Press Release
United Arab Emirates
02-10-2024
3 min read
Hitachi Energy highlights digitalization and innovative solutions at WETEX 2024
His Highness Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy, H.E. Suhail Mohamed Al Mazrouei, Cabinet Member and Minister of Energy & Infrastructure, and H.E. Saeed Mohammed Ahmad Al Tayer, Managing Director, and CEO at DEWA with Dr. Mostafa AlGuezeri, Managing Director of the Gulf and Maghreb at Hitachi Energy at Hitachi Energy's booth.
Hitachi Energy, the pioneering technology leader is showcasing its latest advancements in digitalization and innovative energy solutions at WETEX 2024. The company’s participation reaffirms its commitment to enabling a sustainable energy future for all.
Taking place from October 1-3, WETEX and the Dubai Solar Show are organized by the Dubai Electricity & Water Authority (DEWA), who is at the forefront of Dubai's vision to build a sustainable energy future. The event is held annually under the directives of His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE, Ruler of Dubai, and under the patronage of HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy.
At WETEX 2024, Hitachi Energy will focus on presenting digitalization technologies that enhance the efficiency and resilience of the energy grid. These solutions are designed to meet the increasing global demand for reliable and sustainable electricity while supporting the ongoing energy transition. By leveraging advanced digital tools and innovative solutions, Hitachi Energy aims to optimize energy systems, ensuring they are equipped to handle the challenges of tomorrow.
Speaking about Hitachi Energy’s participation at WETEX 2024, Dr. Mostafa AlGuezeri, Managing Director of Hitachi Energy for the Gulf and Maghreb, said, "Hitachi Energy is proud to participate at WETEX 2024, which is aligned to our Purpose of advancing a sustainable energy future for all. Over the years, the event has evolved to address critical global challenges such as climate change, energy efficiency, and resource conservation, making it a vital platform for discussing and implementing solutions. This cumulative experience enhances our ability to contribute to the energy transition and sustainability goals, improving the overall outcome of our participation. Our participation at WETEX underscores Hitachi Energy’s position as partner of choice in support of DEWA’s mission and the UAE’s 2050 Net-zero Initiative.”
According to a recent report by IEA1, the share of electricity in the mix of global energy consumption is expected to reach 30 percent by 2030. While this is in progress, electrification needs to accelerate rapidly to meet the world’s decarbonization targets. Hitachi Energy’s pioneering role in this transformation is crucial, as the company provides the technological backbone needed to support a more sustainable and resilient energy landscape. Together with its stakeholders across geographies, Hitachi Energy enables the digital transformation required to accelerate the energy transition toward a carbon-neutral future.
As platinum sponsor of WETEX 2024 and in its capacity as member of the Clean Energy Business Council, Hitachi Energy will participate in seminars and present on multiple topics including, the role of digital substations in enabling the 4th industrial revolution and on advanced storage technologies and integrated solutions, among others.
With industry-leading experience, deep domain knowledge, and pioneering technologies, Hitachi Energy continues to accelerate the global energy transition. Beyond technical innovation, the company is also committed to positively impacting societies, improving lives and inspiring others. To know more, visit Hitachi Energy’s booth at PSP-4 in WETEX 2024 or click the link here.
[1] IEA (2024), Electricity 2024, IEA, Paris https://www.iea.org/reports/electricity-2024, License: CC BY 4.0
About Hitachi Energy
Hitachi Energy is a global technology leader that is advancing a sustainable energy future for all. We are advancing the world’s energy system to be more sustainable, flexible and secure and we collaborate with customers and partners to enable a sustainable energy future – for today’s generations and those to come. Hitachi Energy has a proven track record and unparalleled installed base in more than 140 countries, serving customers in utility, industry, transportation, data centers and infrastructure sectors. With innovative technologies and services including the integration of more than 150 gigawatts of HVDC links into the power system, we help make the energy value chain more efficient, making electricity more accessible to all. Together with stakeholders across sectors and geographies, we enable the digital transformation required to accelerate the energy transition towards a carbon-neutral future. Headquartered in Switzerland, we employ around 45,000 people in 90 countries and generate business volumes of around $13 billion USD.
https://www.hitachienergy.com
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About Hitachi, Ltd.
Hitachi drives Social Innovation Business, creating a sustainable society through the use of data and technology. We solve customers' and society's challenges with Lumada solutions leveraging IT, OT (Operational Technology) and products. Hitachi operates under the 3 business sectors of “Digital Systems & Services” – supporting our customers’ digital transformation; “Green Energy & Mobility” – contributing to a decarbonized society through energy and railway systems, and “Connective Industries” – connecting products through digital technology to provide solutions in various industries. Driven by Digital, Green, and Innovation, we aim for growth through co-creation with our customers. The company’s revenues as 3 sectors for fiscal year 2023 (ended March 31, 2024) totaled 8,564.3 billion yen, with 573 consolidated subsidiaries and approximately 270,000 employees worldwide. For more information on Hitachi, please visit the company's website at https://www.hitachi.com.
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