QualityStocks would like to highlight PowerSecure International, Inc. (NASDAQ: POWR), a leading provider of Utility and Energy Technologies to electric utilities, and their industrial, institutional, and commercial customers. PowerSecure provides products and services in the areas of Energy Efficiency, Interactive Distributed Generation, and Utility Infrastructure.
In the company’s news yesterday,
PowerSecure International announced its Interactive Distributed Generation (IDG) standby power systems are supporting utilities and their commercial and industrial customers during the power outage events caused by Tropical Storm Beryl.
Since the start of Memorial Day weekend, PowerSecure’s IDG monitoring team has been in “storm mode,” constantly monitoring East Coast facilities of the company’s customers and protecting their operations from power interruptions and spoilage. Numerous critical East Coast operations are supported by PowerSecure’s IDG systems, including hospitals, schools, industrial sites, military installations, and commercial locations. The company’s IDG systems have operated to support facilities and provide onsite power for as long as 21 hours during the storm.
PowerSecure has additionally reported that its utility services team has sent crews to assist utilities with power restoration efforts along the eastern coast of Florida. The company’s team is supporting efforts to restore power as quickly as possible and is continuing to provide emergency services.
PowerSecure’s IDG systems and utility services teams were in full storm mode before Tropical Storm Beryl hit and will continue closely monitoring any developing storms throughout the remainder of the hurricane season, working to protect customers’ facilities and aid in power restoration efforts in the event of power losses.
PowerSecure International is a leader in providing utility and energy technologies to electric utilities and their industrial, institutional, and commercial customers. The company offers products and services in the areas of energy efficiency, interactive distributed generation (IDG), and utility infrastructure. PowerSecure is an innovator in developing IDG power systems with sophisticated smart grid capabilities.
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Forward-Looking Statement:
This release may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. Risks and uncertainties applicable to the company and its business could cause the company's actual results to differ materially from those indicated in any forward-looking statements.
