Siemens having completed the commissioning of its 100th STATCOM has achieved a milestone of supplying 100 STATCOMs to the utilities all over the globe. This is a huge achievement for Siemens as it marks them as a key supplier of SVC Plus/STATCOM technology. Siemens is not stopping here but also developing more advanced FACTS. Recently, Siemens also launched UPFC (Unified Power Flow Controller) Plus which falls under 3rd generation of FACTS. Link to the news: https://press.siemens.com/global/en/feature/stabilizing-grid-siemens-ensuring-reliable-power-supply-innovative-statcom-technologies