These awards include several large projects the company will complete for institutional and industrial customers on behalf of top US investor-owned electric utilities.
The investments are being made to provide electrical capacity for peak power periods, increase backup power resources and upgrade electrical systems.
According to the company, $14m of new business is for IDG Systems and $4m is for utility infrastructure projects.
PowerSecure CEO Sidney Hinton said that these new projects provide the company with a nice head start on new business awards for 2011 in both its distributed generation and utility infrastructure businesses.
PowerSecure is a provider of energy and smart grid solutions to electric utilities, and their commercial, institutional and industrial customers, as well as energy services to the oil and natural gas industry.
