What Diram does

DIRAM S.A. de C.V. is a privately held Mexican power-electronics company founded in 1993 in San Pedro Garza García, Nuevo León, specializing in FACTS (Flexible AC Transmission Systems) technology for reactive power compensation, power quality, and grid stability. Its core hardware portfolio centers on STATCOM systems (including eSTATCOM and hSTATCOM variants with supercapacitor and storage integration), SVCs, UPFCs, MVDC/HVDC links, FSC, HPC, plus complementary capacitor banks, harmonic filters (APF, TSHF), DVRs, voltage regulators, and UPS systems. Engineering depth is anchored in the wholly-owned CIITAP R&D subsidiary, which performs custom PCB design and low-volume manufacturing, and is reinforced by partnerships with TEC de Monterrey, UANL, UDEM, and CIMEL.

The firm sells custom-designed, project-engineered solutions rather than catalog products, combining equipment supply with full turnkey EPC delivery, electrical studies (DIgSILENT, ETAP, PSSE, EMTP), regulatory compliance consulting (notably Mexican Código de Red / CENACE requirements), and post-sale maintenance. Its go-to-market is direct enterprise field sales targeting heavy industry (steel, mining, cement, automotive), renewable generation, and electric distribution/transmission utilities in Mexico, the United States, and Latin America. Notable installed-base metrics include 1,500+ MVAr across 50+ STATCOM projects (claimed 90% share of Mexican STATCOM installations), 17 completed US utility projects for operators including ONCOR, SDGE, National Grid, PG&E, and Eversource, and a roster of 600+ clients covering 80 of Mexico's top 100 energy consumers. Revenue is generated via project-based EPC contracts, hardware sales, recurring maintenance, and contract-manufacturing services through CIITAP, with all pricing quote-based and dependent on capacity, voltage, and site complexity.

Name

Diram

Legal name

DIRAM S.A. DE C.V.

Website

https://diram.com

Company type

Private

Founded year

1993

Operating status

Operating

Headcount range

51–100 employees

Short description

DIRAM is a Mexican power-electronics EPC firm (founded 1993) that designs, manufactures, and commissions custom STATCOM, SVC, and FACTS solutions for heavy industry, mining, renewable generation, and electric utilities across the Americas.

Ownership category

akta.pro rank

Product category

Power Electronics Equipment (FACTS / Reactive Power Compensation)

NAICS

Electrical Equipment Manufacturing (33531), Switchgear and Switchboard Apparatus Manufacturing (335313), Electric Power Transmission, Control, and Distribution (22112)

SIC

Switchgear & Switchboard Apparatus (3613), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electronic Coils, Transformers & Other Inductors (3677)

akta.pro primary industry

FACTS / Reactive Power & Power Quality Systems EPC (SVC/STATCOM, Capacitor Banks) (EUAEABAE)

akta.pro secondary industries

HVDC/FACTS & Power Electronics Retrofit/Upgrades (STATCOM, SVC, Series Comp) (EUAEALAG), Reactive Power & Power Quality Systems EPC (STATCOM/SVC, Harmonic Filters, Capacitor Banks) (EUAEADAF), Switching Stations & Reactive Power Facilities (Capacitor Banks, SVC/STATCOM) (IMAFAHAH)

Keywords

• Power electronics equipment
• Reactive power compensation
• FACTS solutions
• STATCOM manufacturing
• Power quality systems

Headquarters

HQ city

San Pedro

HQ country

Mexico

HQ region

Latin America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Technology or R&D, Supply Chain, Personnel, Operations, Marketing or Sales

