The U.S. STATCOM (Static Synchronous Compensator) market was valued at USD 0.17 billion in 2025E and is projected to reach USD 0.29 billion by 2033, registering a CAGR of 6.69% during 2026–2033.

Abstract: Uncertainties of renewable energy sources like wind power are one of the considerable challenges of prosumer microgrids. To meet the grid codes requirements regarding the voltage stability ...

Mordor Intelligence has published a new report on the “Power Quality Equipment Market Size,” offering a comprehensive analysis of trends, growth drivers, and future projections.

Abstract: To meet the augmented load power demand, the doubly-fed induction generator (DFIG) based wind electrical power conversion system (WECS) is a better alternative. Further, to enhance the power ...

(IN BRIEF) The European Resource Adequacy Assessment 2025 warns of potential electricity supply risks in Europe over the coming decade, driven by the possible decommissioning of 6 to 8 GW of capacity ...

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO:6503) announced today that it has received an order for a static synchronous compensator (STATCOM) rated at ±700MVA, the world's largest ...

GE Vernova secured a contract with 50Hertz Transmission GmbH to deliver advanced STATCOM technology, supporting Germany’s transition to a renewable energy future The 300 Mvar FACTSFLEX GFM solution, ...

Engr. Adekunle Awoniyi, a seasoned power system engineer, brings a wealth of experience from his tenure at the Transmission Company of Nigeria (TCN), where he worked on various projects to improve the ...

TOKYO--(BUSINESS WIRE)--Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its Taipei-based affiliate Shihlin Electric & Engineering Corporation has received an order from Taiwan Power ...

Siemens Energy announced this week that U.S. power and energy infrastructure owner, LS Power, will be getting four of its static synchronous compensator (STATCOM) systems at substations in California.