UGE International (OTCQB: UGEIF) reported its largest revenue-generating quarter, posting fourth-quarter revenues for 2016 at $3.5 million, a considerable leap from its previous quarterly record of $1.5 million in the second quarter of last year. The company attributes the increase to progress made on projects that include 17 microgrid sites in New York City – where the company is managing project development and engineering work ahead of construction slated for 2017 – and the SolarShare FiT3 portfolio in Ontario. In its quest to maintain a competitive position in the renewable energy market, UGE has accumulated more than 330MW of global experience serving commercial and residential clients.
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About UGE International Ltd.
UGE delivers immediate savings to businesses through cleaner electricity, helping commercial and industrial clients become more competitive through the low cost of distributed renewable energy. With over 330 MW of experience globally, the company works daily to power a more sustainable world.
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