Willdan Group, Inc. (“Willdan”) (NASDAQ: WLDN) announced today that its wholly-owned subsidiary, Willdan Energy Solutions, has grown its New York energy efficiency consulting practice to more than 50 staff in less than two years. This expansion of Willdan’s business is a result of contracts won with the New York State Energy Research & Development Authority (“NYSERDA”) and three major utility companies in the state – Consolidated Edison Company of New York, Inc., Orange and Rockland Utilities, Inc., and National Grid Plc. Through these program services, Willdan has been helping New York State work toward its goal to reduce statewide energy usage 15% by the year 2015.
“We are honored by this opportunity to take on the challenge of helping local businesses invest in their future during tough economic times,” says Lloyd Kass, Vice President for Willdan Energy Solutions in New York. “While it has been inspiring to watch the New York business community take action, we are most proud of the green jobs that have been generated in New York through these programs.” Energy efficiency programs require a wide range of expertise, including analysts, mechanical engineers, construction managers, and outreach and marketing personnel. All of these positions are part of the new ground swell of “green collar” jobs that Willdan is helping to grow throughout New York in support of these activities.
For NYSERDA, Willdan’s New York team is working to educate large commercial and industrial customers, specifically data centers, on the benefits of investing in the energy-efficient operation of their servers and cooling systems. Data centers are tremendous energy users across the State. Through the NYSERDA program, however, Willdan has successfully assisted more than 75 data center clients to develop strategies that are expected to reduce energy consumption by an estimated 77 million kilowatt hours annually. NYSERDA has committed $11.7 million in funding to support these projects.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV