STATCOM Market Size to Surpass USD 1.24 Billion by 2033 | Research by SNS Insider

The U.S. STATCOM (Static Synchronous Compensator) market was valued at USD 0.17 billion in 2025E and is projected to reach USD 0.29 billion by 2033, registering a CAGR of 6.69% during 2026–2033.
The Nation Newspaper

The Role of Static Compensators (STATCOM) in the Stability of Nigeria’s Aging Power Grid

Engr. Adekunle Awoniyi, a seasoned power system engineer, brings a wealth of experience from his tenure at the Transmission Company of Nigeria (TCN), where he worked on various projects to improve the ...
Business Wire

Hyosung Chairman Cho Hyun-Joon Leads Next-gen Power Tech with World's Largest STATCOM

Completes installation of world’s single largest 400-Mvar (megavar) STATCOM Chairman Cho Hyun-Joon: “We will explore overseas markets more quickly with the only Korean technology to commercialize ...
T&D

U.K.'s National Grid Energizes First-of-its-Kind STATCOM Scheme

National Grid in the United Kingdom has energized its Dynamic Reactive Compensator (DRC) project, which represents the largest utility-grade static synchronous compensator (STATCOM) scheme in Europe, ...