AMSC has announced approximately US$ 9 million in six new D-VAR STATCOM orders received during the first four months of calendar year 2015.
The orders are in the company's core markets of the USA, UK, and Australia as well as South Africa, an emerging market. The systems will be used to connect wind power plants to the electric grid as well as to provide voltage regulation that will respond dynamically to varying load conditions. The systems are expected to be delivered during the first half of fiscal year 2015.
