Distributed Energy Resources
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Pioneer Power Secures Significant Distributed Power Order in Mission-Critical Resiliency Market
Businesswire· 2025-10-28 13:05
Core Viewpoint - Pioneer Power Solutions, Inc. has announced its first purchase order in the distributed power space, valued at over $690,000, marking a strategic expansion from its high-growth areas [1] Group 1: Company Overview - Pioneer Power Solutions, Inc. is a leader in the design, manufacture, service, and integration of distributed energy resources, power generation equipment, and mobile electric vehicle charging solutions [1] Group 2: Recent Developments - The initial purchase order confirms the company's strategic expansion into the distributed power sector, indicating a positive trajectory for future orders [1]
Pioneer Power Secures City Contract for e-Boost Mobile Charging
Yahoo Finance· 2025-09-29 22:50
Core Insights - Pioneer Power Solutions, Inc. (NASDAQ:PPSI) has been awarded a $725,000 contract by the City of Long Beach, California, for its e-Boost mobile EV charging system [1][2] - The order includes a 250kW e-Boost Mobile 'Stretch' system aimed at enhancing the electrification of the city's sanitation truck fleet and integrating ChargePoint chargers [2] - The company has outperformed the market by 168.61% over the past five years, positioning itself as a strong investment opportunity in the growing electrification sector [3] Company Overview - Pioneer Power Solutions, Inc. is headquartered in Fort Lee, New Jersey, and specializes in distributed energy resources, power generation products, and mobile EV charging solutions [4] - Founded in 2008, the company operates through two segments: Electrical Infrastructure Equipment and Critical Power Solutions [4]
GDEV Management Announces Over $200MM of Fund II Capital Commitments to Scale Distributed Energy Platforms Across North America
GlobeNewswire News Room· 2025-08-27 10:00
Core Insights - GDEV Management, LLC has secured over $200 million in capital commitments for its second flagship fund, Fund II, with participation from a large Canadian pension plan and multiple U.S. insurance companies [1][2]. Fund Strategy and Performance - Fund II continues GDEV's strategy of building and scaling distributed energy resource (DER) platforms into mature infrastructure businesses, focusing on long-term, high-value assets [2][5]. - The portfolio has successfully brought over 330 MW of new energy generation and 260 MWh of energy storage capacity online across North America, primarily behind the meter, which allows for quicker deployment and attractive inflation-linked returns [2][5]. - GDEV has established a strong track record with notable transactions involving leading global investors, demonstrating its ability to identify and scale distributed infrastructure platforms [3][5]. Market Position and Future Outlook - The firm maintains a steadfast focus on distributed generation, energy reliability, and retail rate-linked revenue models, which serves as a solid foundation for growth amid market volatility [4][6]. - GDEV's policy-agnostic approach positions it well to scale operations in evolving regulatory environments, indicating a positive outlook for the future of the franchise [6]. Fund I and Investments - Fund I, launched in 2020, invested across ten platforms focused on behind-the-meter and on-site generation infrastructure [5]. - Fund II has already made seven platform investments, including low-carbon infrastructure advisory firm Nexus PMG, utility-scale energy storage developer Lightshift Energy, and EV charging operator 3V Infrastructure [5]. Company Overview - GDEV Management, LLC is a middle-market infrastructure private equity firm investing in high-growth sustainable infrastructure companies across various sectors, including renewable energy and energy efficiency [7].