2022 retrospectively through green tariffs.

(2**) Discover more about Hitachi Energy's approach to Sustainability 2030 here

(3*** ) Hitachi Sustainability Report 2021

About Hitachi Energy Ltd.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon–neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company's consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

Attachment

• Hitachi Energy – Advancing a sustainable energy future for all

GLOBENEWSWIRE (Distribution ID 8464659)

Zurich, Switzerland, Jan. 27, 2022 (GLOBE NEWSWIRE) — Hitachi Energy today announced that it has achieved the first–step target set out in its Sustainability 2030 plan "" the use of 100% fossil–free electricity in its own operations1. The company is driving towards being carbon–neutral in its own operations by 20302, in line with its Purpose, "Advancing a sustainable energy future for all'.

"By achieving 100% fossil–free electricity in our own operations, we have reduced our CO2 equivalent emissions by over 50% compared to 2019," says Claudio Facchin, CEO of Hitachi Energy. He continued, "The Net Zero challenge is global and it's about acting now, innovating and collaborating across countries, industries and societies. Together with customers, partners, and all stakeholders, we are advancing the world's energy system to be more sustainable, flexible and secure."

The targeted 50% reduction achieved ahead of plan will amount to approximately 175 kilo tonnes of CO2e per year, equivalent to removing over 35,000 passenger cars off the road.

To achieve 100% fossil–free electricity in its own operations "" and in support of the Hitachi Group's carbon–neutrality goal3 "" the company has pursued a number of pathways including supporting projects to generate its own fossil–free electricity, such as installing solar roof panels combined with e–meshTM digital solutions for distributed energy resources maximizing energy efficiency and minimizing CO2 emissions. In its Zhongshan factory in China, the company is generating nearly 20% of its total energy consumption from solar panels. In its first year of operation, the power generated at the factory is expected to reach 1,510 megawatt hours (MWh), contributing to the reduction in annual carbon emissions by more than 1,000 tonnes.

To achieve 100% fossil–free electricity, Hitachi Energy has also switched to green tariffs, bought Energy Attribute Certificates (EACs), and signed Power Purchase Agreements (PPAs) across its operations and facilities in 90 countries.

Looking ahead, Hitachi Energy is continuing to invest in its journey towards carbon–neutrality by further increasing energy efficiency, as well as electrifying its own operations. In Ludvika, Sweden, the company is now using 100% renewable electricity generated from hydropower and from solar panels to support its operations. Ludvika, which is one of Hitachi Energy's largest production facilities, has gone beyond tackling its electricity supply and is now close to removing the use of all fossil fuels from the whole of its operations.

The company has a track record of implementing its own technologies in its operations to enable the integration of renewable energy. For example, in 2015 its South Africa operations installed a 750 kW rooftop photovoltaic plant and a 1 MVA/380 kWh battery–based PowerStoreTM for enhancing the use of renewables and providing a continuous supply of power.

Through its Sustainability 2030 plan and targets, the company reinforces its commitment to accelerating actions driving business in a sustainable way. Based around four pillars "" Planet, People, Peace, and Partnerships "" the strategy draws from the UN's Sustainable Development Goals (SDGs), with specific focus on the following eight: 3 (Good health and well–being), 4 (Quality education), 5 (Gender equality), 6 (Clean water and sanitation), 7 (Affordable and clean energy), 12 (Responsible consumption and production), 16 (Peace, justice and strong institutions); and 17 (Partnerships for the Goals). In line with these SDGs, each pillar has corresponding targets that drive the business to contribute social, environmental, and economic value.

Notes
1. The contract for its South Korea operations (equivalent to 0.4% total electricity usage) is expected to be signed in February 2022 retrospectively through green tariffs.

2. Discover more about Hitachi Energy's approach to Sustainability 2030 here

3. Hitachi Sustainability Report 2021

About Hitachi Energy Ltd.

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon–neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, contributes to a sustainable society with a higher quality of life by driving innovation through data and technology as the Social Innovation Business. Hitachi is focused on strengthening its contribution to the Environment, the Resilience of business and social infrastructure as well as comprehensive programs to enhance Security & Safety. Hitachi resolves the issues faced by customers and society across six domains: IT, Energy, Mobility, Industry, Smart Life and Automotive Systems through its proprietary Lumada solutions. The company's consolidated revenues for fiscal year 2020 (ended March 31, 2021) totaled 8,729.1 billion yen ($78.6 billion), with 871 consolidated subsidiaries and approximately 350,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.

Attachment

• Hitachi Energy – Advancing a sustainable energy future for all

GLOBENEWSWIRE (Distribution ID 8463798)

Zurich, Switzerland, Dec. 22, 2021 (GLOBE NEWSWIRE) — Hitachi Energy today announced it has won a major order from Samsung C&T Corporation, one of the world's largest engineering and construction companies, to connect ADNOC's offshore operations to the onshore power grid in the United Arab Emirates owned and operated by Abu Dhabi National Energy Company PJSC (TAQA).

