Its Hitachi parent company ... Combined, this is a $90 billion industry with growth rates reminiscent of China in the early 2000s, and EBITDA margins Jack Welch would be proud of.

BEIJING: Hitachi Energy vows to continuously accelerate investment in grid network innovation and digitalisation in China to further facilitate the country’s construction of a digital power grid ...

Electricity demand associated with artificial intelligence and data center development mean “the need for transformers has surged beyond initial projections,” Hitachi Energy said.