ZÃœRICH, SWITZERLAND - Both companies expect this collaborative ecosystem to ensure benefits for customers across their operational life cycle.

The non-exclusive collaboration will support customers' sustainability efforts, including the decarbonization of the energy and industrial sectors. Hitachi Energy can leverage Schneider Electric's medium-voltage portfolio, while Schneider Electric will be able to use Hitachi Energy's high-voltage portfolio to provide more comprehensive offerings.

Both companies expect this collaborative ecosystem to ensure benefits for customers across their operational life cycle, including a more holistic offering, strengthened supply chain and enhanced efficiencies.

"We continue to innovate with technology and business models to advance a more sustainable, flexible and secure energy system. We have chosen to collaborate with Schneider Electric by enhancing our complementary portfolios and address the need of faster deployment of grid solutions for our customers," said Claudio Facchin, CEO of Hitachi Energy.

"We are launching this collaboration to help our customers deploy the green electricity solutions instrumental in the fight against climate change. With Hitachi Energy, we're committed to leveraging our respective strengths in order to solve our customers' most pressing energy challenges," said Jean-Pascal Tricoire, Chairman and CEO, Schneider Electric.

Source: Hitachi Energy