ABB (SIX: ABBN) has won a $55m order package from the leading Canadian utility BC Hydro to deliver FACTS (flexible alternating current transmission systems) solutions.
The Swiss-Swedish multinational’s technology is to be used to help increase transmission capacity through new and existing power lines in British Columbia.
ABB will design, supply, install and commission three series capacitors: two at Seymour Arm and one at Ruby Creek.
BC Hydro forecasts that the province's electricity needs will grow by approximately 50 per cent over the next 20 years, as its population and economy grows.
The Ruby Creek installation is part of the Interior to Lower Mainland Transmission Project, a new 500 kV line being constructed to help ensure that homes and businesses in the Lower Mainland and Vancouver Island continue to receive clean and reliable energy.
The Seymour Arm series capacitor will enable more power flow without having to construct an additional transmission line.
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