# Shanghai Electric and Hitachi Energy form joint venture for offshore wind power transmission

Shanghai Electric and Hitachi Energy announced the establishment of a joint venture, Shanghai Electric Hitachi Energy Power Technology Co., Ltd., to focus on offshore wind power transmission using flexible DC technology. The joint venture also signed a cooperation agreement with Shanghai Electric Wind Power Group.

- Type: Acquisition
- Announced: 2023-11-08
- Where: China
- Status: announced
- Products: offshore wind power flexible DC transmission technology, system solutions for offshore wind power transmission
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Shanghai Electric](https://endata.com/companies/1068.md)
- [Hitachi Energy](https://endata.com/companies/15140.md) (partner)
- [Shanghai Electric Hitachi Energy Power Technology Co., Ltd.](https://endata.com/companies/73714.md) (target)
- [Shanghai Electric Wind Power Group](https://endata.com/companies/73715.md) (customer)

## Sources

- [shanghai-electric.com](https://www.shanghai-electric.com/group_en/c/2023-11-13/569441.shtml), 2023-11-13: "On November 8, at Hitachi Energy's booth at the Sixth China International Import Expo, Shanghai Electric and Hitachi Energy announced the establishment of a joint venture, Shanghai Electric Hitachi Energy Power Technology Co., Ltd., and held the inauguration ceremony."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.