Hitachi Power Europe GmbH (HPE), a subsidiary of Hitachi, Ltd., designs and constructs fossil-fired power plants. The plant constructor also supplies key components such as utility steam generators, environmental engineering equipment, turbines and pulverizers. Including subsidiaries, approx. 1,900 staff are on the company's payroll (as of January 2010).
As a market and technology leader - in utility steam generators, for instance - HPE relies on modern, ecologically sound and economic plants. In this way, the company - with its head offices in Duisburg - plays a prime role in securing the supply of electricity on the markets in question.
As an energy plant constructor, Hitachi Power Europe GmbH benefits both from the growing demand for electricity and the boom in power plant construction across the world. This is shown by the fact that in Germany alone some 40,000 megawatts (MW) of power plant capacity is scheduled to be installed up to 2020 - the figure for Europe being approx. 200,000 MW. HPE is playing a major role here in the modernization of the European power generation system.
Within the Hitachi Group, which has revenues of approx. US$ 102 billion and a 390,000 workforce, HPE is responsible for the markets in Europe, the former CIS states, Africa and the Middle East.