Ørsted and Hitachi Energy form strategic partnership to accelerate offshore wind electrical systems delivery

Ørsted and Hitachi Energy signed a strategic partnership agreement at the WindEurope annual event in Madrid to streamline offshore wind electrical systems delivery, aiming to reduce project timelines and costs amid ongoing supply chain challenges. The collaboration targets faster project execution by integrating Hitachi Energy's grid connection and electrical infrastructure expertise with Ørsted's offshore wind development capabilities. While specific project details or financial terms were not disclosed, the partnership is expected to enhance delivery speed for Ørsted's European offshore wind portfolio. Hitachi Energy, a division of Hitachi Ltd., brings specialized technology in high-voltage direct current (HVDC) systems and grid integration solutions to the alliance. The agreement was formalized during a high-profile industry event, signaling strong commitment from both companies to address critical bottlenecks in offshore wind deployment.

Counterparts (2)

Partner

Hitachi Energy

company · 1 deals

Hitachi Energy is committed to powering the world’s energy system to be more sustainable, secure, resilient, and affordable, making electricity more accessible to all and empowering societies to thrive. They provide technology and expertise to make the energy transition happen.

Ørsted

company · 7 deals

Ørsted is a Danish multinational power company, a global leader in offshore wind power, and a significant developer, owner, and operator of onshore wind, solar PV, battery storage, and power-to-X facilities. Its strategy focuses on accelerating the green energy transition by developing, constructing, and operating large-scale renewable energy assets globally, often through partnerships and capital recycling.