Since the announcement by SINCRO.GRID to install modern grid technologies to improve the security and reliability of power supply in transmission networks of Slovenia and Croatia, there are many FACTS players who are actively pursuing multiple projects. This is an interesting win by GE in Slovenia considering Siemens’ stronger references in Sincro.Grid. Siemens has been involved in multiple reactive power compensation projects in the Sincro.Grid transmission network and also been a key player in STATCOM market. In such scenario, GE entrance through STATCOM order is an interesting development. Link to the news: https://www.sincrogrid.eu/en/News/ArticleID/288/Start-of-activities-for-the-installation-of-the-STATCOM-compensation-device