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 ...

AngloGold Ashanti’s Geita Gold Mine to be connected to Tanzania’s national electricity grid, powered 45.5 percent by renewable energy The 80 percent reduction in diesel usage will help the mine save ...

Hitachi Energy, the global technology and market leader in power grids, has been selected by Aker BP, the Norwegian oil and gas exploration and production company, as technology partner for the NOAKA ...

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 Energy is set to design and deliver a new power quality solution, billed as the first of its kind, after winning an order from SP Energy Networks, an electricity network operator covering ...

ZURICH, SWITZERLAND, Feb 15, 2024 - (JCN Newswire) - - Hitachi Energy has signed a major order with German state-owned transmission system operator, TransnetBW to enable the expansion of renewable ...

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 ...