Thursday, April 5, 2012

Hitachi to expand into renewable energy: Agreement inked with Fuji to acquire wind turbine generation business

Hitachi Ltd. ("Hitachi") and Fuji Heavy Industries, Ltd. ("Fuji") have reached an agreement on the assignment of Fuji’s wind turbine generator system business to Hitachi. The details are still being worked out but the agreement is planned to close on July 1, 2012.

Hitachi and Fuji co-developed a 2 MW downwind turbine in 2003. The prototype machine was installed in Hasaki, Kamisu City, Ibaraki Pref. Japan in December 2005, followed by the delivery of a total of 25 units of wind power generation systems at 6 sites throughout the country. The downwind type turbine is a wind turbine that is installed with its rotor under the lee of the tower. It can effectively catch wind to generate power on hills and at sea. Hitachi designed and manufactured the power generator and the power control component and has also sold and installed the wind power system. Fuji designed and manufactured the nacelle, blade, and tower.

After the assignment, Hitachi will consolidate the resources of the two companies to enhance the design and development capability, and integrate the manufacturing and distribution so that it can quickly respond to future market needs. Hitachi will combine its power control technologies as well as the system linkage and stabilization technologies with Fuji's downwind type turbine technologies, with the goal of expanding further into the renewable energy market.

Source: (in part) TES - Today's Energy Solutions

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