Hitachi Energy invests additional $250 million USD to address global transformer shortage
More than 40 percent of the total investment dedicated to the U.S. underpins commitment to scale up the industry to meet surging transformer demandThe U.S. investment includes hiring more than 100 people to expand domestic key component manufacturing to strengthen local supply chainBuilds on the $6 billion USD investment announced in 2024 – the largest in the industry in recent years to respond to the urgent need to upgrade power gridsZurich and Houston, Mar 11, 2025 – (JCN Newswire via SeaPRwire.com) – Hitachi Energy announced today at CERAWeek additional major investments of more than $250 million USD by 2027 to expand global production of critical components for transformers. This rapid follow-up to the recently announced $6 billion USD investment across the company portfolio reflects the escalating transformer shortage, which continues to increase.As the electrification of industries, particularly data centers and AI, drives unprecedented demand for electricity, theneed for transformers has surged beyond …