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Solid State Transformer Market Worth US$ 1,141.0 Mn by 2027- TMR Solid-state transformers (SSTs) are modern network devices that connect multiple power electronics converter stages with a medium or high-frequency transformer. Increase in the global energy demand and limitations from fossil fuels have prompted a growing share of renewable energy resources in the utility grid. Consequently, the increasing penetration of direct current (DC) power sources and loads, and the obligation of active power flow control have been witnessed in the power distribution networks.
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