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Stock impact report

Orion Secures LED Lighting Retrofit Project Across 400 Locations [Yahoo! Finance]

Orion Energy Systems, Inc. (OESX) 
NASDAQ:AMEX Investor Relations: investor.oriones.com/investor-relations
Company Research Source: Yahoo! Finance
The distributor operates more than 400 locations across the region. The project will start in Orion's third-quarter fiscal 2025 and is expected to continue for several years. The company estimates the total value of the contract to be between $12 million and $18 million, with about $1 million expected in fiscal 2025. Orion will carry out site visits, lighting audits and manage the installation of LED lighting systems across the customer's national store network. The company will manufacture and supply a mix of LED high bays, strip fixtures, office troffers and some exterior lighting, tailored to each location's requirements. The lighting-upgrade initiative aims to significantly cut down on the customer's annual energy consumption and reduce its carbon footprint from lighting. This will also improve the lighting quality and safety in each location, benefiting employees, customers and vendors. OESX has been building on its track record with national accounts through the company' Show less Read more
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