Press Releases

Eos Energy Storage and Northern Power Systems Partner to Supply Integrated Battery Storage Solutions

Turnkey product breaks sub $400/kWh installed cost barrier to enable utility energy storage markets  San Diego, CA DistribuTECH 2017 [Booth #1247] – January 30, 2017 – Eos Energy Storage (“Eos”) and Northern Power Systems Corp. (TSX: NPS) today announced a strategic partnership to develop and offer integrated energy storage systems (ESS) for utilities and commercial/industrial customers. The initiative combines the safe, ultra-low cost Eos Aurora® DC battery system with Northern Power’s advanced energy storage inverter, controls, and engineering expertise. The suite of integrated solutions provides 4 hours of usable […]

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Northern Power Systems Reports Third Quarter 2016 Results

Barre, VT USA (14 November 2016) – Northern Power Systems Corp. (TSX: NPS), a next generation renewable energy technology company, today announced financial results for its third quarter ended September 30, 2016. Business Highlights: Continued sequential improvement in revenue to $12.1 million as compared to $8.7 million and reduction in GAAP net loss of $1.4 million as compared to $2.5 million. Drove quarterly service business revenue to $1.6 million compared to $1.4 million in the prior year with a notable increase in service gross margins. Delivered […]

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Northern Power Systems Corp. Announces Date and Time for its Third Quarter 2016 Results Presentation and Conference Call

Barre, VT USA (November 9, 2016) – Northern Power Systems Corp. (TSX: NPS), a next generation renewable energy technology company, announced today that it will host a conference call and webcast on Tuesday, November 15, 2016, at 8:00 a.m. (EST) to discuss the Company’s third quarter 2016 financial results. To participate, callers in the United States should dial +1-877-276-7742, Canada +1-866-450-4696 and in other countries +1-412-317-5473. Participants should ask to be joined to the Northern Power Systems call. The conference call will also be available […]

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WEG and Northern Power Systems look to the future with technology

Barre, VT USA (October 26, 2016) – Northern Power Systems Corp. (TSX: NPS), a next generation renewable energy technology company, announced that WEG S.A. (Bovespa: WEGE3 / OTC: WEGZY) and NPS have executed a definitive agreement for WEG to acquire Northern Power System’s Utility Wind assets. Under the agreement, the proven utility scale direct drive technology developed and successfully deployed to date by both NPS and WEG will be solely owned by WEG and its affiliates.  All assets, including the related patent portfolio for utility […]

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Northern Power Systems Wind Turbines perform through Hurricanes and Typhoons

Barre, VT USA (October 12, 2016) – Northern Power Systems Corp. (TSX: NPS), a next generation renewable energy technology company, confirms the continued performance of its remote fleet with turbines performing through both Hurricane Matthew in the Caribbean, as well as Typhoon Chaba in the Jeju region of South Korea. Northern Power turbines at Over Yonder Cay in the Bahamas have now performed through three hurricanes without damage, most recently, experiencing winds of over 135 miles per hour and at least one direct lightning strike […]

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Northern Power Systems confirms commitment to North American market and strengthens commercial leadership

Barre, VT USA (October 4, 2016) – Northern Power Systems Corp. (TSX: NPS), a next generation renewable energy technology company, has confirmed its commitment to the North American distributed generation market with the announcement of two significant changes to its commercial leadership team, hiring Alex Sarly in the role of North American Director of Sales, Distributed Wind and the promotion of Chris McKay to North American Director of Sales, Power Systems. The NPS 100 wind turbine platform is a state-of-the-art product in its third generation […]

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Northern Power Systems Reports Third Quarter 2017 Results >> Read Full Post