PowerSecure has received $18m of new awards for its Interactive Distributed Generation smart grid power systems (IDG systems) and utility infrastructure projects.

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.