MANITOWOC, Wis., Feb. 28, 2024 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ: OESX) (Orion Lighting), a provider of energy-efficient LED lighting, electric vehicle (EV) charging stations, and maintenance services, announces that its EV charging business, Voltrek, has successfully secured a substantial project from a long-time municipal customer. The project involves the installation of 43 electric vehicle chargers strategically placed throughout various municipal locations to address the customer’s growing EV fleet.
The comprehensive project, valued at more than $1 million, will incorporate a mix of Level 2 Chargepoint Fleet CPF50 and Level 3 Chargepoint CPE250 EV chargers. Funding for this initiative will be facilitated through the Eversource Make Ready Program, a financial assistance program providing rebates to organizations adopting electric vehicles.
Kathleen Connors, President of Voltrek, expressed enthusiasm about the collaboration, stating, “We are excited to provide our long-time customer with a world-class turnkey EV charging installation experience as they make their transition to an EV fleet. They came to us needing assistance with site planning and design, load management requirements, equipment selection, and installation – all of which we are experienced in delivering.”
The EV chargers will be strategically located within garages, garage bays, and parking lots, ensuring accessibility for a variety of EV types. The entire project is anticipated to be completed within Orion’s 4th quarter of fiscal 2024.
To learn more about Orion Energy Systems and Voltrek’s EV charging solutions, visit the orionlighting.com website for more information.
About Orion Energy Systems
Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, maintenance services, and electrical vehicle (EV) charging solutions. Orion specializes in turnkey design-through-installation solutions for large national customers, with a commitment to helping customers achieve their business and environmental goals with healthy, safe, and sustainable solutions that reduce their carbon footprint and enhance business performance.
Orion is committed to operating responsibly throughout all areas of our organization. Learn more about our sustainability goals and progress here, or visit our website at www.orionlighting.com.
Safe Harbor Statement
Certain matters discussed in this press release, are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements may generally be identified as such because the context of such statements will include words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “plan,” “potential,” “predict,” “project,” “should,” “will,” “would” or words of similar import. Similarly, statements that describe our future plans, objectives or goals, including business relationships with government customers, are also forward-looking statements. Such forward-looking statements are subject to certain risks and uncertainties that could cause results to differ materially from those expected including, but not limited to, the risks described in our filings with the Securities and Exchange Commission.
Shareholders, potential investors and other readers are urged to consider risks and uncertainties carefully in evaluating the forward-looking statements and are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements made herein are made only as of the date of this press release and we undertake no obligation to publicly update any forward-looking statements, whether as a result of new information, future events or otherwise. More detailed information about factors that may affect our performance may be found in our filings with the Securities and Exchange Commission, which are available at http://www.sec.gov or at http://investor.oriones.com/ in the Investor Relations section of our Website. Except as required by applicable law, we assume no obligation to update any forward-looking statements publicly or to update the reasons why actual results could differ materially from those anticipated in any forward-looking statements, even if new information becomes available in the future.
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Twitter: @OrionLighting and @OrionLightingIR
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| Marketing Contact | |
| Steve Paulus, Director, Marketing and Communications | |
| Orion Energy Systems, Inc. | |
| [email protected] | |
| (920) 239-8007 | |
| Investor Relations Contacts | |
| Per Brodin, CFO | William Jones; David Collins |
| Orion Energy Systems, Inc. | Catalyst IR |
| [email protected] | (212) 924-9800 or [email protected] |
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