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Posted: Monday, 22 June 2009 3:32PM

ITC, Mitsubishi Electric strengthen strategic alliance



Novi-based ITC Holdings Corp., Mitsubishi Electric Corp. and Mitsubishi Electric Power Products Inc. Monday announced that they are expanding their existing business alliance to develop and produce extra high voltage 765 kilovolt circuit breakers and 765 kV power transformers.

The companies will concentrate on improving product development lead times, efficiency, technical design, material standardization and life cycle costs. Their efforts will help address a number of transmission industry challenges including the availability and supply of extra high voltage power transformers in North America.

Mitsubishi Electric will produce 765 kV transformers for use in ITC’s Green Power Express project, a 3,000-mile long network of transmission lines that will move renewable energy from remote areas in the Upper Midwest -- where large-scale wind generation is most promising -- to major Midwest and East Coast population centers.

In addition, ITC and Mitsubishi Electric Power Products have agreed to work jointly on development of a 765 kV circuit breaker that will go into production by 2011 at Mitsubishi Electric Power Products’ Warrendale, Pa., manufacturing facility.

“This alliance will enable us to advance development of the Green Power Express by ensuring access to high-quality, highly reliable 765 kV equipment while providing Mitsubishi Electric Corporation with impetus to manufacture some of this equipment in the United States," said ITC executive vice president and COO John E. Jipping.

Mitsubishi Electric Corp. and Mitsubishi Electric Power Products have extensive experience designing and producing extra-high voltage equipment. The companies are among a handful of transformer manufacturers in the world currently producing extra-high voltage transformers. Over the past five years, cooperation among ITC, Mitsubishi Electric Corporation and Mitsubishi Electric Power Products on the development of 345 kV and lower voltage breakers has resulted in lower production costs, shorter schedules and more reliable equipment commissioning. Mitsubishi Electric Power Products is a subsidiary of Mitsubishi Electric Corporation.

More at http://www.itc-holdings.com or www.diamond-vision.com.

Headquartered in Warrendale, Penn., Mitsubishi Electric Power Products, Inc. is the United States subsidiary of Mitsubishi Electric Corp., responsible for serving the North American power systems, rail transportation and water treatment industries with electrical and electronic products, systems, and services.  In addition, Mitsubishi Electric Power Products’ US-manufactured products are exported to many customers around the world.


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