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Willdan Improves Reliability and Reduces Energy Load by 475 kW for Northwest Data Center

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Willdan Group, Inc. (NASDAQ: WLDN) has successfully completed energy efficiency projects for a major data center in the Pacific Northwest, resulting in annual savings of over 4.1M kWh and a peak load reduction of 475 kW. The company secured $1.7 million in incentives through local utility programs to fund the early replacement of uninterruptible power supply systems. This project, part of a decade-long collaboration with a national telecommunications service provider, was executed without causing data center downtime.

The energy savings achieved are equivalent to avoiding 2,908 metric tons of CO2 emissions or removing 692 gasoline-powered vehicles from the road for a year. Willdan's CEO, Mike Bieber, emphasized the importance of energy efficiency strategies in reducing cooling loads and increasing reliability, especially as new technologies like AI potentially increase data center energy consumption.

Positive
  • Achieved over 4.1M kWh in annual energy savings for a large data center
  • Reduced peak load by 475 kW
  • Secured $1.7 million in incentives through local utility energy efficiency programs
  • Completed upgrades without causing data center downtime
  • Equivalent to avoiding 2,908 metric tons of CO2 emissions annually
Negative
  • None.

Insights

Willdan Group, Inc.'s announcement of improving energy efficiency for a data center is noteworthy in the context of growing energy demands. The 4.1 million kWh annual savings and 475 kW peak load reduction illustrate significant operational enhancements. This project aligns with trends in the data center industry, which is under pressure to manage increasing energy consumption due to emerging technologies like artificial intelligence.

Energy efficiency projects such as these help data centers reduce operational costs and environmental impact. The $1.7 million in incentives secured showcases effective utilization of local utility programs, emphasizing a strategic approach to funding and implementation. The seamless integration, without downtime, underscores an advanced level of coordination and technical proficiency.

For retail investors, these developments highlight Willdan's capability to deliver impactful energy solutions in high-demand sectors. The environmental benefits, equivalent to reducing 2,908 metric tons of CO2, reinforce the company's commitment to sustainability, which is increasingly valued in today's market. This sets a positive precedent for future projects and partnerships.

From a market perspective, Willdan's performance in this project enhances its reputation within the energy efficiency services sector. The ability to secure significant incentives and deliver measurable results boosts investor confidence in the company's operational capabilities and strategic foresight. The longstanding relationship with the national telecommunications service provider further indicates client trust and potential for recurring business.

This project underscores the increasing relevance of energy efficiency in high-tech industries, where energy costs and reliability are critical concerns. Willdan's proactive approach in upgrading uninterruptible power supply systems not only addresses immediate operational needs but also positions the company as a forward-thinking service provider.

Investors can view this achievement as a positive indicator of Willdan's potential to capitalize on the growing demand for sustainable energy solutions, particularly in energy-intensive sectors like data centers. This strategic positioning can result in long-term growth and stability for the company.

ANAHEIM, Calif.--(BUSINESS WIRE)-- Willdan Group, Inc. (NASDAQ: WLDN) announced today that it has delivered energy efficiency projects for a large data center in the Pacific Northwest, exceeding 4.1M kWh in annual savings and reducing peak load by 475 kW. Willdan has supported projects for the data center’s owner – a national telecommunications service provider – for nearly a decade. In this latest project, Willdan secured more than $1.7 million in incentives through local utility energy efficiency programs to help fund the early replacement of uninterruptible power supply systems. Close collaboration between Willdan and the service provider’s team allowed for seamless upgrades without data center downtime.

According to the EPA Greenhouse Gas Equivalencies Calculator, the energy saved by these projects is equivalent to avoiding the emission of 2,908 metric tons of CO2 or removing 692 gasoline-powered passenger vehicles from the road for one year.

“Artificial intelligence and other new technologies have the potential to significantly increase energy consumed by data centers,” said Mike Bieber, Willdan’s CEO. “By using energy efficiency strategies, data center owners can reduce cooling loads and increase reliability.”

About Willdan

Willdan is a nationwide provider of professional, technical, and consulting services to utilities, government agencies, and private industry. Willdan’s service offerings span a broad set of complementary disciplines that include electric grid solutions, energy efficiency and sustainability, energy policy planning and advisory, engineering and planning, and municipal financial consulting. For additional information, visit Willdan's website at www.willdan.com.

Forward-Looking Statements

Statements in this press release that are not purely historical are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. 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, the risk factors listed from time to time in Willdan’s reports filed with the Securities and Exchange Commission, including, but not limited to, the Annual Report on Form 10-K filed for the year ended December 29, 2023. 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.

Al Kaschalk

Vice President

310-922-5643

akaschalk@willdan.com

Source: Willdan Group, Inc.

FAQ

What energy savings did Willdan achieve for the Northwest data center?

Willdan achieved over 4.1M kWh in annual energy savings and reduced peak load by 475 kW for the Northwest data center.

How much in incentives did Willdan secure for the data center project?

Willdan secured more than $1.7 million in incentives through local utility energy efficiency programs for the data center project.

What is the environmental impact of Willdan's energy efficiency project for the data center?

The energy savings from Willdan's project are equivalent to avoiding 2,908 metric tons of CO2 emissions or removing 692 gasoline-powered vehicles from the road for a year.

How long has Willdan (WLDN) been working with the telecommunications service provider?

Willdan has been supporting projects for the national telecommunications service provider that owns the data center for nearly a decade.

Willdan Group, Inc.

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