Small order for Merus Power in power quality solutions
Summary
- Merus Power announced a 1 MEUR order to deliver a STATCOM compensator to an Argentinian steel industry rolling mill, marking its first delivery to Argentina.
- This order is part of Merus Power's increased sales efforts in South America, but it is a small addition to the order book and does not require revisions to current estimates.
- Demand for power quality solutions has been lower recently, potentially impacting the company's business margin profile, while energy storage orders have reached record levels, supporting production utilization.
- The revenue from this delivery is expected to be concentrated in 2027.
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Translation: Original published in Finnish on 7/27/2026 at 8:41 am EEST.
Merus power announced on Friday that it will deliver a STATCOM compensator to an Argentinian rolling mill in the steel industry. This is the company's first delivery to Argentina and can be seen as a continuation of its increased sales efforts in South America in recent years. The 1 MEUR order is a small addition to the order book. Demand for power quality solutions has recently been lower than usual, while energy storage orders have accumulated to a record amount.
The order does not necessitate revisions to our estimates due to its relatively small size. We estimate that the majority of the revenue generated by the delivery will be concentrated in 2027. Order intake for power quality solutions has been subdued over the past year, which may have a slight negative impact on the company's business margin profile. Conversely, a large number of energy storage orders have been generated across the board, supporting the utilization rates of the company's production facility in Ylöjärvi.