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PowerSecure International, Inc. (POWR) has been awarded $12 million of new orders, including orders for its smart grid power systems, and new utility infrastructure projects.
The new smart grid Interactive Distributed Generation(R) (IDG(R)) power systems will be deployed in partnership with utilities to deliver more efficient power during peak electricity demand, and provide standby power for hospital and telecommunications facilities. These systems will be electronically connected to and controlled by PowerSecure's monitoring center 24x7, ensuring that the delivery of more efficient power is optimized, and that standby power is always ready to support customers' operations.
The new utility infrastructure awards include transmission, distribution, and substation projects to upgrade and improve the efficiency of the electric grid. These projects will be completed on behalf of utilities, and include infrastructure to support large industrial business sites, institutions, federal facilities, and municipalities.
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