) recently received a $20-million order from Terna, a leading
Italian transmission system operator, to deliver a synchronous
compensation solution that will be installed at the Codrongianos
power station in northern Sardinia. The order will jointly be
executed by ABB and Ansaldo Energia. The scope of the agreement
includes design, supply, commissioning and maintenance
A synchronous compensator adjusts power conditions in the
transmission grid easily by generating or absorbing reactive
power. Thereby, it regulates voltage and improves the power
factor. A synchronous compensator improves the reliability,
efficiency and safety of the electrical system.
In order to have a smooth and efficient power function, ABB
will primarily be supplying transformers, a combination of low
and medium voltage switchgear, disconnectors, start-up and
excitation systems, cables and other auxiliary equipment.
The Codrongianos power station will include two systems, each
having 250 megavolt ampere (MVA) synchronous compensator,
excitation system, startup and cooling systems, a 330 MVA step-up
transformer for connection to the 380 kilovolt (kV) grid,
medium-voltage switchgear and the auxiliary, protection,
management, control and monitoring systems.
Terna was the first independent Transmission System operator
in Europe, and currently has the sixth largest network in the
world with more than 63,500 kilometers of power lines.
In Mar 2013, ABBhadreceived an order approximately worth $10
million from Landsnet, the Icelandic transmission system
operator. The scope of the contract involves supplying a
high-voltage submarine and underground power-cable system,
primarily to transport electricity from the mainland to the
volcanic island of Heimaey.
ABB is a leading provider of integrated power and automation
solutions for conventional and renewable power generation plants
and water applications. The company has an extensive offering
that includes turnkey electrical, automation, instrumentation and
control systems, supported by a comprehensive service portfolio
to optimize performance, reliability and efficiency while
minimizing environmental impact.
ABB currently has a Zacks Rank #3 (Hold). Other stocks worth
considering at the moment are
Willdan Group Inc.
), Orion marine Group Inc. (
Honeywell International Inc.
). All three have a Zacks Rank #2 (Buy).
ABB LTD-ADR (ABB): Free Stock Analysis Report
HONEYWELL INTL (HON): Free Stock Analysis
ORION MARINE GP (ORN): Free Stock Analysis
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