AMSC Announces $6M in STATCOM Orders in Asia Pacific

AMSC

, a global solutions provider serving wind and power grid industry leaders, today announced two new D-VAR® STATCOM orders worth approximately $6 million to supply a PQ-IVR® Power Quality Solution to a semiconductor fabrication plant and a D-VAR® Renewable Interconnectivity Solution to a wind farm in Australia. The systems are expected to be delivered by the end of this fiscal year. "We continue to show strength in our STATCOM business. The PQ-IVR order demonstrates progress on our long-term strategy of growing the business beyond the interconnection of renewables to the electricity grid," Daniel P. McGahn, President and CEO, AMSC. AMSC's STATCOM solutions provide dynamic voltage control, power factor correction, and post-contingency reactive compensation to stabilize the power grid and prevent undesirable events such as voltage collapse. D-VAR reactive compensation systems are classified as Static Compensators, or "STATCOMs," a member of the FACTS (Flexible AC-Transmission System) family of power electronic solutions for alternating current (AC) power grids. The D-VAR system is designed to be able to detect and instantaneously compensate for voltage disturbances by dynamically injecting leading or lagging reactive power into the power grid. PQ-IVR Power Quality Solution The semiconductor fabrication plant is expanding its existing facilities, and as a result of the expansion, requires protection against momentary voltage sags and swells. Sensitive industrial processes, like semiconductor manufacturing, can be impacted by even the briefest variations in electrical power quality. In fact, in the U.S. alone, even momentary power outages cost industrial facilities billions of dollars a year. AMSC's PQ-IVR system offers large industrial customers a superior way to mitigate disruptive power quality in milliseconds, resulting in improved reliability and smooth, efficient operation. D-VAR Renewable Interconnectivity Solution Located at the wind or solar plant substation, AMSC's D-VAR system provides the critical dynamic reactive compensation essential to connect renewable power plants to the grid effectively and in compliance with even the most stringent interconnection requirements. Additionally, the D-VAR system improves the overall performance of wind farms. The D-VAR solution is a cost-effective solution for steady-state voltage regulation, power factor correction, dynamic reactive support, system stability improvement, power oscillation damping and low and high voltage ride-through (LVRT, HVRT) capability for entire renewable power plants.