The importance of resolving stability concerns in weak AC grid‐connected doubly fed induction generator (DFIG) wind energy systems during low‐voltage ride‐through (LVRT) events cannot be ignored, given the increasing popularity of wind power‐based microgrids. Furthermore, the emergence of generation loss and postfault oscillation within a microgrid (MG) due to grid faults has also become a significant concern. The static synchronous compensator (STATCOM) under consideration in this study is tuned using particle swarm optimization (PSO), the artificial hummingbird algorithm (AHA), and a hybrid approach incorporating both PSO and AHA. Faults of both a symmetrical and an asymmetrical nature have occurred on the power grid side. The proposed hybrid PSO‐AHA‐tuned STATCOM strategy aims to improve LVRT, minimize power generation loss during faults, and reduce oscillations after a fault by controlling the flow of reactive power between point of common coupling (PCC) and MG. The MATLAB simulation environment was used to simulate the 16 MW MG test system. The performance of the PSO‐AHA‐tuned STATCOM was assessed by comparing results with those from conventional STATCOM, PSO, and AHA optimizer‐tuned STATCOM in four fault situations. A comparison of the results shows that the proposed strategy performed better than other approaches mentioned in this paper and achieved the desired objectives.