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e-Enhance Chosen to Cost Fleet of New Buses for One of many Largest U.S. Metros; Accelerating Metro’s Transition to All EVs by 2028
FORT LEE, N.J. — Pioneer Energy Options, Inc. (Nasdaq: PPSI) (“Pioneer”, “Pioneer Power” or the “Company”), a frontrunner within the design, manufacture, service and integration {of electrical} energy methods, distributed power sources, energy technology gear and cellular electrical automobile (“EV”) charging options, in the present day introduced that it has obtained an order valued over $5 million for its e-Enhance cellular electrical automobile charging options from a serious U.S. metro transit authority.
With this order and its present backlog, the Pioneer eMobility enterprise unit is anticipated to surpass the 2024 steerage of $10 million in income of cellular off-grid EV charging options in 2024. The Firm expects to ship and fee this particular order within the fourth quarter of 2024.
Serving one of many largest metro cities within the U.S., the Transit Authority is led by visionary metropolis management that’s on a mission to decarbonize and sustainably electrify its fleet of transit buses by 2028. Pioneer eMobility was chosen and awarded the contract based mostly on a number of vital standards together with sustainability, product mobility, expertise, energy supply capability, product lead time, design optimization and consultative answer. The contract contains the acquisition, set up, and upkeep of 4 e-Enhance Cellular items in two transit depot areas to allow EV charging of the Transit Authority’s first 24 EV buses.
These e-Enhance Cellular items, every with 240kW of onboard energy, can be delivered with six offboard cellular EV chargers on linked skids. The items are designed with the pliability to relocate transit depot operations to a secondary, security web site throughout pure catastrophe occasions together with wildfires or flooding. Pioneer’s strong off-grid, cellular design presents the Transit Authority 8.4MWh of onboard power at every web site for EV charging throughout regular operations and the peace of mind of steady operation throughout sudden weather-related occasions or grid congestion at a distant location.
“By providing advanced high-capacity mobile EV charging solutions that balance sustainability, economy and practicality, we are supporting environmentally progressive cities as they adopt and acquire EV transit buses and help to secure the health and safety of the local citizens and bus operators,” stated Geo Murickan, President of Pioneer eMobility.”
This order additionally marks one of many first e-Enhance items to be bought by means of Sourcewell, a nationwide, nonprofit service cooperative that serves as a bridge between authorities, training, and nonprofit businesses and suppliers that provide certified merchandise and options. The e-Enhance product line is now accessible to all municipal and authorities businesses on Sourcewell by means of its alliance accomplice INF Associates Power Options, based mostly in New York and working all through the U.S.
“The notable size of this order, coupled with our visibility on additional sizable orders in the sales pipeline, clearly demonstrates the traction Pioneer is achieving for our e-Boost product line,” added Nathan Mazurek, CEO and Chairman of Pioneer. “Transit bus and transportation electrification has been one of the top priorities and challenges in the last few years, and this project further validates how robust and expansive the e-Boost solution is nationwide. This will be the second transit depot to be powered up by e-Boost in 2024 and underscores the broader future for e-Boost within the transit industry in the U.S.”
The timeline for this challenge, from approval to funding to execution, is extraordinarily brief and one of many foremost causes e-Enhance was chosen. Pioneer eMobility maintains all vital parts with lengthy lead occasions in stock, which has allowed for the quickest lead time for product deployment available in the market. This offers e-Enhance with a transparent market edge and makes Pioneer a dependable accomplice for patrons with vital grid hole challenges.
About Pioneer Energy Options, Inc.
Pioneer Energy Options, Inc. is a frontrunner within the design, manufacture, integration, refurbishment, service and distribution of electrical energy methods, distributed power sources, energy technology gear and cellular electrical charging options for purposes within the utility, industrial and business markets. To be taught extra about Pioneer, please go to its web site at www.pioneerpowersolutions.com.
About INF Associates LLC
INF Associates is a turnkey power options agency that gives decarbonization companies in constructing and transportation administration. With a workforce of licensed engineers, skilled challenge managers, and operations professionals that present complete companies for Electrical Car Charging Infrastructure, EV Fleet Transition session and implementation, Car to Grid EVSE, MicroGrid and Battery Storage options, Power Effectivity Methods, LED lighting, and plenty of extra companies. With in-depth expertise in federal and state funding applications to assist cut back the online value of capital (power) tasks to house owners and property managers, the workforce helps cut back their carbon footprint whereas assembly federal and native necessities for a future powered by inexperienced power and sustainability. To be taught extra about INF Associates, please go to its web site at https://www.infassociates.com/
About Sourcewell
Sourcewell is a nonprofit cooperative that helps educators and leaders in native authorities and nonprofit organizations by offering skilled improvement, contracted companies, funding, internship reimbursement, facility development, and different wants recognized in collaboration. Sourcewell combines the shopping for energy of greater than 50,000 authorities, training, and nonprofit organizations to save lots of its contributors money and time. The cooperative’s buying program manages the solicitation necessities and presents members easy accessibility to a longtime community of awarded contracts. To be taught extra about Sourcewell, please go to its web site at https://www.sourcewell-mn.gov/
