Mitsubishi Electric Receives Order for Taiwan's First STATCOM for Power Stabilization

TOKYO, May 26, 2023 - Mitsubishi Electric Corporation (TOKYO: 6503) announced today that its Taipei-based affiliate Shihlin Electric & Engineering Corporation has received an order from Taiwan Power Company for Taiwan's first* static synchronous compensator (STATCOM) for power grid stabilization. STATCOMs are devices that control and stabilize voltage in power systems by instantly providing reactive power.** The STATCOM from Mitsubishi Electric will be delivered to the Nanke Substation in Tainan and installed in a substation designed to blend in with its surrounding landscape and community.