Hitachi Energy has announced an investment of more than $1 billion to expand its manufacturing capacity of critical electrical grid infrastructure in the US. These investments, among the largest seen in the electrical industry in the US, include approximately $457 million for a new large power transformer facility in South Boston, Virginia, along with significant expansions of existing facilities throughout the country. Commenting in a release was Chris Wright, US energy secretary: “If we are going to win the AI race, reindustrialise, and keep the lights on, America is going to need a lot more reliable energy.” Central to the investment plan is the establishment of the facility in Virginia, which Hitachi Energy says will be a state-of-the-art manufacturing facility, used to produce large power transformers that will support applications like high-voltage transmission, power generation, AI data centres, and large-scale industrial applications.

Full report : Hitachi Energy invests $1 billion in US for grid tech manufacturing.