Zurich, SWITZERLAND - The agreement underlines both companies' commitment to accelerate the energy transition and advance a more sustainable, flexible and secure energy system.

Hitachi Energy has announced that they have signed a strategic collaboration agreement with Equinor to collaborate within electrification, renewable power generation and low-carbon initiatives worldwide. The agreement underlines both companies' commitment to accelerate the energy transition and advance a more sustainable, flexible and secure energy system.

According to Hitachi Energy, initial areas of focus for the collaboration include developing standardized base designs to be applied for high-voltage direct current (DC) and alternating current (AC) transmission systems to connect offshore wind farms and Equinor production facilities to mainland power grids.

"Together we make a strong team that will support the society to reach the goal of the Paris Agreement and create a sustainable energy future for all," said Niklas Persson, Managing Director of Hitachi Energy's Grid Integration business.

"Hitachi Energy has been a reliable supplier to Equinor for many years. This strategic collaboration agreement is a signal of joint ambitions to increase our competitiveness in the ongoing energy transition. Standardization of technical solutions will be a key to succeed, and we look forward to improving together with Hitachi Energy," said Geir Tungesvik, Executive Vice President for Projects, Drilling and Procurement at Equinor.

Source: Hitachi Energy