Electricity

Hitachi ABB Power Grids to operate in seven Balkan countries

Hitachi ABB Power Grids to operate in six Balkan countries

Photo: Nina Dusper Sušić

Published

August 11, 2020

Country

Comments

comments icon

0

Share

Published:

August 11, 2020

Country:

Comments:

comments icon

0

Share

The newly-formed joint venture Hitachi ABB Power Grids has said it will operate in the region under the Balkan Cluster that covers seven countries – Albania, Bosnia and Herzegovina, Croatia, Kosovo*, Montenegro, North Macedonia, and Serbia. The company’s top officials have also said that “world-class power grid solutions” will help it play an active role in the global decarbonization of energy systems.

Hitachi Ltd. and ABB Ltd. have announced the completion of all required procedures and the formation of Hitachi ABB Power Grids Ltd., in which Hitachi will have an 80.1% stake. The combined entity, which will be headquartered in Zurich, Switzerland, has annual revenues of about USD 10 billion and employs 36,000 people in 90 countries, according to a press release.

Hitachi ABB’s Balkan Cluster will be headed by Nina Dusper Sušić

Hitachi ABB’s Balkan Cluster will be headed by Nina Dusper Sušić, the former head of protection and control system and financial controller. After obtaining two master’s degrees at the Sorbonne University, Dusper Sušić began her professional career in the corporate finance sector in France, where, among other activities, she founded and invested in renewable energy funds, according to the press release.

Claudio Facchin, CEO of Hitachi ABB Power Grids, said the company will remain committed to powering a sustainable energy future, “as the partner of choice for enabling a stronger, smarter and greener grid.”

Intelligent grid solutions will “help achieve the UN’s clean energy goal”

According to Toshikazu Nishino, the joint venture’s board chairman, Hitachi’s “leading digital technologies merged with world-class power grid solutions” will help the new company to play an active role in the global transformation and decarbonization of energy systems for a sustainable energy future.

He also said that intelligent solutions for a more dynamic grid will contribute to achieving the UN’s Sustainable Development Goal 7 of “affordable, reliable and clean energy,” according to the press release.

* This designation is without prejudice to positions on status and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.
Comments (0)

Be the first one to comment on this article.

Enter Your Comment
Please wait... Please fill in the required fields. There seems to be an error, please refresh the page and try again. Your comment has been sent.

Related Articles

CyberGrid is committed to energy transition in SEE with its aggregation solutions Candellari

CyberGrid is committed to energy transition in SEE with its aggregation solutions

28 May 2025 - CyberGrid's Nikolaj Candellari said at BEF 2025 that the firm believes in the energy transition in SEE, contributing to the process with its solutions

electricity market liberalization kosovo

Kosovo’s electricity market liberalization sparks protest by businesses

28 May 2025 - Starting on June 1, businesses with an annual turnover of over EUR 10 million will be required to buy electricity on the open market

ACER Zinglersen Integrate electricity markets flexibility new era already here BEF 2025

ACER’s Zinglersen: Integrate electricity markets to bolster flexibility as new era is already here

28 May 2025 - The number of hours with negative power prices reached an all-time high for two years in a row, which means a new era is here, ACER's Director Christian Zinglersen said at BEF 2025

NGEN BEF 2025 decentralized electricity grid Roman Bernard BEF 2025

NGEN showcases solutions at BEF 2025 for decentralized electricity grid of tomorrow

28 May 2025 - Slovenia-based NGEN is expanding throughout Europe with its software platforms and equipment and BESS for decentralized grids