Learners Live

Did you Know?
Menu

Hitachi to Invest $1 Billion to Produce Power Grid Components in US by Laila Kearney

William Attardi on September 5, 2025

Hitachi plans to invest $1 billion to expand its U.S. power grid infrastructure manufacturing, its energy unit said on Thursday, as the country faces record electricity demand from Big Tech’s build-out of AI data centers. The U.S. holds the biggest concentration in the world of data centers, which are expected to triple their energy use to consume about 12% of the domestic power supply in less than three years. As a result, many utilities are ramping up spending on the long-stagnating electrical grid. Nearly half of Hitachi Energy’s latest investment, or $457 million, will go towards building a new facility in South Boston, Virginia, to manufacture large power transformers. The facility will be the biggest U.S. producer of the massive transformers, which can run as large as a two-story home, Hitachi said.  Hitachi to invest $1 billion to produce power grid components in US | Reuters

Hitachi Energy Commits $250M to Address Transformer Shortage

William Attardi on March 10, 2025

Electricity demand associated with artificial intelligence and data center development mean “the need for transformers has surged beyond initial projections,” Hitachi Energy said. Hitachi Energy on Monday announced a $250 million investment to expand global production of critical components for electrical transformers, including “enhancing production capacity at the company’s transformer factories in Virginia, Missouri, and Mississippi.” Power management company Eaton announced in February that it will invest $340 million to increase U.S. production of its three-phase transformers. Production and hiring is expected to begin in 2027 at the company’s production facility in Jonesville, South Carolina. Hitachi Energy commits $250M to address transformer shortage | Utility Dive

 

What Are Stablecoins and How Do They Work?

Stablecoins are less volatile than other cryptocurrencies (like Bitcoin) and due to crypto assets’ inherent instability, stablecoins are growing in popularity with both crypto and traditional markets. Stablecoins are a type of crypto asset, but one that offers a way to bridge the gap between fiat currencies like the U.S. dollar and cryptocurrencies. Because they are price-stable digital assets that behave like fiat but maintain the mobility and utility of cryptocurrency, stablecoins are a novel solution to crypto volatility: price stability is built directly into the assets themselves.  There are four primary stablecoin types, identifiable by their underlying collateral structure: fiat-backed, crypto-backed, commodity-backed, and algorithmic stablecoins.  What Are Stablecoins and How Do They Work? | Gemini