Last week PowerSecure International (POWR: Nasdaq) announced the award of orders valued at $100 million for new solar projects. About 15% of the work will be completed in the final quarter of this year and the rest of the revenue will be recorded in 2016. The announcement sent investors into a tizzy. PowerSecure reported $283.4 million in total sales for the twelve months ending March 2015, primarily for solar power infrastructure and smart grid technology destined for electric utilities and microgrids.
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