-AMSC Announces $ 6 Million in STATCOM Orders in Asia Pacific
DEVENS, Mass. - AMSC (Nasdaq: AMSC), a global solutions provider serving wind and power grid industry leaders, today announced two new D-VAR STATCOM orders worth approximately $ 6 million to supply a PQ-IVR Power Quality Solution to a semiconductor fabrication plant and a D-VAR Renewable Interconnectivity Solution to a wind farm in Australia.
The systems are expected to be delivered by the end of this fiscal year.
'We continue to show strength in our STATCOM business. The PQ-IVR orde...