Voltrek Successfully Secures More Than $11 Million of EV Charging Construction Services Work
MANITOWOC, Wis., April 03, 2024 (GLOBE NEWSWIRE) — Orion Energy Systems, Inc. (NASDAQ:OESX) (Orion Lighting), a provider of energy-efficient LED lighting, announced significant progress in its EV charging business through its electric vehicle (EV) charging solutions division, Voltrek. Voltrek has successfully secured more than $11 million of open construction services contracts under the Eversource “EV Make Ready” program. These contracts were finalized in FY’24 and represent over 25 individual projects from Eversource Energy, a leading utility focused on sustainability and energy efficiency. These projects were all previously included in Orion’s revenue outlook expectations and are now all contracted and expected to be executed within Orion’s fiscal year 2025, which started April 1, 2024. This achievement underscores the increasing demand for EV charging solutions and reaffirms Voltrek’s position as a trusted industry partner.