AMSC Receives 150 MVAR Static VAR Compensator Order
- Second Order Received for Company's New Transmission-Level Product Line Since Introduction in September 2007 - Company Generating Increasing Commercial Orders and Development Contracts in Power Grid Sector
"Our new transmission-voltage SVC solution leverages the unique and proprietary thyristor switch technology we obtained earlier this year through our acquisition of Power Quality Systems, Inc.," said Greg Yurek, founder and chief executive officer of AMSC. "Now armed with a full range of reactive compensation solutions, our Network Solutions team is working with power transmission grid operators around the world to design highly effective solutions to help enhance power grid reliability and increase the flow of power through existing transmission assets."
Extech Instruments, a major supplier of test and measurement equipment for the industrial marketplace, was recently recognized as one of the select companies to receive top honors at the Sears Holdings' 2006 Partners in Progress awards.