ABB awarded $47m

ABB has been awarded $47m to design, supply, install and commission four series compensators and a Static VAr Compensation (SVC) solutions in Peru.

The work, to be completed by 2011, is expected to stabilize power flow and increase the capacity of existing 220kV transmission lines. The project is expected.

‘This solution is designed to enhance the supply of electricity through the existing transmission network without constructing new lines,’ said Peter Leupp, head of ABB’s Power Systems division. ‘It will improve grid stability and help meet growing consumer needs in the region.’

SVC and Series Compensation are part ABB´s group of FACTS (flexible alternating current transmission systems) technologies, which are said to enhance the capacity, reliability and efficiency of existing power transmission systems. They can also facilitate the evolution of ‘smarter’ grids.

By enhancing the capacity of existing networks, FACTS solutions can reduce the need for capital investment, providing an alternative to the construction of new transmission lines.