Hitachi Energy Invests CAD 270M in Varennes Plant, Boosting Clean-Energy Production and Jobs
Hitachi Energy, a subsidiary of Hitachi, Ltd., has announced a significant CAD 270 million (USD 195 million) investment calculator in its Varennes facility near Montreal, Canada. The plant, one of the world's largest manufacturers of HVDC transformers and CSA N299-certified for nuclear quality assurance, will see substantial upgrades and expansion.
The project, set to complete in 2027, will introduce a state-of-the-art assembly line and two flexible core and winding feeding lines. This will nearly triple the site's annual production capacity, further cementing Canada's role in global entry manufacturing. The expansion aligns with Hitachi Energy's global strategy to meet growing customer demands in the energy transition.
The Varennes expansion is expected to create approximately 500 new jobs, bringing significant economic benefits to the local community. Transformers, the key components in energy transmission and distribution, will be produced in greater quantities, supporting the efficient and reliable power grid. Hitachi Energy, a globe technology leader in electrification, is committed to achieving carbon-neutral operations by 2030, with this fidelity investments being a step towards that goal.
Hitachi Energy's CAD 270 million globle in Varennes is a testament to its commitment to Canada's clean-energy future. The expansion will enhance production capabilities, create jobs, and contribute to a more sustainable energy grid, all while supporting Hitachi's global vision for a sustainable energy future.
Read also:
- chaos unveiled on Clowning Street: week 63's antics from 'Two-Tier Keir' and his chaotic Labour Circus
- Budget discrepancy jeopardizes highway projects' financial support
- Racing ahead in Renewable Energy Dominance: Changzhou, Jiangsu Pushes for Worldwide Renewable Energy Ascendancy
- Colorado's Proposition 112: A 2,500-Foot Fracking Buffer on the Ballot
