ITC, Mitsubishi Electric Strengthen Strategic Alliance
ITC Holdings Corp., Mitsubishi Electric Corp. and Mitsubishi Electric Power Products, Inc. are expanding their existing business alliance to develop and produce extra high-voltage 765 kV 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 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.
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