NetworkNewsBreaks – UGE International Ltd. (UGEIF) Sets Quarterly Revenue Record for Q42016
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…