Revenue model

1. EPC Project Management and Turnkey Solutions: Full turnkey project delivery from basic engineering through commissioning, including civil works, electromechanical installation, on-site testing, and commissioning. Single-point contact coordination ensuring on-time, on-budget, and high-performance delivery. Revenue recognized over project lifecycle.
2. Specialized Consulting Services: Technical consulting to industries, utilities, and generators covering regulatory compliance, energy cost optimization, production productivity improvement, and system integration. Includes Grid Code compliance consulting and regulatory advisory.
3. FACTS Equipment (STATCOM, SVC, UPFC, MVDC, HPC): Sale of custom-designed power electronics equipment including STATCOM systems (±2 Mvar to ±500 Mvar), SVC, UPFC, MVDC, and HPC solutions. Equipment sold as standalone or as part of EPC contracts. Custom manufacturing ensures solutions tailored to specific project requirements.
4. Power Quality Products (Capacitor Banks, APF, TSHF, DVR, UPS): Sale of capacitor banks, harmonic filters, voltage regulators, Active Power Filters, DVR, and UPS systems for power quality applications across industrial and commercial installations.
5. Customer Service and Maintenance: Post-sale services including remote monitoring, specialized technical support, preventive and corrective maintenance, spare parts supply, and extended warranty policies. Ongoing revenue stream from installed base.
6. CIITAP Electronics Development and Manufacturing: Boutique engineering and contract manufacturing services including custom PCB design, prototyping, and low-volume production through the CIITAP R&D center. Revenue generated per project or engineering hours contracted.
7. Electrical Studies: Conducting specialized electrical studies including short-circuit, power flow, harmonics, grid integration, power quality, and transient studies using DIgSILENT, EASY POWER, ETAP, PSSE, and EMTP tools.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels6 records

Core offering

Diram designs, manufactures, and commissions custom power electronics equipment for reactive power compensation and power quality improvement, including STATCOM systems, SVCs, UPFCs, MVDC links, capacitor banks, harmonic filters, and UPS systems. The company delivers these products as turnkey EPC solutions combined with electrical studies, regulatory consulting, and post-sale maintenance services to industrial plants, electric utilities, renewable generators, and EPC contractors.

Product overview

DIRAM offers a comprehensive portfolio of power electronics solutions centered on FACTS technology for electrical grid stability. The core product line includes STATCOM systems (including eSTATCOM with supercapacitors and hSTATCOM hybrid variants), SVC, UPFC, MVDC, FSC, and HPC for high-voltage transmission and industrial applications. Complementary products include capacitor banks, harmonic filters (APF, TSHF), voltage regulation equipment (VR, DVR), and UPS systems. CIITAP serves as the company's R&D center providing custom PCB development, prototyping, and boutique manufacturing services. Engineering services encompass EPC project management, specialized consulting, electrical studies using industry-standard software (DIgSILENT, ETAP, PSSE, EMTP), regulatory compliance support, and post-sale technical services. The portfolio is unified by DIRAM's power electronics expertise, addressing reactive power compensation, power quality, and Grid Code compliance across generation, transmission, distribution, and industrial sectors.

Differentiator

Problem solved

Functional benefit

Brands

• CIITAP: Centro de Investigación e Innovación Tecnológica Aplicada a Potencia - Boutique engineering firm specialized in development and assembly of industrial electronic solutions, part of DIRAM's technology ecosystem.

