Australia, Nov. 6 -- GE Vernova Inc. has signed a contract with Transgrid for the supply of synchronous condensers, highly-sought-after equipment that will assist in stabilising the New South Wales (NSW) grid as it transitions from coal to renewables.Synchronous condensers and associated systems to be supplied across five strategic sites on the NSW transmission network.These machines play a critical role in stabilizing modern electricity networks by providing inertia, voltage control, and fault current - functions traditionally supplied by large coal-fired generators. By replicating this stabilizing effect, these machines enable higher penetration of renewable energy sources such as wind and solar, improving overall system performance and r...