Hitachi Energy Ltd. is a global leader in electrification and power grid technologies, based in Zurich, Switzerland. As a subsidiary of Hitachi Ltd., the company employs over 50,000 people across 60 countries and generates approximately $16 billion in revenue. Established in 2020 through the acquisition of ABB's Power Grids division, Hitachi Energy focuses on sustainable energy solutions, including high-voltage equipment, transformers, automation, and digital technologies.
The company provides essential products and services across the power value chain, emphasizing digital integration for utilities, industries, and infrastructure. Their offerings include ultra-high-voltage direct current systems, automation solutions for grid modernization, and digital tools for smart grids and asset monitoring. Hitachi Energy serves a diverse range of customers, including utilities and grid operators, and has been involved in notable projects such as the world's first 1,100 kV UHVDC line in China and renewable microgrids in Canada.
DTE Energy owns two regulated utilities in Michigan that contribute 90% of earnings. DTE Electric serves approximately 2.3 million customers in southeastern Michigan, including Detroit. DTE Gas serves 1.3 million customers throughout the state. In addition, DTE has nonutility businesses and investments including energy marketing and trading, renewable natural gas facilities, and on-site industrial energy projects.