News In Brief June 25: Hitachi Energy, Panasonic

News In Brief

Hitachi Energy India Set To Build Rs. 790 Crores Project In Australia

Hitachi Energy India a digital systems, power, and renewable energy solutions provider recently received an order of Rs. 790 Crores from a fellow subsidiary. Hitachi Energy Australia Pty Ltd is set to execute the project – Marinus Link – Voltage Source Converter (VSC), High Voltage Direct Current (HVDC) links between Tasmania and Victoria for the supply of certain equipment for execution of the project – Burnie Converter Station and Latrobe Valley Converter Station. The order is scheduled to be executed over four years. Marinus Link Pty Ltd selected Hitachi Energy to supply an HVDC project in Australia. Hitachi Energy will supply its HVDC Light® VSC stations for the project.

Panasonic Partners with State Bank of India (SBI) to Provide Financing to Its Solar Customers

Panasonic Life Solutions India Private Limited (PLSIND), a leading player in the distributed solar energy sector, is excited to announce a new partnership with the State Bank of India (SBI), one of India’s most renowned financial institutions. This strategic alliance aims to support the Indian government’s ambitious goal of achieving 500GW of renewable energy capacity by 2030 by making solar energy solutions more accessible to individuals and businesses.