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Pioneer Announces New E-Bloc Orders Totaling $7.2 Million in the Month of June for Multiple Infrastructure Markets – Airports, Military Installations and EV Charging
Bulk of deliveries expected in the first half of 2025 FORT LEE, N.J.--(BUSINESS WIRE)-- Pioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the
About this update from Pioneer Power Solutions, Inc.
[{"type":"text","content":"\nBulk of deliveries expected in the first half of 2025\n\n\n FORT LEE, N.J.--(BUSINESS WIRE)--\nPioneer Power Solutions, Inc. (Nasdaq: PPSI) (“Pioneer” or the “Company”), a leader in the design, manufacture, service and integration of electrical power systems, distributed energy resources, power generation equipment and mobile electric vehicle (“EV”) charging solutions, today announced that it has received orders from multiple entities for its E-Bloc products valued at $7.2 million in the aggregate. The E-Bloc product line integrates circuit protection, controls, automatic transfer schemes and power management in a compact, outdoor and unitized system. Launched in 2021, Pioneer currently has more than 1,500 E-Bloc site deployments across a wide spectrum of market verticals, including distributed generation, EV charging and solar micro grids.\n\n\nJay Johnson, GM of Sales & Marketing for Pioneer’s Grid Infrastructure Division, commented, “These orders demonstrate the wide application range of the E-Bloc product line and the strength of the underlying demand for Pioneer’s unique solutions. We continue to see robust demand across many verticals for these solutions and consistent repeat opportunities from our existing partners as they continue to choose E-Bloc for their growing needs.”\n\n\nNotable selections from June’s purchase orders include:\n\n\n\nA $725,000 order from one of the largest solar power generation developers in the United States to be deployed at JFK International airport in New York City. The project is part of the Port Authority’s plan to increase solar power capacity at JFK and protect and control various renewable energy sources at once. This project is a follow-on order to an initial $500,000 order Pioneer delivered to JFK on behalf of the same developer earlier in the year.\n\n\n\n\nA $3.4 million order from a Southern California utility as part of the “future proofing” of its electrical grid for anticipated growth in EV electrical demand. The order consists of multiple medium voltage products expected to be delivered and commissioned throughout 2025.\n\n\n\n\nA $1.9 million order from one of the largest distributed generation developers in the United States. The medium voltage E-Bloc system will protect and control all primary power sources for a U.S. military installation in the southeast of the United Sta...