by Asad Tariq | 2022, May, 19 | SVCs/STATCOMs
China, in pursuit of its economic objectives, has been persistently increasing generation capacity. A significant proportion of demand for FACTS in China is driven by renewables. The STATCOMs market is expected to grow in tandem with the integration of renewables with...
by Hassan Zaheer | 2022, April, 11 | Asad Tariq, SVCs/STATCOMs
• The FACTS market has gained a lot of traction across the globe in various application verticals, especially in the renewable sector. • In 2021, utilities awarded 95% of the FACTS projects, focused on incorporating increasing load demand and new interconnections with...
by Qutab Baig | 2022, March, 29 | SVCs/STATCOMs
Static VAR Compensator (SVC) is a conventional FACTS technology and has been a part of power grids across the globe for many decades. Advancement in power electronics switches and better control mechanisms have brought Static Synchronous Compensator (STATCOM) to life....
by Qutab Baig | 2021, November, 30 | Qutab Baig, SVCs/STATCOMs
• The EU Commission has set an ambitious target for EU countries to increase their share of renewable energy to 40% of final consumption by 2030.• In the U.S., Minnesota Power has announced a target of providing 100% carbon free electricity to its consumers by 2050...
by Qutab Baig | 2021, September, 17 | Qutab Baig, SVCs/STATCOMs
The infographic presents an overview of STATCOM market in North America which includes provides a quick summary on installed base, competitor ranking and application verticals where STATCOMs are deployed. Download this Infographic Download Now More about our Flexible...
