Ek s energy storage projects
With global energy storage capacity projected to reach 1. Desert Sunlight Array (California, USA) 2. Tidal Basin Storage Hub (Guangdong, China). Alongside feasibility studies and assessments to analyze energy needs, grid connection possibilities, financial modelling and risk analysis this phase also involves, securing the relevant land rights for the project, formal environmental impact assessments and seeking approvals from local councils. . Zurich, August 28, 2025 – Hitachi Energy, a global leader in electrification, has completed the acquisition of the remaining stake in eks Energy, a technology and market leader in power electronics and control solutions to deliver a scalable, flexible, and complete approach for energy storage. . Acquisition strengthens Hitachi Energy's grip on grid tech as global demand for energy storage surges toward 1,500 GW by 2030. Switzerland, Zürich: Hitachi Energy has finalised the acquisition of the remaining stake in eks Energy, solidifying its role in power conversion systems for energy storage. . From utility-scale installations to renewable integration solutions, explore how these projects address grid stability and decarbonization challenges. [PDF Version]FAQS about Ek s energy storage projects
What does EKS energy do?
With over 4.5 GW of inverters deployed globally, eks Energy has been instrumental in renewable integration and power electronics innovation. This strategic move comes as global energy systems are under pressure to accelerate the deployment of storage technologies.
Does Hitachi energy own EKS energy?
Hitachi Energy has completed the acquisition of the remaining shares in eks Energy, further cementing its position as a global leader in power conversion systems for energy storage. The Swiss-based company, which initially acquired a majority stake in eks Energy in 2023, announced the full takeover on August 28, 2025.
Why is energy storage important?
Energy storage plays a pivotal role in the energy transition and is key to securing constant renewable energy supply to power systems, regardless of weather conditions. Energy storage technology allows for a flexible grid with enhanced reliability and power quality.
What is energy storage technology?
Energy storage technology allows for a flexible grid with enhanced reliability and power quality. Due to the rising demand for energy storage, propelled further by the need for renewable energy supply at peak times, energy storage facilities and producers have grown tremendously in recent years.