Participation in Smart Grid Demonstration Project in the Republic of Poland

Tokyo, February 23, 2015 – Hitachi, Ltd. (President & COO: Toshiaki Higashihara), Hitachi Chemical Co., Ltd. (President and CEO: Kazuyuki Tanaka), Sumitomo Mitsui Banking Corporation (President and CEO: Takeshi Kunibe), and The Japan Research Institute, Limited (Representative Director, President and CEO: Junsuke Fujii) today announced that they have been selected by New Energy and Industrial Technology Development Organization (NEDO) to undertake a feasibility study for a smart grid demonstration project, which is one of NEDO’s demonstration project of international energy consumption efficiency technology and system, in the Republic of Poland. Hitachi will handle overall coordination of the demonstration project in its role as research leader, and will participate along with the other three companies in the preliminary survey, which will run from February to November 2015. The demonstration project is scheduled to run for approximately three years, following a review of the screening committee about the results of this study.