Products and services

• STATCOM (Static Synchronous Compensator) Reactive power compensation system based on IGBT or IGCT power converters that injects or absorbs reactive power in real time for voltage stability and power quality improvement. Capacity range ±2 Mvar to ±500 Mvar with response time under 3 ms. Custom-designed for industrial and utility applications.
• SVC (Static Var Compensator) FACTS solution for dynamic reactive power compensation and voltage stabilization using Thyristor Controlled Reactors (TCR) and fixed/shunt capacitor banks. Responds in milliseconds to mitigate flicker, low power factor, imbalances, and voltage variations in systems with high load variability.
• eSTATCOM (STATCOM with Supercapacitors) Enhanced STATCOM incorporating supercapacitors that add energy storage capability. Provides GRID-MAKER (grid-forming), frequency control, and SAG mitigation capabilities for advanced grid support.
• hSTATCOM (Hybrid STATCOM) Hybrid version combining STATCOM technology with supercapacitor energy storage for advanced grid support applications requiring both reactive power compensation and stored energy.
• UPFC (Unified Power Flow Controller) Advanced FACTS solution enabling simultaneous and dynamic control of active and reactive power on high-voltage transmission lines, optimizing power flow and maximizing infrastructure utilization. Based on MMC-type VSC converters.
• MVDC (High Voltage Direct Current) VSC-MMC based HVDC system for intelligent grid interconnection, enabling efficient, stable, and fully controlled bidirectional transmission of large energy blocks.
• HPC (High Power Converter) Advanced power conversion solution applying HVDC principles at industrial scale for very high-demand applications such as electric furnaces and melting processes, providing precise, dynamic, and reliable energy control.
• FSC (Fixed Series Capacitor) FACTS solution for series impedance compensation of transmission lines, increasing transfer capacity and improving stability without building new lines.
• Capacitor Banks Compact, high-efficiency capacitor banks for reactive power compensation to improve power factor and system efficiency, reducing losses and reactive power consumption penalties. Designed for long service life with easy installation and simplified maintenance.
• BC-HF (Capacitor Bank with Harmonic Filter) Capacitor bank combined with harmonic filtering for systems requiring both reactive power compensation and harmonic mitigation in a single device.
• APF (Active Power Filter) Advanced harmonic current mitigation device using real-time current signal detection and counter-phase compensation current generation. Complies with IEEE-519 and automatically adapts to load variations.
• TSHF (Thyristor Switched Harmonic Filter) Advanced harmonic mitigation solution using thyristor switching for virtually instantaneous response, adapting harmonic compensation in real time and avoiding oversizing of conventional passive solutions.
• DVR (Dynamic Voltage Restorer) Advanced power quality solution protecting sensitive industrial processes against sags, surges, and voltage distortions through real-time dynamic voltage injection.
• VR (Voltage Regulator) Solution designed to maintain stable voltage levels within optimal operating ranges through precise automatic voltage control, protecting equipment and ensuring process continuity.
• UPS (Uninterruptible Power Supply) Systems providing immediate backup against power outages, voltage drops, and frequency variations, ensuring continuous operation of critical loads in industrial and commercial installations.
• eSTATCOM-LV (Low Voltage) Low-voltage variant of eSTATCOM for applications requiring grid-forming capability and energy storage at distribution level.
• EPC Project Management and Turnkey Solutions Full turnkey project delivery from basic engineering through commissioning, including civil works, electromechanical installation, on-site testing, and commissioning. Single-point contact coordination ensuring on-time, on-budget delivery for STATCOM, SVC, and FACTS installations.
• Specialized Technical Consulting Technical consulting for industries, utilities, and generators on selection, design, and integration of power quality and reactive power solutions, including Grid Code (Código de Red) compliance and regulatory advisory.
• Electrical Studies Specialized electrical studies including short-circuit, power flow, harmonics, grid integration, power quality, and transient studies using industry-standard DIgSILENT, EASY POWER, ETAP, PSSE, and EMTP software tools.
• Customer Service and Maintenance (Postventa) Post-sale services including remote monitoring, specialized technical support, preventive and corrective maintenance, spare parts supply, and extended warranty policies for installed FACTS and power quality equipment.
• Power Control and Monitoring Systems (Protection, Control & Measurement Panels) Engineering, integration, and commissioning of protection, control, and measurement electrical panels for medium and high voltage substations serving utility and industrial customers.

Quantifiable outcome

• Power factor maintained between 0.97 and 1.00 at least 95% of the time across industrial installations (Ford, Draxton, Minera Frisco Tayahua)
• +5 more outcomes

Named customers42 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature14 records

Partnerships

Six partnerships are on record, tiered core and minor.

