HTHIF - Quanta Service Hitachi to build largest U.S. clean energy infrastructure project

2023-05-04 09:44:09 ET

Renewable energy developer Pattern Energy said Thursday it selected Quanta Services ( NYSE: PWR ) and Hitachi Energy ( OTCPK:HTHIF ) ( OTCPK:HTHIY ) to build its SunZia Transmission and Wind project in New Mexico.

Quanta Services ( PWR ) said it will provide a turnkey solution for the 550-mile 525kV high-voltage direct current SunZia Transmission line that will deliver up to 3K MW of wind power to the southwestern U.S.

Hitachi Energy ( OTCPK:HTHIF ) ( OTCPK:HTHIY ) will supply the HVDC Converter Stations and utilize its HVDC Light technology and MACH digital control platform for the SunZia project.

SunZia Transmission will open access to the western energy markets to SunZia Wind, the Western Hemisphere's largest wind project, which is comprised of more than 3,500 MW of new wind generation.

Quanta Services ( PWR ) also reported better than expected Q1 adjusted earnings and revenues .

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