• FACTS devices tend to have wide range of applications in the grid including voltage stability, renewable integration support and dynamic power compensation (increases active power transmission capacity).• Modern FACTS devices include static var condensers, static...
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Unveiling Africa’s FACTS Market: A Decade in Review
In recent years, African countries have demonstrated a desire for grid expansion as well as a shift toward renewables, particularly wind and solar, to meet their primary energy needs. To boost the economy of the region, expansion in the mining and steel industries has...
CIGRE Conference Impressions – 2022
The CIGRE Paris session, which ended just four weeks ago, was a mix of optimism and anxiety. The conference was attended by more than 9,000 attendees from 120 counties, out of which 35% were from the electrical utilities and 25% from the manufacturing sector. In past...
Leveraging STATCOM Technology to Meet Renewable Energy Targets in the EMEA Region
• EMEA region is actively pursuing deployment of renewables in order to meet the growing energy demand.• Europe is set to become first climate neutral continent by 2050 as per the EU green deal.• SVC technology has the highest share in terms of installed base in the...
The FACTS Frontier in the Americas: 2016-2020
Due to evolving grids and stringent regulations regarding grid security, the Americas is considered one of the most important markets for any T&D infrastructure deployment. The region offers a great market opportunity for several Flexible AC Transmission Systems...
China’s FACTS Industry Sees Opportunity in Africa’s Expanding Grid Infrastructure
• In the last decade African countries have been significantly pushing to increase the electricity generation capacity with a special focus on renewables (solar and wind) and to expand the grid infrastructure.• FACTS in now playing the role of an enabler for region’s...
Stable Grids for Clean Energy – Growing FACTS Demand in the GCC
A significant outcome of COP26 included countries not only reaffirming their pledge towards reduction of emissions but provision of financial support as well to cap average rise in global temperature to 1.5 degrees. Nearly all the advanced and major economies across...
APAC’s FACTS Boom: A Look at the Market’s Growth and Key Players
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 past...
Impact of the Russia-Ukraine Crisis on Energy Markets
The global spotlight is on the Russia-Ukraine crisis, which has been responsible for wreaking havoc on international fossil fuel markets. Western powers responded to the crisis by proposing a number of sanctions on Russia, including ones on its fossil fuel exports....
FACTS in the Middle East: A Look at the Historical Landscape and Evolving Market Trends
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...
Meet Our Team at Hannover Messe 2022
Hannover Messe 202230 May - 2 June [dsm_text_divider header="Venue" color="#FFFFFF"...
China’s Drive for Economic Growth Fuels the FACTS Market
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...