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Hitachi Lithuanian deal to target nuclear, CHP and smart grid

September 11th, 2013

Hitachi has signed a deal to collaborate with Lithuanian energy company Lietuvos Energija to “achieve energy security in the Baltic region”.

The two companies will work together on a range of energy projects, including nuclear, combined heat and power systems and the development of a smart grid.

Lietuvos Energija has overall jurisdiction over energy in Lithuania. Its chief executive Daulius Misiunas said: “We are drawing up this new energy policy in order to achieve energy security. We welcome this opportunity to adopt cutting-edge technology from Japan for use in energy.”

Hitachi executive vice-president Koji Tanaka said the company would bring its nuclear expertise to Lithuania and added: “If there are other opportunities to broaden our contributions in the Baltic region we are in a fantastic position to help through our experience and innovative technology across the entire Hitachi group.”

Hitachi has identified Central and Eastern Europe as a key region where it is seeking to expand its operations and as such opened an office in Lithuania last year.

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