In 2023, the size of the worldwide STATCOM market was USD 603.3 million. The market is anticipated to increase by USD 941.2 million by 2029, representing a CAGR of 5.9% over the forecast period, from ...
Selbyville, Delaware, Aug. 10, 2022 (GLOBE NEWSWIRE) -- The global static synchronous compensator (STATCOM) market is expected to cross USD 2 billion by 2030, according to the latest market research ...
Hitachi ABB Power Grids, the behemoth joint venture firm officially launched last year when Japanese technology conglomerate Hitachi acquired a majority share in Swiss conglomerate ABB’s Power Grids ...
The power grid has always been a dynamic system, but today its dynamic behavior has been come even more challenging for utilities because of the increased deployment of renewable energy sources and ...