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/PRNewswire/ Orbital Energy Group, Inc. (NASDAQ: OEG) ("Orbital"), today announced that its wholly-owned subsidiary, Orbital Solar Services ("OSS"), a.
Author Bio
Travis Hoium has been writing for fool.com since July 2010 and covers the solar industry, renewable energy, and gaming stocks among other things. Follow @TravisHoium
What happened
Orbital Energy Group (NASDAQ:OEG) jumped as much as 21.5% on Wednesday after announcing a new solar project. At 11:15 a.m. EDT today, shares were up 15.4% and holding steady for the day.
So what
Orbital Energy Group s subsidiary Orbital Solar Services was selected to be the engineering, procurement, and construction (EPC) provider for a 137 megawatt project in Arkansas. The end customer wasn t named, only that it is a North American Fortune 100 energy company.
Shares of Orbital Energy Group Inc. traded 115% higher after the company reported its subsidiary Gibson Technical Services secured a contract to provide approximately 700 miles of turnkey engineering and construction services across Central Mississippi.
Why Energy Penny Stocks Are Up Today and 3 Small-Caps to Watch dailyherald.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyherald.com Daily Mail and Mail on Sunday newspapers.