• TEC de Monterrey (Instituto Tecnológico y de Estudios Superiores de Monterrey)coreStrategic or Co-development PartnerDIRAM collaborates with TEC de Monterrey's engineering programs, contributing to academic initiatives in power electronics and energy systems. The partnership involves teaching power electronics at the university and supporting related academic programs, including the Master's in Smart Grids and Distributed Generation. Listed as one of the university partners in DIRAM's R&D ecosystem.
• Universidad Autónoma de Nuevo León (UANL)coreStrategic or Co-development PartnerDIRAM partners with UANL for collaborative R&D in power electronics and energy. The university is listed among DIRAM's academic collaborators in the CIITAP R&D ecosystem, contributing to innovation in power electronics and electronic systems development.
• Universidad de Monterrey (UDEM)coreStrategic or Co-development PartnerDIRAM collaborates with UDEM in academic programs related to power electronics and energy systems. UDEM is listed among the university partners supporting DIRAM's CIITAP R&D center and contributes to the company's knowledge development ecosystem.
• CIMEL (Centro de Investigación en Materiales y Electrónica)coreStrategic or Co-development PartnerDIRAM partners with CIMEL as part of its university collaboration network for the CIITAP R&D center, contributing to research and development in power electronics and industrial electronics applications.
• IEEE Young Professionals Region 9minorStrategic or Co-development PartnerDIRAM serves as ambassadors for IEEE Young Professionals Region 9, connecting with up-and-coming engineers across the Americas. This collaboration supports professional development, knowledge sharing, and networking within the electrical engineering community.
• IPC (Association Connecting Electronics Industries)minorOthersDIRAM's Pablo Pérez competed in the IPC Worldwide Hand Soldering Competition 2025, representing Mexico and achieving 7th place globally. IPC is the industry standards body for electronics manufacturing, and DIRAM maintains active engagement with IPC standards and competitions.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Regional players

• WEG: Brazil-based industrial electrical-equipment manufacturer with growing presence in power electronics, drives, and grid solutions across Latin America. Comparable to DIRAM's regional industrial-customer profile in South America.

Emerging players

• American Superconductor (AMSC): Provides grid and wind power-electronics solutions including D-VAR STATCOM systems. A more specialized, smaller-scale competitor in reactive-power compensation for renewables and industrial customers.

Direct peers

• GE Vernova: Provides FACTS and grid-solutions equipment (STATCOM, SVC, series compensation) for transmission utilities and heavy industry. A direct competitor for high-voltage reactive-power projects across the Americas.
• Hitachi Energy: Global market leader in FACTS (STATCOM, SVC), HVDC, and grid integration technology. The most direct large-scale competitor to DIRAM's STATCOM/SVC/HVDC franchise and the benchmark for utility-grade specifications.
• S&C Electric Company: North American specialist in power quality, switching, and reactive-power compensation for utilities and renewables. Comparable to DIRAM on US utility-side STATCOM and P&C panel work.
• TMEIC (Toshiba Mitsubishi-Electric Industrial Systems): Supplies large industrial power-electronics systems including STATCOMs and high-power converters for steel, mining, and metals — overlapping closely with DIRAM's heavy-industry and HPC applications.
• Ingeteam: Spanish-headquartered power-electronics specialist with strong Latin American presence in renewables, STATCOM, and grid services. Closest geographic-and-product comparable to DIRAM in the Iberian-Latin American corridor.
• Siemens Energy: Offers STATCOM, SVC, and HVDC power-electronics systems alongside grid software. Competes with DIRAM in both utility transmission EPC and large industrial power-quality applications in the Americas.

Broad incumbents

• Schneider Electric: Global incumbent in industrial power management, UPS, and grid solutions. Competes at the power-quality and substation-automation layers where DIRAM also delivers P&C panels and capacitor banks.
• Eaton: Broad power-quality and power-management portfolio (UPS, capacitors, power conditioners) serving industrial and utility customers. Overlaps with DIRAM's industrial-side power-quality hardware line, though Eaton does not specialize in transmission STATCOM.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/DiramMx
• Facebookfacebook.com/diram.mx

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Diram