Statcom Solutions

Name

Statcom Solutions

Legal name

Statcom Solutions Pty Ltd

Website

https://statcomsolutions.com.au

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Power Electronics Equipment

NAICS

Relay and Industrial Control Manufacturing (335314), Power, Distribution, and Specialty Transformer Manufacturing (335311)

SIC

Switchgear & Switchboard Apparatus (3613), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

STATCOM, SVC & Dynamic Reactive Power Compensation (EUAFAIAG)

akta.pro secondary industries

Power Electronics for Renewable & Grid-Tied Applications (Solar inverters, wind converters, grid-tie interfaces) (IMAGADAJ), Solar Inverters, Power Optimizers & MLPE Manufacturing (EUAMAHAB), FACTS—STATCOM (Static Synchronous Compensators) (EUADAMAG), Smart Inverter Functions, Grid Support & Standards Compliance (IEEE 1547/UL 1741) (EUADALAE)

Keywords

• Power quality optimization
• Grid interactive inverters
• Low voltage networks
• Battery management systems
• Network monitoring devices

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Power Electronics Hardware Sales: Sale of STARSINE four quadrant inverters (D-series, B-series, M-series, R-series, H-series), DC/DC Controllers, and Confetti grid monitoring devices to utility and industrial customers. Products are sold as complete systems with configurations for different power capacities and applications.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Statcom Solutions designs and manufactures the STARSINE range of four quadrant grid interactive inverters (D, B, M, R, and H series) for power quality optimisation, voltage regulation, reactive power control, and phase balancing on utility Low Voltage distribution networks, as well as the CONFETTI LV network monitoring device. The inverters support battery storage, renewable integration, and commercial/industrial energy management applications, and are configured as custom engineered systems sold to utility companies and commercial/industrial customers.

Product overview

Statcom Solutions offers the STARSINE range of four quadrant grid interactive inverters, which are power electronics products designed for network power quality optimisation on utility low voltage networks. The product portfolio includes five STATCOM inverter series (d-SERIES for distribution, b-SERIES for battery storage, m-SERIES for multi-mode operation, r-SERIES for renewable integration, and h-SERIES for hybrid applications) plus the CONFETTI network monitoring device. All STARSINE inverters share a flexible architecture supporting reactive power control, voltage regulation, phase balancing, power factor correction, and can operate in single phase or three phase configurations with parallel operation via CAN bus interface. The CONFETTI complements the inverters by providing LV network monitoring with 3G telemetry for smart grid diagnostics.

Differentiator

Problem solved

Functional benefit

Products and services

• STARSINE d-SERIES (Distribution STATCOM) Four quadrant grid interactive inverter designed for distribution network power quality optimisation, providing capacitive and inductive reactive power control, voltage regulation, phase balancing, and power factor correction on utility Low Voltage networks.
• STARSINE b-SERIES (Battery STATCOM) Four quadrant inverter with real and reactive power control, demand management capabilities, and an integrated Battery Management System (BMS) for battery storage solutions.
• STARSINE m-SERIES (Multi-mode STATCOM) Four quadrant inverter providing backup power support, power conditioning, and both on-grid and off-grid operation modes.
• STARSINE r-SERIES (Renewable STATCOM) Four quadrant inverter with MPPT solar input and adjustable network feed-in control for renewable energy integration on utility Low Voltage networks.
• STARSINE h-SERIES (Hybrid STATCOM) Four quadrant inverter combining solar and battery integration with grid connect and standalone operation capabilities for versatile energy management.
• CONFETTI (Network Monitoring) LV network monitoring device with 3G connectivity and integrated GPS that logs network and environmental conditions with a 3-hour internal battery backup for real-time diagnostics and smart grid technology support.

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature6 records

Partnerships

One partnership is on record.

• Surtek Pty LtdcoreTechnology or Integration · 1 January 2013Statcom Solutions purchased the STARSINE technology from Surtek Pty Ltd in 2013. This acquisition provided the foundational four quadrant STATCOM technology that Statcom Solutions has continued to develop with industry support from Australian utility companies over more than 6 years.

Scale indicators2 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• Siemens: Siemens offers SVC PLUS and other STATCOM/FACTS solutions for grid stabilization and reactive power compensation. Comparable as a broad industrial incumbent in the power quality and grid-flexibility space where Statcom competes at a smaller, distribution-level scale.
• GE Vernova: GE Vernova's Grid Solutions business supplies STATCOMs, SVCs and power quality equipment to utilities worldwide. Directly relevant as a broad incumbent in the same FACTS/STATCOM category, though at much higher power and voltage ratings than Statcom's LV focus.
• Schneider Electric: Schneider Electric offers power quality solutions including reactive power compensation and grid-tied power electronics for C&I and utility customers. Comparable as an incumbent addressing overlapping C&I power factor and energy management use cases served by Statcom.
• Sungrow: Sungrow is a leading global supplier of solar inverters and energy storage systems with grid-support functions including reactive power and STATCOM capabilities. Comparable as a much larger incumbent in solar/storage power electronics where Statcom's r- and h-series compete.
• Hitachi Energy: Hitachi Energy (formerly ABB Grid Integration) is a global leader in STATCOM and FACTS solutions for utility transmission and distribution. Directly comparable as a much larger incumbent offering STATCOMs across the full MVAR range, but Statcom focuses narrowly on the LV distribution niche.
• Eaton: Eaton provides power quality and energy management products including capacitors, active harmonic filters and power electronics. Comparable for C&I power factor correction and voltage regulation applications that overlap with Statcom's b- and m-series use cases.

Emerging players

• Power Factors: Power Factors provides software-driven renewable asset management and is adjacent in the renewable integration value chain. Relevant as a thematic peer where utility customers increasingly bundle hardware (like Statcom's products) with software monitoring and analytics.
• Ingeteam: Ingeteam manufactures power electronics for solar, storage and grid applications, including reactive power and STATCOM functionality. Comparable for renewable and battery storage inverter/power electronics overlap with Statcom's r- and h-series products.

Direct peers

• American Superconductor (AMSC): AMSC offers D-VAR and STATCOM systems for renewable integration and grid power quality, a direct functional analogue to Statcom's STARSINE products. Closest mid-cap comparability on product functionality, though AMSC operates at significantly larger scale and primarily in North America.
• S&C Electric Company: S&C Electric specialises in power quality and grid reliability solutions for utilities, including switching and power electronics products. Comparable as a focused provider serving similar utility power quality needs, though at larger scale and broader voltage range than Statcom.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/statcom-solutions

Revenue estimate

Valuation estimate

Number of profiles

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 Statcom Solutions