LS Materials and LS Electric agree to develop and test E-STATCOM grid stabilization system
LS Materials announced that it signed a memorandum of understanding with LS Electric to jointly develop and demonstrate an E-STATCOM power-grid stabilization system. The system combines voltage stabilization with ultracapacitor rapid charging and discharging. The companies plan to integrate LS Electric’s power-conversion and grid-control technology with LS Materials’ large-capacity ultracapacitor systems, then verify performance and reliability through demonstrations.