


Flexible AC Transmission Systems Market
Flexible AC Transmission Systems (FACTS) have been part of grid reliability equipment for more than 6 decades. The technological advancement in power electronics, semiconductor devices and control systems has contributed a great deal in development of highly efficient systems to ensure grid reliability. The new energy mix in grid also warrants the need of FACTS in transmission systems. Within PTR’s FACTS market research, a wide range of services are offered to provide in depth analysis of FACTS market in utility, renewable and industries across the globe.

Port of Kiel aims to become carbon neutral by 2030.
The Port of Kiel has shown a strong inclination to decarbonize port operations. In this spirit, the port authority has launched their three-step plan to become carbon neutral through the interaction of wide range of measures. The port aims to reduce emissions by 60%...
GE reports multiple STATCOM and SVC orders for year 2021
GE is a global key supplier of FACTS devices. GE's legacy originates from decades of Alstom experience which was acquired by GE in 2014. Recently, GE has reported multiple STATCOM and SVC wins from all across the globe. Two of these orders are for SVCs and two are for...
Hitachi ABB Power Grids rebrands itself as Hitachi Energy
A rapidly changing landscape in energy sector has made several companies redesign their strategies to address growing needs of this sector. This move not only redefines the brand outlook but also indicates Hitachi's direction as the company wants to expand its...
SEC has announced bid results for installation of STATCOM at substation in Riyadh
Al Gihaz Contracting company, part of Al Gihaz Group has been active in Saudi power market since 1975 with a track record of delivering more than 100 HV/MV projects in KSA. The company has recently submitted lowest bid to SEC for installation of STATCOM at 9098...
Hitachi ABB Power Grids has successfully energized fixed series capacitor project in transmission network of Minnesota Power
Minnesota Power is first utility in the state of Minnesota to deliver 50% renewable energy to its consumers. In order to meet their goal of supplying 100% renewable energy by 2050, Minnesota Power is bringing hydropower from Manitoba, Canada to its customers in...
Siemens Energy to supply Italian transmission system operator (TSO) Terna with two STATCOMs
Siemens has been able to land its first STATCOM order from Italy. Like other European countries, Italy has also ambitious plans to integrate a large share of renewables in its energy mix. Deployment of renewables at such a large scale poses challenges to grid such as...
ESB Ireland has awarded three STATCOM contracts to Siemens Energy for three sites in South Western Ireland
Siemens Energy will be providing three SVC Plus systems to The Electricity Supply Board (ESB), Ireland for their three sites. Siemens will provide these systems on turnkey basis and these projects will be installed at substations in Ballyvouskill, Ballynahulla and...
Siemens Energy has signed an EPC contract with ESB to install synchronous condenser with fly wheel at Moneypoint power station in County Clare
Electricity Supply Board (ESB) has contracted Siemens Energy to install synchronous condenser with flywheel at Moneypoint power station in County Clare. The synchronous condenser will incorporate the fly wheel to provide high inertia to sustain grid frequency,...
NR-Electric has successfully put an SVC in operation as a part of CLSG project
In order to enable four African countries to get benefit from future hydro plants in the region, a 225 kV transmission line of 1303 KM has been developed which connects Cote dIvoire, Liberia, Sierra Leone and Guinea through 12 substations. To ensure voltage and...
RXHK has commenced construction of new power electronics facility to expand their production capacity
RXHK is a Chinese manufacturer of FACTS and HVDC systems. In past few years, they have completed multiple FACTS projects across key countries of APAC and Africa. They are also expanding in rest of the regions especially Europe. To meet with the growing demand of their...
Hitachi ABB Power Grids has secured an order from Amprion to install two STATCOMs to stabilize the German power grid
German power system is undergoing a massive transition in their energy mix with an aim to cater 80% of their energy need from renewable energy resource by 2050. This shift in energy mix will cause closing of conventional power plants and installation of renewable...
Siemens Energy has won STATCOMs order from Amprion to stabilize the German transmission grid
The share of renewable energy in German grid is increasing very rapidly. Most of the renewable energy is generated in North of Germany and the real challenge lies in the transport of that generated electricity to demand centers of Germany. Due to intermittent nature...
Siemens Energy has been awarded first grid stabilization project in Sudan
Having surplus amount of electricity production, Egypt has emerged as energy export hub in the region. This has opened possibilities of multiple interconnections not only with the middle eastern countries but also with European and African economies. Egypt-Sudan AC...
PGCIL will be installing 400 kV substation including a STATCOM to connect upcoming solar energy zones in Rajasthan to main grid
Bikaner II Bhiwadi Transco Ltd (BBTL), a company recently acquired by Power Grid Corporation of India Ltd (PGCIL) will be installing transmission infrastructure in Rajasthan to connect new solar projects to main grid. The total capacity of these solar projects is...
