- In May 2024, Hitachi and Google Cloud have partnered to enhance enterprise innovation and productivity with generative AI. This collaboration focuses on developing AI solutions for software modernization, customer service, and secure operations across on-premises and cloud environments. Hitachi will train over 50,000 GenAI Professionals to accelerate AI-driven transformation globally
- In September 2024, Hitachi Industrial Products has commercialized the world's first copper die-cast rotor for railway traction motors, reducing weight by 15 kg compared to traditional copper bar types. This innovation improves energy efficiency and supports carbon neutrality, offering lighter and more efficient solutions for railway vehicle operations
- In May 2024, ABB has expanded its electrification portfolio by acquiring Siemens' wiring accessories business in China. This acquisition will enhance ABB's product offerings in the fast-growing Chinese market, focusing on advanced wiring solutions for residential, commercial, and industrial applications
- In November 2024, Wolong showcased its dedication to green, low-carbon, and new energy technologies at the 7th China International Import Expo (CIIE). By presenting efficient electric drive solutions, electric transportation, automation, renewable energy, and life-cycle service solutions, Wolong highlighted its role in energy transformation and the "double carbon" goal
- In December 2024, the Nidec 50Hertz Second Generation STATCOM project is a collaboration between Nidec Conversion and the German transmission system operator 50Hertz. This innovative system, known as E-STATCOM, integrates supercapacitor storage to ensure both voltage and frequency stability in high voltage transmission grids. It can exchange up to 150 MW in just 1.25 seconds, providing dynamic reactive power and inertial response to grid fluctuations. The project is part of Germany's strategy to achieve 100% renewable energy by 2032
