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RXPE MAXIVAR™ Utility grade STATCOM is probably the most advanced and reliable large scale STATCOM currently available for Dynamic Reactive Compensation.

Manchester UK, December 23, 2014: RXPE announced today that it has been awarded a design-build contract from DONG Energy the Danish utility to provide engineering, procurement and construction of the Dynamic Reactive Compensation Plant (±50MVAr MAXIVAR™ Utility grade STATCOM) for the Burbo Bank offshore wind farm extension which comprises the construction of 32 turbines eight kilometers off the coast in Liverpool Bay, which are expected to be commissioned in 2017.

The projects extension to the existing 90MW wind farm is expected to produce enough electricity to power around 180,000 UK households. The extension project was one of three developed by DONG Energy to be awarded an early Contract for Difference (CfD), offering a guaranteed price for the electricity they produce over the first 15 years of operation.

The RXPE MAXIVAR™ Utility grade STATCOM is probably the most advanced and reliable large scale STATCOM currently available for Dynamic Reactive Compensation. The project will be the first for RXPE in the United Kingdom and is essential for maintaining grid code compliance, injecting and absorbing reactive power into the local distribution system and ensuring that the Burbo Bank Windfarm remains connected to produce a reliable source of clean energy, reduce air emissions and help tackle climate change.

RXPE are committed to excellence and quality delivered in a safe and sustainable manner. This is achieved through the dedication and flexibility of our staff. RXPE is the largest producer by volume of SVC’s and STATCOM’s and specialises in the power electronics and high power dynamic reactive compensation sector. The MAXIVAR™ STATCOM is currently the world’s largest capacity Statcom with an installed rating of ±320MVAr and purpose designed for transmission utility applications. The company is at the forefront of technological development in the field of utility based power electronics. RXPE’s in-house development team work closely with clients and academia to improve and develop innovative solutions.

“RXPE is thrilled to be able to contribute to this innovative project that helps the United Kingdom work towards its sustainability goals through the conversion of Wind to Clean Energy,” said RXPE’s Technical Director Dr. Graeme Bathurst. “At RXPE, our vision of a more-sustainable future drives much of our work, and this project is a great example of how environmentally forward-thinking designs can be incorporated into traditional infrastructure.”

Construction of the Dynamic Reactive Compensation Plant will begin in 2015 year and is expected to be completed by 2016.

About RXPE

Ranked as one of the leading manufacturers of power electronics for Flexible AC Transmission Systems FACTS by volume and manufacturer of HVDC Transmission Systems, RXPE is a premier, fully integrated infrastructure and support services firm, with a broad range of markets, including notable energy, power and utility companies. Our experience extends to collaborating with governments, utilities, municipalities and the industrial sector. With approximately 1,700 employees — including, engineers, designers, scientists and management and construction professionals — serving clients around the world, RXPE is a leader in all of the key markets that it serves. RXPE provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural and social environments. More information on RXPE and its services can be found at www.rxpe.com and www.rxpe.co.uk

Information regarding forward-looking statements: This announcement includes statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements can be identified by the use of forward-looking terminology, including the terms “believes”, “estimates”, “plans”, “projects”, “anticipates”, “expects”, “intends”, “may”, “will”, or “should” or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. These forward-looking statements include all matters that are not historical facts. They appear in a number of places throughout this announcement and include, but are not limited to, statements regarding RXPE’s intentions, beliefs or current expectations concerning, among other things, RXPE’s business, results of operations, financial position, prospects, growth, strategies and the industry in which it operates. By their nature, forward-looking statements involve risk and uncertainty because they relate to future events and circumstances. Forward-looking statements are not guarantees of future performance and the actual results of RXPE’s operations and financial position, and the development of the markets and the industry in which RXPE operates, may differ materially from those described in, or suggested by, the forward-looking statements contained in this announcement. In addition, even if the results of operations, financial position and the development of the markets and the industry in which RXPE operates are consistent with the forward-looking statements contained in this announcement, those results or developments may not be indicative of results or developments in subsequent periods. A number of factors could cause results and developments to differ materially from those expressed or implied by the forward-looking statements including, without limitation, general economic and business conditions, industry trends, competition, changes in regulation, currency fluctuations, changes in its business strategy, political and economic uncertainty and other factors discussed in this announcement.

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Source: Rongxin Power Electronic Co, Ltd
Media Contact: Steven Essel
Director, Operations, Business Development
+971 55 2219208
Steven.essel@rxpe.co.uk