Top Page | English | 简体中文 | 繁體中文 | 한국어 | 日本語
Wednesday, 16 May 2018, 16:49 HKT/SGT
Share:
    

Source: Hitachi, Ltd.
Solomon Power and Hitachi Conclude MoU on Resolving Energy Issues Leveraging Internet of Things

TOKYO, May 16, 2018 - (JCN Newswire) - Solomon Power and Hitachi, Ltd. (TSE: 6501) announced that they have concluded a memorandum of understanding (MoU) aimed at resolving energy issues leveraging the Internet of Things (IoT). The ultimate goals are to lower energy costs and to improve energy security for the Solomon Islands.

The Solomon Islands is a country composed of about 1,000 large and small islands. The majority of its approximately 600,000 residents rely on diesel power generation and the country imports all the fossil fuel used to generate this power. Solomon Power is actively moving forward to reduce energy costs and improve energy security by providing power to more of the region's residents via renewable energy sources and by reducing fuel consumption.

Hitachi is expanding its social innovation business in collaboration with customers to resolve societal challenges, leveraging its social infrastructure expertise cultivated over many years, and the latest digital technologies. To advance the use of renewable energy, Hitachi draws upon its experience in the construction of high-efficiency solar and wind power stations and its expertise in applying IoT technology to ensure power-generation stability.

Under this MoU, Hitachi will begin the collaborative creation with Solomon Power to design a solar power plant and structure the business, involving the stakeholders related to the construction and operation of the solar plant.

Going forward, Solomon Power and Hitachi will work together toward the shared vision of an IoT-enhanced solar power station for the Solomon Islands.

About Solomon Power

Solomon Islands Electricity Authority trading as Solomon Power is a state owned enterprise with its head office located in Honiara, the capital city of Solomon Islands. Solomon Power is responsible for providing a stable source of electricity to the entire Solomon Islands based on a mixed-energy policy that includes renewable energy.


About Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges, combining its operational technology, information technology, and products/systems. The company's consolidated revenues for fiscal 2017 (ended March 31, 2018) totaled 9,368.6 billion yen ($88.4 billion). The Hitachi Group is an innovation partner for the IoT era, and it has approximately 307,000 employees worldwide. Through collaborative creation with customers, Hitachi is deploying Social Innovation Business using digital technologies in a broad range of sectors, including Power/Energy, Industry/Distribution/Water, Urban Development, and Finance/Social Infrastructure/Healthcare. For more information on Hitachi, please visit the company's website at http://www.hitachi.com.

Contact:
Keiji Kitagawa
Strategy and Business Development Department Planning Group, 
Global Strategy Planning Division, 
Social Innovation Business Division, 
Hitachi, Ltd.
+81-3-3763-2411


May 16, 2018 16:49 HKT/SGT
Source: Hitachi, Ltd.

Hitachi, Ltd. (TSE: 6501)

Topic: Press release summary
Sectors: Enterprise IT, Alt. Energy
http://www.acnnewswire.com
From the Asia Corporate News Network


Copyright © 2018 ACN Newswire. All rights reserved. A division of Asia Corporate News Network.


Hitachi, Ltd. Links

http://www.hitachi.com

https://www.facebook.com/hitachi.global/

https://twitter.com/hitachiglobal?lang=en

https://www.youtube.com/user/HitachiBrandChannel

https://ph.linkedin.com/company/hitachi

Hitachi, Ltd.
Sept 25, 2018 16:45 HKT/SGT
NEDO and Hitachi to Start Cloud-Based Advanced Energy Management System Demonstration Project in Slovenia
Sept 18, 2018 17:02 HKT/SGT
Hitachi: Ansaldo STS Receives Contract for the Operation and Maintenance Services of Lines 3, 4, 5 & 6 of Riyadh Metro
Sept 18, 2018 15:31 HKT/SGT
Hitachi Showcases IoT Platform "Lumada" and Digital Solutions to Solve Societal Challenges in Thailand
Sept 18, 2018 10:09 HKT/SGT
Hitachi Launches Lumada Center Southeast Asia
Sept 14, 2018 13:31 HKT/SGT
Hitachi's First Dedicated Compact Proton Therapy System to be Supplied to Tokushukai Medical Group
Sept 14, 2018 08:03 HKT/SGT
FNM and Hitachi Rail Italy sign Framework Agreement for new High Capacity trains
Sept 11, 2018 10:55 HKT/SGT
Hitachi Hosts "Hitachi Social Innovation Forum 2018 TOKYO"
Sept 10, 2018 16:17 HKT/SGT
Hitachi Launches "O&M Support Digital Solution", Water Supply and Sewerage Cloud Service Utilizing IoT
Sept 10, 2018 12:37 HKT/SGT
Hitachi Automotive Systems to Introduce Next-generation Mobility Tech, Including Autonomous Driving and Electrification Systems
Sept 4, 2018 11:07 HKT/SGT
Hitachi Launches "Highly Reliable Platform Solution" in Collaboration with VMware, for Social Infrastructure Fields
More news >>
 News Alerts
Copyright © 2018 ACN Newswire - Asia Corporate News Network
Home | About us | Services | Partners | Events | Login | Contact us | Privacy Policy | Terms of Use | RSS
US: +1 800 291 0906 | Beijing: +86 10 8405 3688 | Hong Kong: +852 2217 2912 | Singapore: +65 6304 8926 | Tokyo: +81 3 6721 7212

Connect With us: