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Voltrek to Design and Install EV Charging Infrastructure for an Electric School Bus Pilot Program

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Orion Energy Systems (Nasdaq: OESX) has announced that its subsidiary, Voltrek, secured a $1.5 million contract for the design and installation of EV charging infrastructure for a municipal school district’s EV School Bus Pilot program. The project will support the deployment of 20 electric school buses initially, with potential future expansion to 145 buses. This initiative utilizes advanced DC fast-charging technology and is partially funded by the American Rescue Plan Act. CEO Mike Jenkins highlighted Voltrek’s expertise in the EV charging sector, emphasizing the company's commitment to sustainability and carbon reduction.

Positive
  • Contract secured for $1.5 million, promoting EV infrastructure.
  • Supports deployment of 20 electric school buses, with potential expansion to 145.
  • Partially funded by the American Rescue Plan Act, reducing financial burden.
Negative
  • None.

MANITOWOC, Wis. and LAWRENCE, Mass., Feb. 02, 2023 (GLOBE NEWSWIRE) -- Orion Energy Systems, Inc. (Nasdaq: OESX) (Orion Lighting), a provider of energy-efficient LED lighting and controls, maintenance services and electric vehicle (EV) charging station solutions, announced its Voltrek subsidiary has secured a $1.5 million contract for the design and installation of EV charging infrastructure to support an EV School Bus Pilot program for a large municipal school district.

The pilot program – which includes EV charging infrastructure engineered to support the initial deployment of 20 electric school buses and future expansion of up to 145 electric school buses – utilizes the latest in DC fast-charging equipment and highlights Voltrek’s capability to support large-scale fleet conversion to electrification.

Voltrek President, Kathleen Connors, commented, “We are honored to supply critical EV charging infrastructure to kick-start the conversion of a diesel-powered bus fleet to clean, quiet, and reliable electric power. We look forward to supporting our customer’s goal to electrify their entire bus fleet by 2030.”

Orion CEO, Mike Jenkins, stated, “Voltrek is a pioneer in the EV charging industry with over a decade of success on projects throughout the nation. Their engineering, design, installation, service, and maintenance capabilities are a perfect fit for the electrification goals of this school bus pilot program. Supporting our customers’ sustainability, efficiency and carbon reduction efforts over the long term is our core mission at Orion and Voltrek.”

This project is a collaborative effort with Voltrek partners. The EV charging deployment is being partially funded by the American Rescue Plan Act.

About Orion Energy Systems
Orion provides energy efficiency and clean tech solutions, including LED lighting and controls, maintenance services and electrical vehicle (EV) charging solutions. Orion specializes in turnkey design-through-installation solutions for large national customers, with a commitment to helping customers achieve their business and environmental goals with healthy, safe and sustainable solutions that reduce their carbon footprint and enhance business performance.

Orion is committed to operating responsibly throughout all areas of our organization. Learn more about Orion’s ESG priorities, goals, and progress here or visit Orion’s website at orionlighting.com.

Orion Contact
Steve Paulus, Director Marketing & Communications
Orion Energy Systems, Inc.
spaulus@oesx.com
(920) 239-8007

Investor Relations Contacts 
Per Brodin, CFOWilliam Jones; David Collins
Orion Energy Systems, Inc.Catalyst IR
pbrodin@oesx.com(212) 924-9800 or OESX@catalyst-ir.com

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Twitter: @OrionLighting and @OrionLightingIR
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FAQ

What is the $1.5 million contract announced by Orion Energy Systems related to?

The contract pertains to the design and installation of EV charging infrastructure for a municipal school district's EV School Bus Pilot program.

How many electric school buses will the EV School Bus Pilot program initially deploy?

The program will initially deploy 20 electric school buses.

What is the potential future expansion for the electric school bus program?

The program has the potential to expand to support up to 145 electric school buses.

Which funding supports the EV charging deployment project?

The project is partially funded by the American Rescue Plan Act.

Orion Energy Systems, Inc.

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