Hitachi Energy and Samsung C&T Engineering & Construction Group have signed a Memorandum of Understanding (MoU) to enhance their collaboration on high-voltage alternating current (HVAC) grid infrastructure projects worldwide. This partnership aims to address the evolving global energy landscape by modernizing infrastructure and integrating more clean energy sources.
The collaboration will leverage Hitachi Energy's expertise in grid technologies and Samsung C&T's engineering, procurement, and construction capabilities. Together, they plan to identify and pursue HVAC opportunities to support the increasing demand for electrification in sectors such as mobility, industry, and data centers.
Niklas Persson, CEO of Hitachi Energy's Grid Integration Business Unit, emphasized the importance of resilient AC grid infrastructure in the energy transition. He stated that the partnership with Samsung C&T would accelerate grid modernization, strengthen resilience, and enable large-scale renewable integration.
Byung-soo Lee, Executive Vice President of Samsung C&T, highlighted the companies' successful collaboration in the UAE and Australia, noting that this model would provide a competitive advantage in global power infrastructure markets. The MoU establishes a strategic framework for the companies to align on AC projects and develop a shared roadmap.
This agreement builds on their track record of successful collaborations in the high-voltage direct current (HVDC) market, aiming to deliver innovative and efficient power infrastructure solutions globally.
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