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AMSC, a global energy solutions provider serving power grid and wind industry leaders, today announced $20 million of D-VAR® STATCOM system orders. Most of the orders pertain to the renewable energy sector in the U.S. followed by a few orders serving the industrial power quality sector. These D-VAR systems are expected to provide voltage regulation by dynamically responding to varying load conditions while connecting wind power plants to the electric grid.
“These new D-VAR orders further strengthen our backlog and extend our grid visibility into fiscal 2020,” said Daniel P. McGahn, Chairman, President and CEO, AMSC. “We continue to expect strong Grid growth driven by D-VAR shipments for fiscal year 2019.”
Customers utilize AMSC’s D-VAR solutions to provide dynamic voltage control, power factor correction, and reactive compensation to stabilize the power grid and prevent undesirable events such as voltage collapse. 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.
These solutions are designed to augment the overall performance of wind farms and to enable developers to meet grid interconnection requirements. The system is a powerful, cost-effective way to provide continuous voltage regulation, improve voltage stability, meet interconnection requirements, and dynamically provide grid support where it is needed.
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.