In the context of electricity market, the heavy load of some inter‐provincial and intra‐provincial lines limits available transfer capability (ATC). As a series compensation device, static synchronous series compensator (SSSC) can reallocate the power flow of adjacent lines. In order to maximize the inter‐regional ATC, a two‐stage optimal SSSC allocation method considering the uncertainty and correlation of multi‐wind farm is proposed. Firstly, the initial wind power scenarios are generated based on latin hypercube sampling (LHS) and reduced by the improved iterative self‐organizing data analysis techniques algorithm (I‐ISODATA). Then, a multi‐objective optimization model is constructed with the maximum expected power flow transfer entropy (PFTE) and minimum expected SSSC investment cost in all typical wind power scenarios, and non‐dominated sorting genetic algorithm‐II (NSGA‐II) method is used to determine the location of SSSC. In addition, based on the reduced wind power scenarios, the ATC calculation model containing SSSC is constructed, and the modern interior point method is used to determine the control parameters and configuration capacity of SSSC. Finally, based on the improved IEEE39 and IEEE118 node systems, case study proves that the proposed model can determine the optimal SSSC configuration scheme and significantly improves the ATC.