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Capacitor Bank is a combination of numerous capacitors of similar rating that are joined in parallel or series with one another to collect electrical energy. The resulting bank is then used to counteract or correct a power factor lag or phase shift in an AC power supply.

They can also be utilized in a DC power supply to step up the total amount of stored energy or to step up the ripple current capacity of the power supply.

Capacitor banks are generally used to

Power Factor Correction
Reactive Power Compensation
 
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