PowerSecure International Inc., a U.S. provider of energy-efficiency technology, landed $35 million in orders from customers including hospitals.
PowerSecure is receiving $20 million for an energy-storage system linked to a microgrid, $10 million for a data-center project and about $5 million from hospitals, the Wake Forest, North Carolina-based company said Wednesday in a statement.
Microgrids and power storage “are at the forefront of breakthrough energy technology that enables the effective utilization of renewable energy resources,” PowerSecure Chief Executive Officer Sidney Hinton said in the statement.
Energy storage in the U.S. this year is expected to more than triple, according to GTM Research. About 220 megawatts of capacity will be installed, compared with 62 megawatts last year and 44 megawatts in 2013. That figure may reach 861 megawatts by 2019 as more renewable energy is added to the grid.