The Amper group, through its subsidiary Electrotécnica Industrial Naval (Elinsa), has signed an agreement to supply the Sevillian company Experience Knowledge Strategy (EKS Energy, part of the Hitachi Energy group) with energy storage equipment for an amount of 340 million euros(155 for the period 2025/27, extendable until 2030 for 185 million more), as reported by Amper to the National Securities Market Commission (CNMV).
The agreement is part of the alliance between Amper and EKS Energy for which Elinsa is the “preferred manufacturer” of EKS Energy products, “which guarantees Elinsa a substantial participation in EKS Energy’s manufacturing needs,” Amper stressed. It implies an increase in Elinsa’s manufacturing capacities from 2 gigawatts (GW) per year. current up to 4, for which the construction of a new factory in the Morás industrial estate in Arteixo (La Coruña).
Integration into Hitachi
The agreement is known just on the day that EKS Energy celebrates the first anniversary of its acquisition by Hitachi Energy, which bought a majority stake in the Sevillian energy company from Powin. A year that the Sevillian company values as a period of “growth, innovation and collaboration that positions the company at the forefront of the energy transition.” To celebrate this milestone, EKS presented its new office together with its official rebranding as part of Hitachi Energy.
EKS, formerly Green Powerwas purchased in 2022 by Powin. That year, its turnover reached 80 million euros after a trajectory of more than twenty years in the integration of more than 4.5 GW in renewable installations and 7 GWh of storage systems around the world. In October 2023 was acquired by Hitachi Energy. Since then EKS “has accessed new markets and customers, especially in Europe, the US and Australia. Hitachi Energy’s strong European presence has been fundamental in this expansion, allowing EKS Energy to consolidate its position in existing markets and explore new business opportunities globally,” explains Hitachi in a note.
EKS is currently expanding its facilities and laboratories in Sevilleand using Hitachi Energy laboratories in the US, Italy and Australia to support its growing operations. This expansion is a testament to the strong business momentum and robust product roadmap it has developed under the Hitachi Energy umbrella.
Synergies
Alberto PrietoCEO of EKS Energy, explained that “the integration into the Hitachi Energy family has created important synergies. This collaboration has accelerated our joint innovation efforts and has also expanded our market reach. By combining our strengths, we are developing cutting-edge power electronics “which allows greater integration of solar energy into the grid, opening new markets and opportunities worldwide.”
Among those opportunities Prieto cites the project Waratah Super Batteryor the planned launch in early 2025 of an innovative liquid cooled invertero, developed thanks to the close collaboration between the R&D teams of EKS Energy and Hitachi Energy.
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