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Stock Market & Financial Investment News

News Breaks
March 5, 2014
08:34 EDTFNRGForceField Energy receives LED lighting purchase order from Fortune 100 company
ForceField Energy announced the signing of a LED lighting purchase order for the immediate sale and delivery of LED "High Bay" and LED fluorescent replacement lighting products to a warehouse facility of a Fortune 100 company located in southern United States. This purchase order for approximately 300 LED High Bay Lights and approximately 100 LED tubes followed a successful initial trial and previous purchases of the company's LED products. To date, the company has installed its LED products at five facilities of this same client.
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February 20, 2015
07:35 EDTFNRGForceField subsidiary awarded two LED street light conversion projects in CT
ESCO Energy Services, a wholly-owned subsidiary of ForceField Energy, announced that its ESCO subsidiary has entered into letter of intent agreements for two LED street light conversion projects as part of its previously announced selection to participate in the Connecticut Conference of Municipalities municipal Street Light LED Conversion Program. The installation of the projects in Plainville, CT and Cromwell, CT, with an estimated value in excess of $1M, is expected to be completed by Q3 2015. The initial installations in both towns will include the conversion of more than 2,600 street light fixtures with an estimated annual savings of approximately $225,000. As previously disclosed, ESCO is currently in active discussions with more than 20 communities which make up CCM's 153 member-communities; and currently estimates the revenue generation potential of streetlight projects to be between $25M-$30M which will be recognized over a three-to-five year period.

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