ABB to supply system to stabilize grid, increase transmission capacity

ABB (NYSE: ABB) has won $45 million worth of orders from Oncor to provide technology that will increase transmission capacity, stabilize the grid and help integrate renewable energy in Texas.

ABB’s flexible alternating current transmission systems (FACTS) will be incorporated into the Competitive Renewable Energy Zones (CREZ) program, which aims to increase the contribution of renewable energy in Texas by up to 18 GW.  ABB will design, supply, install and commission one static var compensator (SVC) and two series compensators.

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