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Stock impact report

Polar Power Completes Installation of UNHCR Nigeria Contract

Polar Power, Inc. (POLA) 
Last polar power, inc. earnings: 11/12 04:05 pm Check Earnings Report
Company Research Source: GlobeNewswire
Microgrid Installation Anticipated to Reduce Fuel Costs by up to 70% with Excellent Follow-on Opportunity at other UN sites GARDENA, CA, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Polar Power, Inc. (NASDAQ: POLA)(“Polar Power”), a global provider of prime, backup, solar hybrid power, and microgrid solutions announces that its DC generator, solar PV inverters, batteries, and controls were seamlessly integrated and installed at a United Nations High Command for Refugees (“UNHCR”) facility in Nigeria. Assisting Polar Power on this project were Leonics Ltd. (supplying inverters and lithium batteries), Biohenry Ltd. (providing installation and maintenance services), and the Greening and Sustainability Team at UNHCR. Polar Power’s unique “microgrid” power system for grid connected application ensures continuous power for critical operations during blackouts and can also reduce the utility cost when installed with the solar option. During frequent and long duration outages, this microgrid can pro Show less Read more
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