LED Lights

LED Lights
LED Lights

Monday, February 21, 2011

PowerSecure Acquired $10 Million Award to Develop Smart Grid Power System and LED Lighting

PowerSecure International, Inc. has received $10 million award to develop its Interactive Distributed Generation® (IDG®) smart grid power systems, and LED lighting products.

Among these awards, the new IDG System has acquired total $7 million, and include installations for a broad base of customers, including hospitals, municipal water systems, educational facilities, and retailers.

The left $3 million for new led lighting, and consist primarily of an order from a major U.S. retailer to begin retrofitting refrigerated cases with EfficientLights® energy saving fixtures. It is the Company's first order from this retailer.
Of the $10 million of new business, $8 million relates to turnkey product sales of IDG Systems and LED Lighting products. The Company expects this $8 million of turnkey revenue will be recognized primarily during the first three quarters of 2011.

And the remaining $2 million relates to recurring revenue contracts for IDG systems.




Source: cnled
Reposted by: Sielement LED Lights, leading led lights manufacturer, led lights supplier, led lights provider, led lights vendor, suppling led lighting products such as led tubes, led bulbs, led spotlights, led par lamps, led panel lights, led strips (led tapes, led ribbons), led light bars, led wall washer lights, led grow lights (plant growth led lights) etc.

No comments:

Post a Comment