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    1. Home
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    3. >Amprion, Hitachi Energy sign over $2 billion contract for German converter stations
    Finance

    Amprion, Hitachi Energy Sign Over $2 Billion Contract for German Converter Stations

    Published by Global Banking & Finance Review®

    Posted on December 20, 2024

    2 min read

    Last updated: January 27, 2026

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    Image of the contract signing event between Amprion and Hitachi Energy, highlighting their collaboration on $2 billion investment for German converter stations, crucial for energy transition.
    Contract signing between Amprion and Hitachi Energy for $2 billion German converter stations - Global Banking & Finance Review
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    Quick Summary

    Hitachi Energy and Amprion sign a $2 billion contract for German converter stations, supporting the energy transition with new infrastructure.

    Amprion and Hitachi Energy's $2B German Converter Deal

    FRANKFURT (Reuters) - Hitachi Energy, a Swiss-based supplier of power technology and electrification, said on Friday it has signed contracts worth more than $2 billion with German grid operator Amprion for four converter stations.

    The stations for the high-voltage grid operator's Korridor B project contribute to Germany's energy transition, which requires the upgrading and building of power lines to prepare them for linking thousands of wind turbines and solar panels.

    Korridor B, a direct current link, will comprise of one 2 gigawatt (GW) power line to run between Heide and Polsum, and another 2 GW one from Wilhelmshaven to Hamm-Uentrop.

    It will bring wind power from the North to the populous industrial state of North Rhine-Westphalia by the early 2030s.

    In 2023, over 10% of wind power generated in northern Germany was curtailed due to grid limitations, a flaw in the transition that new point-to-point lines will help remedy.

    Hitachi Energy's high-voltage direct current (HVDC) converters are needed to link the new infrastructure to legacy, alternating, power distribution systems.

    Amprion, 25.1% owned by utility RWE, operates an 11,000 kilometre grid stretching from the North Sea to the Alps.

    Hitachi Energy said it project will create 2,100 direct and indirect jobs, with 80% located in Germany.

    (Reporting by Vera Eckert, editing by Madeline Chambers)

    Key Takeaways

    • •Hitachi Energy signs $2 billion contract with Amprion.
    • •Four converter stations to aid Germany's energy transition.
    • •Korridor B project to link wind power to North Rhine-Westphalia.
    • •HVDC converters to integrate with legacy systems.
    • •Project to create 2,100 jobs, mostly in Germany.

    Frequently Asked Questions about Amprion, Hitachi Energy sign over $2 billion contract for German converter stations

    1What is the main topic?

    The article discusses Hitachi Energy's $2 billion contract with Amprion for building converter stations in Germany.

    2Another relevant question?

    How will the Korridor B project impact Germany's energy transition?

    3Third question about the topic?

    What role do HVDC converters play in the new infrastructure?

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