Hitachi Energy to launch $180 M energy park project in Finland
The foundation stone for the new Hitachi Energy Park was laid in Vikby, Mustasaari, Finland.
Image credit: Hitachi Energy
Finland: Construction officially began on the new Hitachi Energy Park in Vikby, Mustasaari, Finland, as the foundation stone was laid. This event marks a significant milestone in the company’s previously announced $180 M investment in the country.
The new Hitachi Energy Park, spanning over 40,000 m2, will feature a top-notch transformer factory and modern office and testing facilities. It will double the company’s production and testing capacity of transformers in Finland meeting the surging demand for power technology solutions. As a result, Hitachi Energy will recruit approximately 200 new employees in the Vaasa region.
This initiative supports the transition toward a carbon-neutral energy future and enhances Finland’s energy security while facilitating the export of clean energy technology.
The foundation stone for the new facility was laid by Joakim Strand, Finland’s Minister of European Affairs and Ownership Steering, Rurik Ahlberg, Mayor of Mustasaari, and Peter Forssell, EVP of YIT’s Building Construction segment, in the presence of Matti Vaattovaara, Managing Director of Hitachi Energy in Finland, Bruno Melles, Managing Director of Hitachi Energy’s Business Unit Transformers and Norbert Beatrix, HUB Europe Manager, Business Unit Transformers.
The Hitachi Energy Park Production and Technology Center is expected to be operational by early 2027. Groundwork on the construction site is ongoing and will continue until autumn 2025.
Source: Hitachi Energy
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