Hyosung Heavy Industries Ships First Container-Type STATCOM to Japan's Nissin Electric

Yokota Takeshi, CEO of Hyosung Heavy Industries (sixth from the left), along with representatives from Nishin Electric and Hyosung Heavy Industries, are taking a commemorative photo for the shipment. Photo by Hyosung Heavy Industries

Hyosung Heavy Industries held a shipment ceremony on the 6th in Haman, Gyeongnam, for container-type STATCOMs (Static Synchronous Compensators) delivered to Japan's Nissin Electric Co., Ltd.

The product shipped this time is the first type of container-installed STATCOM using Hyosung Heavy Industries' proprietary 'MMC (Modular Multilevel Converter)' STATCOM technology. The 'MMC' technology is a method that controls large-capacity power by utilizing an intelligent power grid. This product will be supplied to Kobe Steel, one of Japan's major steel companies, through Nissin Electric. It is expected to serve as a foothold for pioneering the Japanese market in the future.

STATCOM is a facility that stably controls voltage fluctuations during power transmission and distribution using power electronics technology. It enables stable power supply by maintaining output voltage constant even during renewable energy generation such as wind and solar power, where voltage rapidly changes depending on weather conditions. Additionally, it improves power quality by controlling flicker generated in factories consuming large amounts of electricity, such as steel companies. Flicker refers to the phenomenon where lights (such as bulbs) flicker due to sudden voltage fluctuations.

The container-type STATCOM delivered this time has higher economic efficiency due to shorter and simpler installation time compared to conventional building-type STATCOMs. Also, since the STATCOM is installed in a container and can be moved, it has the advantage of flexibly responding to temporary power load issues and natural disasters.

Takashi Yokota, CEO of Hyosung Heavy Industries, stated, "The global adoption of renewable energy and the carbon reduction movement in existing industries are accelerating," and added, "We will quickly respond to the increasing global demand for container STATCOMs through our technological capabilities and customer-oriented management."

Meanwhile, Hyosung Heavy Industries is accelerating its efforts to pioneer the overseas STATCOM market. In the first half of this year, Hyosung Heavy Industries signed three contracts to supply STATCOMs to the eastern United States, and in July, it signed a contract to supply a 200 Mvar STATCOM to Taiwan Power Company (TPC) for the first time.

This content was produced with the assistance of AI translation services.