Top Industry Leaders in the Volt VAR Management Market
*Disclaimer: List of key companies in no particular order
Industry Developments and Latest Updates:
ABB:
- June 2023: ABB announced the launch of its new PQflex+ STATCOM, a static synchronous compensator designed for grid stabilization and power quality improvement. The PQflex+ STATCOM can be used to manage voltage and reactive power, and can help to improve grid reliability and efficiency. (Source: ABB press release)
S&C Electric Company:
- May 2023: S&C Electric Company announced the launch of its new PureWave 5000D distributed capacitor bank. The PureWave 5000D is designed to provide reactive power compensation for distribution systems, and can help to improve voltage stability and power quality. (Source: S&C Electric Company press release)
DC Systems:
- April 2023: DC Systems announced the launch of its new IntelliVolt VAR optimizer. The IntelliVolt VAR optimizer is designed to automatically adjust capacitor banks to optimize voltage and reactive power levels on distribution systems. (Source: DC Systems press release)
Beckwith Electric:
- March 2023: Beckwith Electric announced the launch of its new Power Factor Correction (PFC) system. The PFC system is designed to improve power factor on distribution systems, which can help to reduce energy costs. (Source: Beckwith Electric press release)
Utilidata:
- February 2023: Utilidata announced a partnership with ABB to develop and deploy a new Volt/VAR management solution. The solution will use Utilidata's grid edge intelligence platform to collect and analyze data from distribution systems, and ABB's PQflex+ STATCOM to manage voltage and reactive power. (Source: Utilidata press release)
Top Companies in the Volt/VAR Management market includes,
ABB
S&C Electric Company
DC Systems
Beckwith Electric
Utilidata
Open Systems International
Landis+Gyr
Advanced Control Systems
Siemens
Schneider Electric
GE
Eaton
VArentec, and others.