Hitachi Energy

The company officially began its life as an independent entity on January 1, 2020, after a complex transaction separated Hitachi's Power Grids business from ABB's power grid division. This merger of two industrial giants created a global technology leader that now operates at the intersection of heavy engineering and sustainable energy systems. In 2024, the organization dropped the dual-name convention to adopt the single identity Hitachi Energy, signaling a unified focus on the global energy transition.

Claudio Facchin leads the company as Chief Executive Officer with a mandate to make the world's energy system more secure, resilient, and affordable. The team designs high-voltage direct current transmission systems, massive transformers, and digital tools that help utilities manage complex grids. Their work directly supports the integration of renewable sources like wind and solar into existing infrastructure across more than 90 countries.

A major milestone occurred in September 2026 when the firm announced a $528 million investment to build a new transformer factory in Gallman, Mississippi. This project stands as the largest U.S. investment in the company's history and is expected to create 654 new jobs. The expansion addresses surging demand for equipment needed to modernize power networks and meet decarbonization targets. [edit]