ABB Receives $30 Million Power Order in Canada
ABB (www.abb.com) has won an order worth $30 million from Hydro One Network Inc., one of Canada's leading power utilities, to provide a turnkey static Var compensator (SVC) solution for a substation serving the Toronto area.
ABB will design, supply, install and commission the system, which is scheduled for completion by 2011. SVC is part of ABB's group of FACTS technologies, which include solutions to enhance the capacity, reliability and efficiency of existing power transmission systems and contributing to the evolution of smarter grids. ABB is currently executing two similar projects for Hydro One.
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