Record breaking 2013 for Northern Power Systems
Northern Power Systems (www.northernpower.com(link is external)), a next-generation renewable energy technology company based in Barre, Vermont, reports that 2013 has been its most successful year in its core business ever. Northern Power broke its previous sales records of the NPS 60 and NPS 100 wind turbines with triple digit orders, in terms of number of units, coming from its European markets.Production at the company’s US manufacturing facility in Barre is nearing full capacity and sources are actively being identified to meet additional demand. As a result, Northern Power expects its global fleet of distributed wind turbines to grow beyond 400 units by the end of 2014.The NPS 60 and NPS 100 reliability record continues to improve, recently surpassing 4 million run time hours with over 99% grid-connected median availability without a major incident since coming to market in 2008. This is despite having record cold temperatures in North America and violent storms in Europe. These distributed wind-class turbines are available in a variety of rotor and tower configurations, including two models introduced in mid-2013 that are specifically designed for Class III low wind sites.Northern Power’s strategic partnership with WEG Equipamentos Elétricos S.A., a major Brazilian electrical manufacturing company, is strengthening further. WEG has secured orders consuming full production capacity for 2014 for 2.1 MW turbines based on the utility-scale technology platform licensed from Northern Power.Troy Patton, CEO Northern Power Systems, said, “Our success in 2013 has gone beyond our expectations. By customizing our products to meet specific new market needs, we expect to continue to expand our opportunities for growth in the coming year.”About Northern Power SystemsNorthern Power Systems designs, manufactures, and sells wind turbines, and provides engineering development services and technology licenses for energy applications, into the global marketplace from its US headquarters and European offices.* Northern Power Systems has almost 40 years’ experience in technologies and products generating renewable energy.* Northern Power Systems currently manufactures the NPS’¢ 60 and NPS’¢ 100 turbines. With over 4 million run time hours across its global fleet, Northern Power wind turbines provide customers with clean, cost effective, reliable renewable energy.* Patented next generation permanent magnet/direct drive (PM/DD) technology uses fewer moving parts, delivers higher energy capture, and provides increased reliability due to reduced maintenance and downtime.* Northern Power Systems offers comprehensive in-house development services, including systems level engineering, advanced drivetrains, power electronics, PM machine design, and remote monitoring systems to the energy industry.* Some of the world’s largest manufacturers license NPS next generation technology and IP for their utility and distributed wind products and markets.BARRE, VT–(Marketwired – January 29, 2014) – Northern Power Systems www.northernpower.com(link is external).