Hitachi Energy's HVDC Light technology and MACHTM digital control platform1 will enable the transfer of cleaner and more efficient power from the mainland to power ADNOC's offshore production operations, enabling a carbon footprint reduction of ADNOC's offshore operations by more than thirty percent.

This innovative solution reinforces Hitachi Energy's commitment to helping customers and countries to transition towards a carbon–neutral future and help enable the "2050 Net–Zero Initiative' of the UAE.

With a capacity of 3,200 megawatts (MW), the two HVDC links will be by far the most powerful power–from–shore solution in the Middle East and North America (MENA) region to date. It is also the first HVDC power–from–shore solution outside Norwegian waters. This innovative solution reflects how Hitachi Energy continues to pioneer technology to address the growing interest from national and independent oil and gas companies to power their offshore production facilities with carbon–free energy from onshore power grids.

"We are proud to be enabling Abu Dhabi and ADNOC to make significant progress on their pathway toward achieving the United Arab Emirates' ambition to be carbon–neutral by 2050," said Claudio Facchin, CEO of Hitachi Energy. He continued, "At Hitachi Energy we are championing the urgency of the clean energy transition, and this major order is further evidence that we are a "go to' partner for developing and deploying technologies and solutions that are advancing the world's energy system to be more sustainable, flexible and secure."

Mr. SH Kim, Procurement Manager at Samsung C&T Corporation, commented, "In Hitachi Energy, we have selected a trusted partner who brings deep global competence and a strong mindset of collaboration and innovation." SH Kim continued, "Together, we will serve ADNOC with pioneering technologies that are proven to deliver for such a large HVDC project."

The entire power–from–shore project will comprise two HVDC power links, which will connect two clusters of offshore oil and gas production facilities to the mainland power grid, a distance of up to 140 kilometers for each cluster.

Hitachi Energy is supplying four converter stations, which convert AC power to DC for transmission in the subsea cables, then reconvert it to AC from DC for use in the offshore power systems. The HVDC technology will be supplied from Hitachi Energy's global competence centers. Also included in the order are system studies, design and engineering, supply, installation supervision and commissioning. Hitachi Energy will support the customers with a long–term life–cycle service agreement leveraging digital technologies to ensure system availability and reliability over the HVDC links' long operating life.

HVDC Light is a voltage source converter technology that was pioneered by Hitachi Energy. It is the preferred technology for many grid applications, including interconnecting national power grids, integrating offshore wind parks with mainland transmission systems, feeding more power into congested city centers, interconnecting asynchronous networks that operate at different frequencies, and power from shore.

HVDC Light's defining features include uniquely compact converter stations (which is extremely important in space–critical applications like offshore wind, offshore production facilities and city–center infeeds), exceptionally low electrical losses, and black–start capability to restore power after a grid outage.

Hitachi Energy pioneered commercial HVDC technology almost 70 years ago and has delivered more than half of the world's HVDC Classic projects and more than 70 percent of the world's voltage source conversion HVDC projects.

Notes:

1. Modular Advanced Control for HVDC (MACH)
2. The estimated reduction in carbon footprint is based on Hitachi Energy's own calculations.

About Hitachi Energy

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon–neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

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Attachment

• Hitachi Energy HVDC Light Valve Hall

GLOBENEWSWIRE (Distribution ID 8416518)

Zurich, Switzerland, Dec. 09, 2021 (GLOBE NEWSWIRE) — Hitachi Energy and National Grid have successfully energized a pilot project replacing SF6 in installed high–voltage gas–insulated lines with an eco–efficient fluoronitrile based gas mixture. This retrofill solution, in Richborough, UK is part of Hitachi Energy's EconiQTM portfolio which is designed to deliver a superior environmental performance compared to conventional solutions.

As one of the world's largest investor–owned transmission and distribution utilities, National Grid has the ambition to remove all SF6 from its fleet by 2050. In this pioneering project, National Grid has replaced SF6 from 420–kilovolt (kV) gas–insulated lines installed in 2016, eliminating 755 kilograms of SF6. This is equivalent to taking approximately 100 passenger cars1 off the road.

For decades, SF6 has been used in the electrical industry due to its excellent insulation and current interruption properties. However, it has a high Global Warming Potential (GWP) and requires careful handling. Hitachi Energy is continuously reducing the use of SF6, improving its lifecycle management, and accelerating the development of eco–efficient products.

"We have a responsibility to help our customers like National Grid to accelerate the energy transition," said Markus Heimbach, Managing Director of High Voltage Products business in Hitachi Energy. "Innovative EconiQ retrofill technology for installed gas–insulated lines along with the new EconiQ switchgear and breakers portfolio will enable our customers and the industry as a whole to reduce carbon footprint and rapidly transition to eco–efficient solutions."

