Mitsubishi Electric wins DEWA substation orders
Power firm set to supply two SVCs in $55m deal
Mitsubishi Electric has announced that it has won a US $55 million turnkey order from Dubai Electricity and Water Authority (DEWA) for two large Static VAR Compensator (SVC) systems, for use at the Nahda Substation and Car Complex Substation.
The systems are set to be shipped in April 2013, and are scheduled to enter commercial operation by February of the following year.
The deal marks the first SVC system order from the Middle East for Mitsubishi, and the firm says that it reflects its intention to broaden its market in the region for flexible AC transmission systems. The company has previously completed orders involving gas insulated switchgears and transformers for switching stations and substations.
Transmission and distribution equipment use is, according to Mitsubishi, set to increase as more renewable energy sources are connected to the grid.