ANAHEIM, Calif.--(BUSINESS WIRE)--
Willdan Group, Inc. (NASDAQ: WLDN) announced today that the California
Energy Commission (CEC) has awarded Willdan a grant to demonstrate
emerging energy efficiency technologies through the Electric Program
Investment Charge (EPIC). These technologies will be demonstrated at the
South Coast Air Quality Management District (SCAQMD) headquarters
facility in Diamond Bar, California for the purposes of testing for
scalability in the larger California commercial market. The grant
project, titled Bundle-Based Energy Efficiency Technology Solutions for
California (BEETS), has a duration of three and a half years and once
completed will improve efficiency at the SCAQMD facility by over 20%.
The project has $4 million in CEC EPIC funding and $2.3 million in match
funding, for a total project budget of $6.3 million, along with several
subcontractor donations of time and equipment.
"This project is an opportunity for Willdan to demonstrate the value and
impact of clean energy projects, and to overcome the challenges of
implementing new technologies in existing buildings," said Tom Brisbin,
As part of the BEETS project, Willdan developed three bundles of
pre-commercial technologies for the following spaces: laboratory and
critical environments, office and exterior spaces, and chilled water
plants. Technologies will include chillers using a new refrigerant that
does not deplete the ozone layer; LED fixtures with integrated, advanced
controls; an advanced building management system; direct current
lighting systems; advanced ventilation and laboratory fume hood exhaust
systems; wirelessly integrated plug load controls; and a platform
capable of demand response.
About the California Energy Commission
The California Energy Commission is the state's primary energy policy
and planning agency. The agency was established by the California
Legislature through the Warren-Alquist Act in 1974. It has seven
core responsibilities: advancing state energy policy, encouraging
energy efficiency, certifying thermal power plants, investing in energy
innovation, developing renewable energy, transforming transportation and
preparing for energy emergencies.
The South Coast Air Quality Management District is the air pollution
control agency for all of Orange County and the urban portions of Los
Angeles, Riverside and San Bernardino counties. This area of 10,743
square miles is home to over 16.8 million people-about half the
population of California. SCAQMD's mission is to clean the air and
protect the health of all residents in the South Coast Air District
through practical and innovative strategies.
Willdan provides professional consulting and technical services to
utilities, public agencies and private industry throughout the United
States. The Company's service offerings span a broad set of
complementary disciplines that include energy efficiency and
sustainability, engineering and planning, financial and economic
consulting, and national preparedness. Willdan provides integrated
technical solutions to extend the reach and resources of its clients,
and provides all services through its subsidiaries specialized in each
segment. For additional information, visit Willdan's website at www.willdan.com.
Statements in this press release that are not purely historical,
including statements regarding Willdan's intentions, hopes, beliefs,
expectations, representations, projections, estimates, plans or
predictions of the future are forward-looking statements within the
meaning of the Private Securities Litigation Reform Act of 1995. The
forward-looking statements involve risks and uncertainties including,
but not limited to, the risk that Willdan will not be able to expand its
services or meet the needs of customers in markets in which it operates.
It is important to note that Willdan's actual results could differ
materially from those in any such forward-looking statements. Factors
that could cause actual results to differ materially include, but are
not limited to, a slowdown in the local and regional economies of the
states where Willdan conducts business and the loss of or inability to
hire additional qualified professionals. Willdan's business could be
affected by a number of other factors, including the risk factors listed
from time to time in Willdan'sSEC reports including, but not limited
to, the Annual Report on Form 10-K filed for the year ended December 30,
2016 and the Quarterly Report on Form 10-Q for the quarter ended
September 29, 2017. Willdan cautions investors not to place undue
reliance on the forward-looking statements contained in this press
release. Willdan disclaims any obligation to, and does not undertake to,
update or revise any forward-looking statements in this press release.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171215005148/en/
Willdan Group, Inc.
Financial Profiles, Inc.
Tony Rossi, 310-622-8221
Source: Willdan Group, Inc.
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