Synchronous Condenser Market was valued at USD 497 Million
Synchronous condenser is also called Synchronous Compensator. It is a synchronous motor that runs without mechanical load. It absorbs reactive volt-ampere (VAr) by changing the excitation of its field winding. Synchronous condenser acts as an alternative to capacitor banks in power grids for power factor correction, and it can produce up to 150 percent additional vars.
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