Contact Energy

Hexagon Recognized as Leading Supplier of Alarm Management Software and Services by ARC Advisory Group

Retrieved on: 
Tuesday, February 21, 2023
IPL, Safety, Public sector, Handbook, International Society of Automation, Software, Contact Energy, ARC, International Society, ISA, PAS, Risk management, HEXA, Alarm management, Renewable energy, Hexagon, Research

Designed to deliver current market analysis plus a five-year market and technology forecast, the Alarm Management market research study identified Hexagon as the leading supplier of alarm management software and services worldwide.

Key Points: 
  • Designed to deliver current market analysis plus a five-year market and technology forecast, the Alarm Management market research study identified Hexagon as the leading supplier of alarm management software and services worldwide.
  • "For well over a decade, we've been recognized experts in alarm management and overall operations risk management.
  • The market's recognition of Hexagon's expertise has made it the largest alarm management software supplier globally, commanding a larger market share than the next three competitors combined.
  • Not only is Hexagon the largest, but also the fastest-growing company in the alarm management software market.

Ormat Secures $100 Million Supply and EPC Contracts in New Zealand and Indonesia

Retrieved on: 
Tuesday, August 16, 2022
Ormat Technologies, Electric Bond and Share Company v. Securities and Exchange Commission, SOL, NYSE, GLOBE, CEO, Technology, Private Securities Litigation Reform Act, Growth, SEC, Contact Energy, Security (finance), Plant, EPC, ORA, Public expenditure, Company, Contract, REG, Form 10-K, Risk, Electricity, Power, Engineering, Goal, COVID-19, Annual report, Efficiency, Terminology, Renewable energy

The combined expected revenue of the two contracts is approximately $100 million USD.

Key Points: 
  • The combined expected revenue of the two contracts is approximately $100 million USD.
  • Under the agreement with Contact Energy, Ormat will provide its air-cooled Ormat Energy Converters for the Tehuka 3 geothermal project.
  • This is the third EPC contract Ormat has signed with Contact Energy and the 16th geothermal power plant Ormat has built in New Zealand.
  • Under the signed 6MW contract with SOL, Ormat will supply its air-cooled Ormat Energy Converters as part of the remediation work being performed to improve the power plants performance.