Hitachi Energy Fuels Quebec's Green Revolution with CAD 270 Million Investment

Hitachi Energy is making a monumental commitment to North America's energy future, announcing an additional CAD 270 million (USD 195 million) investment to dramatically expand its large power transformer manufacturing capacity in Varennes, Quebec. This isn't just an upgrade; it's a strategic move to fortify the continent's electrical grids and accelerate the vital transition towards clean, sustainable energy.

This substantial injection of capital underscores Hitachi Energy's unwavering dedication to innovation and its pivotal role in empowering a greener tomorrow.

The demand for robust, reliable, and efficient electrical infrastructure is skyrocketing, driven by global megatrends such as the integration of renewable energy sources, the electrification of transport and industry, and the pressing need to modernize aging grids.

Large power transformers are the unsung heroes of this transformation, essential for transmitting electricity over long distances and integrating diverse power generation into a cohesive network. This investment directly addresses this surging demand, ensuring that vital components are readily available to build the energy systems of the future.

The Varennes facility, already a cornerstone of Hitachi Energy's North American operations, will see significant enhancements.

The expansion will incorporate cutting-edge manufacturing technologies, including advanced automation and digitalization, to boost efficiency, quality, and production volume. This isn't merely about adding space; it's about pioneering the next generation of transformer production. The investment will also support the creation of numerous high-skilled jobs, further solidifying Quebec's position as a hub for advanced manufacturing and energy expertise.

This expansion goes far beyond the factory floor.

It represents a substantial economic boost for Quebec, generating employment opportunities and fostering local growth. More importantly, it directly supports the ambitious climate goals of Canada and the United States, enabling the more efficient integration of solar, wind, and hydro power into the national grids.

By strengthening the resilience and flexibility of the electrical network, Hitachi Energy is paving the way for a more sustainable and electrified society.

This latest investment builds upon a previous CAD 30 million expansion announced in 2022, demonstrating a sustained, long-term commitment to the Varennes facility and the broader North American market.

Hitachi Energy's vision is clear: to advance a sustainable energy future for all. By enhancing its manufacturing capabilities for critical grid components like large power transformers, the company is not only meeting present demands but is also strategically positioning itself to lead the charge in the global energy transition for decades to come.

This expansion is a testament to the company's confidence in Quebec's skilled workforce and its strategic location.