MingYang Smart Energy is Chinese company actively involved in development of wind and solar energy in China. For last 2 decades, MingYang Smart Energy is also involved in R&D and manufacturing of SVCs and SVGs. Recently, they have completed commissioning of 40Mvar STATCOM for a 150 MW wind farm in China. PTR has seen a major growth in STATCOM usage in renewables industry in last one decade. Major market share holders of this equipment in China are Chinese companies themselves due to the price advantage they offer to developers as compared to the European and Chinese manufacturers. Link to the news: https://www.linkedin.com/posts/monica-lee-9b563678_powerquality-svg-statcom-activity-6737191898341081088-Lp64