Hitachi Energy in Ludvika receives major order for converter stations

Hitachi Energy in Ludvika has been awarded an order for two converter stations valued at approximately 8.5 billion kronor.

The order covers stations to be built in Italy and Tunisia. They form part of the ELMED project that will connect the electricity grids of Europe and Africa with high-voltage direct current between Tunisia and Sicily.

This marks the first time the two continents' grids will be linked in this manner according to the information.

The details were reported by Nya Ludvika Tidning.

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Swedish government signing a co-ownership deal with Videberg Kraft for new nuclear reactors at Ringhals.
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Government signs deal for state ownership in Videberg Kraft for new nuclear power

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The government has signed agreements on state support and co-ownership in Videberg Kraft to build three new reactors at Ringhals. The state will take 60 percent ownership in the company.

Hitachi Energy has received approval to construct a new building at the industrial area in Ludvika. The project forms part of the company's billion investment and is expected to be completed by the end of 2027.

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Hitachi Energy is expanding its operations in Ludvika, prompting a significant increase in heavy rail transports. Representatives from the company, Trafikverket, and several municipalities recently met at bangården Hagen to address future transport challenges. CEO Tobias Hansson is convinced a solution is within reach.

Norway’s Scatec plans to invest up to $5bn in Egypt’s renewable energy and related sectors over the next two years, officials announced during a meeting with Egyptian leaders.

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From June 15 2026 Västerbergslagens Energi AB and Västerbergslagens Elnät AB are fully owned by the municipalities of Ludvika and Fagersta. The local ownership is set to strengthen energy solutions development in the region.

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