Press Releases

Site Licence Application Signals Further Progress for Horizon

London, 4th April 2017 - Horizon Nuclear Power a wholly owned subsidiary of Hitachi, Ltd. (TSE:6501), has taken another major step towards delivering The Wylfa Newydd power station with the submission of its application for a Nuclear Site Licence. A Site Licence is one of the main permissions Horizon will need as it looks to build and operate two UK Advanced-Boiling Water Reactor (ABWR) units on Anglesey in Wales.

Grant of Stock Options as Stock-based Compensation

Tokyo, March 29, 2017 --- Hitachi, Ltd. resolved to grant stock options as stock-based compensation (stock acquisition rights), with stock price conditions, to Executive Officers at the meeting of the compensation committee held today. Furthermore, Hitachi will grant similar stock options as stock-based compensation (stock acquisition rights) to Corporate Officers, the executive positions next to Executive Officers.

Development of image-analysis technology with AI for real-time people-detection and tracking

Tokyo, March 27, 2017 --- Hitachi, Ltd. today announced the development of a detection and tracking technology using artificial intelligence (AI) which can distinguish an individual in real-time using features from over 100 categories of external characteristics such as sex, color of clothing or carried items, and immediately detect and track the person sought after individual.

Hitachi Announces Recognizing Loss on Equity-method Associate

Tokyo, March 24, 2017 --- Hitachi, Ltd. today announced that it will post an impairment loss of approximately 65 billion yen (assuming the exchange rate is 110 yen per U.S. dollar) for the commercial development of a laser-based uranium enrichment technology advanced by GE-Hitachi Nuclear Energy Holdings LLC, an equity-method associate in U.S., as share of losses of investments accounted for using the equity method on consolidated financial results for the fiscal year ending March 31, 2017.

Hitachi-GE and the University of Cambridge Boost BWR Understanding

London, 22nd March, 2017 –-- Hitachi-GE Nuclear Energy, Ltd. (Hitachi-GE) today held the latest in its 4-year series of UK academic seminars on the Advanced Boiling Water Reactor (ABWR), working with Cambridge University.

Hitachi-GE – the reactor provider to Horizon Nuclear Power for their proposed nuclear development at Wylfa Newydd on the Isle of Anglesey – has worked with a number of prestigious UK Universities, running technical seminars on the ABWR.

Smart Grid Demonstration Project in Poland to improve power system protection in case of high penetration of renewable energy

Warsaw, Poland, March 17, 2017 --- The New Energy and Industrial Technology Development Organization ("NEDO"), Hitachi, Ltd., Hitachi Chemical Co., Ltd., Sumitomo Mitsui Banking Corporation ("SMBC"), Polskie Sieci Elektroenergetyczne S.A. ("PSE"), ENERGA-OPERATOR S.A. ("EOP") and ENERGA Wytwarzanie S.A. ("EW"), supported by the Ministry of Energy of the Republic of Poland ("Poland"), announced today that they have agreed to jointly carry out a smart grid demonstration project.

Hitachi Develops Secure Resource Sharing Technology in Collaboration with Research Institutes in Germany and Hungary

Tokyo, March16, 2017--- Hitachi, Ltd. (TSE: 6501, Hitachi) today announced the joint development of a resource sharing technology to flexibly share production facilities among enterprises with secure transfer of important information such as production quantity and machining process, with the Fraunhofer Institute for Manufacturing Engineering and Automation(“Fraunhofer IPA”) in Germany and the Institute for Computer Science and Control, Hungarian Academy of Sciences (“MTA SZTAKI”).

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