by Asad Tariq | 2022, July, 26 | Asad Tariq, SVCs/STATCOMs
APAC presents a significant market opportunity for numerous Flexible AC Transmission Systems (FACTS) devices for key T&D OEMs. The region can further be segmented into the Chinese market and rest of the APAC market, due to varying regional market dynamics. In the...
by Asad Tariq | 2022, May, 25 | SVCs/STATCOMs
The Middle East has primarily relied on oil and gas resources to meet power needs. However, Middle Eastern countries are gradually increasing the share of renewables in their generation mix. KSA and UAE are the key countries which are actively participating in this...
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....
