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.

Merus Power enters the US FACTS market with an order of two STATCOMs

Merus Power is a Finland based manufacturer of power quality solutions. Having a product line of MV FACTS solutions, they have a strong presence in steel and mining sectors of EMEA. In beginning of the year, Merus has reported bagging of two STATCOM orders from an...