Hitachi Energy to expand two of its facilities in
Canada to maintain
production of key electrical components for domestic and
international markets
VARENNES, QC, July 15,
2024 /CNW/ - The Government of Canada continues to invest in projects to
deliver a stronger economy that thrives in a low-carbon world to
the benefit of all Canadians.
Today, the Honourable François-Philippe
Champagne, Minister of Innovation, Science and Industry,
announced a contribution of $30 million through the Strategic
Innovation Fund to support Hitachi Energy Canada's project.
The three-year project will include building a new state-of-the-art
transformer test laboratory at Hitachi Energy's large power
transformer facility in Varennes,
Quebec, in addition to expanding capabilities for
high-voltage direct current (HVDC) technologies. Hitachi will also
establish a new HVDC simulation and collaboration centre at the
company's headquarters in the St-Laurent borough of Montréal. The project
will allow Hitachi Energy to perform HVDC system simulations in
Canada for its local and
international customers, which will foster greater innovation,
knowledge transfer and economic growth.
This project aligns with Canada's Net Zero Accelerator Initiative,
enabling the advancement of clean technologies and Canada's transition to a net-zero economy. In
the future, Canada will require
more electricity-generating capacity to support the increased
electrification of the economy. HVDC transmission technology
provides an opportunity for a cost-effective modernization of
Canada's infrastructure to prevent
outages. The project will contribute to reducing indirect
greenhouse gas emissions by allowing for an increased share of
renewable energy in the grid and further displacing fossil fuels
with electricity.
With support from this contribution, Hitachi will create
67 high-quality jobs and maintain its current workforce. This
contribution will also provide student employment opportunities,
with 285 co-op positions.
Quotes
"Our government continues to take action to tackle climate
change for Canadians, and this project is a stepping stone on the
path to net-zero emissions. Having reliable power grids is so
important to Canadians, and this project will provide much-needed
upgrades and capacity to advance the clean electrification of our
economy."
– The Honourable François-Philippe
Champagne, Minister of Innovation, Science and Industry
"Every step we take toward a carbon-neutral future is a step in
the right direction. By investing in innovative industries,
companies and technologies today, we are putting the tools in place
to build a cleaner economy and a more sustainable tomorrow."
– The Honourable Steven Guilbeault, Minister of Environment and
Climate Change
Quick facts
- Canada's Net Zero Accelerator
Initiative supports industry leaders in energy sectors to adopt
low-carbon innovation solutions and achieve net-zero emissions by
2050.
- Hitachi Energy Canada is a power technology and energy systems
manufacturer headquartered in the Saint-Laurent borough of Montréal,
Quebec, and is a wholly owned
subsidiary of its parent company, Hitachi Energy Ltd., located in
Switzerland. Hitachi Energy is a
member of the Hitachi Group of companies.
- The federal government's $30 million
dollar contribution to Hitachi is being made alongside a
$30 million contribution from
Investissement Québec.
Associated links
- Canada's Net Zero Accelerator
Initiative
- Strategic Innovation Fund
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