"Climate change is the greatest challenge of our time and this new transformational green technology will help achieve wide–scale decarbonisation on our electricity transmission network. The retrofill solution replaces SF6, cutting emissions and network outages at the same time as saving costs by avoiding the need to spend on costly replacement equipment", said Chris Bennett, Acting President of National Grid. "We are proud to be working with Hitachi Energy, and to demonstrate a practical solution to a significant issue in the energy industry's transition to net zero."

EconiQ is Hitachi Energy's eco–efficient portfolio for sustainability, where products, services and solutions are proven to deliver exceptional environmental performance. Recently, the company announced the acceleration of its development of eco–efficient solutions, outlining its extensive EconiQ roadmap of switchgear and breakers in various voltage levels. Hitachi Energy has placed sustainability at the heart of its Purpose and is advancing a sustainable energy future for all.

Notes

1. Retrofill is the process of replacing SF6 in an existing equipment with a new eco–efficient gas mixture to improve the environmental and life–cycle performance of the equipment.

About Hitachi Energy

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon–neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

Attachment

• Richborough

GLOBENEWSWIRE (Distribution ID 8408290)

Zurich, Switzerland, Nov. 16, 2021 (GLOBE NEWSWIRE) — Zurich, Switzerland, 16 November, 2021 "" Further to its press release on October 13, 2021, announcing its evolution to Hitachi Energy, the global technology and market leader in power grids today launched IdentiQ, its digital twin¹ solutions for high–voltage direct current (HVDC) and power quality solutions. IdentiQ² will help to advance the world's energy system to be more sustainable, flexible and secure, accelerating the transition towards a carbon–neutral future.

IdentiQ is the digital twin of a HVDC converter station, STATCOM or other power quality solution. It provides all the relevant asset information, analytics and operational data in an intuitive and easy–to–navigate dashboard, which users can customize to match their needs. IdentiQ includes 3D interactive visualization of the complete asset, combined with one–click access to all the associated plant and equipment information, including engineering documentation, operational and maintenance procedures, safety training and live operational data for monitoring and analytics.

"IdentiQ is a game–changing digital twin solution built on our unique domain expertise and leadership in power grid technologies and innovation," said Niklas Persson, Managing Director of Hitachi Energy's Grid Integration business. Niklas added, "It is a significant addition to Hitachi Energy's digital offering and supports our customers' efforts to continuously enhance the efficiency and reliability of their grid investments."

IdentiQ will enable customers to improve the management of power grid assets by clustering all information into one digital location for seamless access by all operational functions. This approach stands at the core of Hitachi Energy's vision for digital twin technology: delivering the right resources and information to the right people at the right time for optimized operations and smarter decision making.

IdentiQ makes HVDC and power quality assets more:

· Sustainable and eco–efficient "" by enabling comprehensive remote analysis and support and by digitalizing paper–based information on older installations;

· Flexible "" by adapting to continuously changing asset performance needs over the entire life cycle;

· Secure "" by complying with industry–leading cybersecurity standards and protecting all asset data and information from being misplaced or destroyed; and safer, by providing virtual training on on–site procedures, required clothing and evacuation routes before visiting a site.

Digitalization is essential to making electricity the backbone of the entire energy system and advancing a sustainable energy future for all. It is key to the integration of bulk and distributed renewables, as well as the electrification and decarbonization of sectors like transportation, industries and data centers; and empowering countries and companies to meet their carbon emission reduction goals.

IdentiQ integrates with a range of enterprise business systems, including Hitachi's Lumada platform and the Lumada suite of Asset and Work Management software, and together they provide system–wide visibility "" from the site to the boardroom. IdentiQ is part of Hitachi Energy's ambition to drive the pace of digital and eco–efficient innovation in power grid technologies and accelerate the transition towards carbon–neutral energy systems. The launch builds on a year of powerful innovation from Hitachi Energy, including:

· Lumada Asset and Work Management "" launched in January 2021, to enable asset–intensive industries to be more adaptive, collaborative, insightful and predictive. Lumada features technologies such as machine learning, artificial intelligence, advanced data analytics, hybrid cloud management and cybersecurity; and

· EconiQ "" launched in April 2021, providing an eco–efficient portfolio of products, services and solutions that deliver an exceptional environmental performance compared to conventional solutions.

Both portfolios are integral to Hitachi Energy's Sustainability 2030 strategic plan, which draws on the UN's Sustainable Development Goals to deliver social, environmental and economic value.

Notes

1. A digital twin is a virtual representation that is designed to accurately reflect a physical asset or system, providing insight into the systems' performance or lifecycle.

2. IdentiQ stands for accuracy, intelligence and quality.

About Hitachi Energy

Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We serve customers in the utility, industry and infrastructure sectors with innovative solutions and services across the value chain. Together with customers and partners, we pioneer technologies and enable the digital transformation required to accelerate the energy transition towards a carbon–neutral future. We are advancing the world's energy system to become more sustainable, flexible and secure whilst balancing social, environmental and economic value. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries. Headquartered in Switzerland, we employ around 38,000 people in 90 countries and generate business volumes of approximately $10 billion USD.

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GLOBENEWSWIRE (Distribution ID 8394831)