Quinbrook advances UK’s largest synchronous condenser portfolio with £156M financing and final Scottish project launch

Closes landmark £156 million debt financing for its Severn portfolio Achieves commercial operations for fourth and final synchronous condenser in its Scottish portfolio ...
Rigzone

Conrad Energy Gets Funding for Synchronous Condenser Projects for UK Grid

Conrad Energy secured GBP 200 million ($233.5 million) in financing for two synchronous condensers to be installed in the East of England. Conrad Energy Ltd. has secured GBP 200 million ($233.5 ...
T&D

Siemens Energy Wins Grid Stabilization Project in Baltic States

Estonian transmission system operator Elering AS awarded Siemens Energy with a contract to build three synchronous condenser plants in Estonia. It is the first Flexible Alternating Current ...
T&D

Helping the UK Power Grid Spin Back its System Inertia

National Grid Electricity System Operator (NGESO), the operator of the Great Britain electricity system is focused diligently on a target — to be able to operate a zero-carbon electricity grid by 2025 ...