US-based utility and energy services provider, PowerSecure International has won approximately US$140 million of new distributed generation (DG) business.
The company said that around US$120 million related to new utility-scale PV projects, including two large-scale solar installations to an unidentified customer that was said to be “one of the largest investor-owned utilities in the US.”
Other DG projects accounting for around US$20 million are with a variety of hospital, data centre, industrial and retail customers for back-up generators, as well as several additional PV projects, according to the company.
PowerSecure said it expected half of the revenue to be recognised from the two major solar projects in 2015, and the remainder in 2016.
Sidney Hinton, chief executive officer of PowerSecure said: “We are pursuing a rich pipeline of smaller and larger opportunities across our business and we are very excited to have converted two of the very large opportunities we have been developing from our pipeline into our project backlog, and to see continued momentum from hospitals and data centres for our traditional DG systems.”