Siemens Energy has won an order for the supply of SVC Plus (STATCOM) to Los Angeles Department of Water and Power (LADWP)
Barren Ridge Switching Station is an energy transmission facility located at about 80 miles from LA. Increasing number of renewable sources such as wind, solar and hydro induces need of a system which can stabilize the transmission due to intermittent nature of...
AMSC has reported power systems orders of worth USD 15 Million
American Superconductor Corporation a leading system provider in the power industry has received orders worth $15 million from US based customers. The orders will serve local renewable and industrial sector. The orders include supply of AMSCs D-VAR STATCOM system,...
Hitachi ABB Power Grids has submitted lowest bid for the supply of three STATCOM systems for three substations in Bahrain
This is first time Bahrain is about to invest in FACTS to secure their transmission network. In lieu of that, Electricity and Water Authority (EWA), Bahrain has floated a tender for procurement of STATCOMs for its three 220 kV substations named new Hidd, new Riffa and...
Statkraft has awarded an EPC contract to ABB for installation of two high inertia synchronous condensers
ABB has been awarded a contract by Statkraft for the supply and installation of synchronous condensers with flywheel in Liverpool. This project contains installation of two high inertia synchronous condensers of 67 Mvar with 40 tonne flywheels and ancillary equipment...
Installation and commissioning of STATCOM for 150 MW wind power project
MingYang Smart Energy, a Chinese supplier of STATCOMs/SVGs have recently deployed three SVGs for 150 MW wind power project situated an altitude of 3100 meters. MingYang Smart Energy has been actively capturing FACTS market which are deployed in solar and wind farms....
SEC has signed an EPC contract with Alfanar Construction for the supply and installation of STATCOM at substations at Amaala
Saudi Electric Company (SEC) has awarded a contract for installation of 132/33 kV substations at Amaala to Alfanar Construction. This project contains construction of two substations namely, Miraya and Triple Bay. These substations will be equipped with 20 MVAR...
C-EPRI has successfully put 2 sets of FACTS into operation in Inner Mongolia for renewable energy integration
Under UHV transmission project "Five Stations and Five Lines" to transmit the wind power of Xilinguole to North China, C-EPRI has recently supplied STATCOMs for two 500kV substations. The effort is part of delivering clean energy to Inner Mongolia through a stable...
Siemens has successfully commissioned and installed synchronous condenser for Kiamal solar farm
Australia has been facing challenges pertaining to grid stability for more than 5 years due to rapid penetration of renewable energy. Kiamal Solar farm is owned by Total Eren (an IPP) and has a capacity of 256 MW. Australia Energy Market Operator (AEMO) identified the...
SEC has signed an EPC contract with Alfanar for the supply and installation of STATCOM at Najran Substation
This is second contract of STATCOM signed by Saudi Electricity Company (SEC) in the start of year 2021. This contract is awarded to Alfanar Construction which is a major contractor of power projects in KSA. Alfanar Construction will be working with General Electric...
SEC has signed an EPC contract with Siemens for the supply of Dynamic Reactive Power Compensator (DRPC)
Saudi Electricity Company (SEC) has plans to improve their transmission network's voltage stability. To achieve these plans, SEC has recently awarded an order to Siemens for the supply of STATCOM to be installed at Kudimi Substation. The scope of project is not...
C-EPRI has successfully put two STATCOMs in operation at Qinghai Cold Lake 330kV substation
China Electric Power Research Institute (C-EPRI) (a subsidiary of SGCC) is a research institute developing technologies utilized in electric power systems. C-EPRI has capabilities to develop high voltage power electronics systems. To improve the reliability of 330 kV...
Installation and commissioning of STATCOM for 475 MW Wind Farm is completed
When it comes to renewable energy integration with grid, China has stringent requirements which warrant requirement of STATCOM/SVG with every wind and solar plant. This has been made possible by local FACTS manufacturers who are offering cheaper solutions to Chinese...
SSEN has reported successful completion of first two STATCOMs at 57.029427
Siemens with BAM Nuttall Limited (a UK based construction and civil engineering company) has successfully installed two STATCOMs in the network of Scottish and Southern Electricity Networks (SSEN). These are the first two STATCOMs that have been installed in SSEN...
Siemens bags three Synchronous Condensers orders from Estonian transmission system operator
Elering AS has awarded Siemens Energy with a contract to install first FACTS devices to be installed in Baltic states. The synchronous condensers are installed to provide inertia for the stable operation of the grid due to ongoing integration of renewable energy...
NR-Electric has successfully put one of the highest SVCs in the world into operation
Ali power network project is world highest power transmission project started in 2019. The transmission lines deployed in this project have length of about 1700 Kms with major towers deployed over average elevation of 4000 meters. The network structure of Tibet power...
Siemens has successfully energized Fixed Series Capacitors at Serra da Mesa substation in Brazil
Siemens has reported successful installation of Fixed Series Capacitors at Serra da Mesa substation. For past few years, Brazil has been expanding its transmission lines capacity by installing multiple series capacitors systems in its network. Earlier this year, three...