Press Releases - Northern Power Systems !

Northern Power Systems Reports First Quarter 2017 Results

Business Highlights: Increased order backlog to $30 million at March 31, 2017 compared to $26 million at March 31, 2016. Our cash and cash equivalents increased $1.2 million in first quarter of 2017 compared to a decrease of $2.3 million for the same period in the prior year. Furthered the commercialization of an energy storage offering for the deployment across the utility industry. Barre, VT USA (12 May 2017) – Northern Power Systems Corp. (TSX: NPS), a next generation renewable energy technology company, today announced […]

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ENGIE Purchases Northern Power Integrated 1MW Eos Aurora® Battery for Landmark Solar and Wind Project in Brazil

ENGIE, Eos Energy Storage (“Eos”) and Northern Power Systems Corp. (TSX: NPS) today announced that they will work together to install a 1 megawatt (MW), 4 megawatt-hour (MWh) grid-scale energy storage solution supporting a hybrid solar and wind demonstration project, developed by ENGIE in Brazil. Eos and Northern Power will together manufacture and supply the turn-key, fully-integrated energy storage system combining the Eos Aurora battery with Northern Power’s FlexPhase™ power conversion technology and intelligent controls. “In order to further develop the penetration of wind and […]

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Triad Recycling & Energy Takes Control of Energy Costs, Hosts Open Turbine Day April 24

Northern Power Systems co-hosts event with Buffalo Renewables and Triad, offering a unique opportunity to see the benefits of wind power up close Tonawanda, NY – April 17, 2017 –  Northern Power Systems Corp (TSX: NPS), a next generation renewable energy technology company and manufacturer of the NPSTM 100 wind turbine, today announced an “Open Turbine Day” event in conjunction with Triad Recycling & Energy Corporation (Triad) and Buffalo Renewables. The event on Monday, April 24, 2017 will celebrate the December commissioning of Triad’s first […]

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Northern Power Systems Announces Fourth Quarter and Full Year 2016 Results

Fourth Quarter 2016 Highlights: Our cash and cash equivalents increased $2.2 million in fourth quarter of 2016 compared to $0.7 million for the same period in the prior year. Increased order backlog at December 31, 2016 to $28 million as compared to $25 million at December 31, 2015. Completed the sale of certain of our utility-scale wind assets to WEG SA; expanding our global collaboration with WEG with the potential to collect royalties for up to an additional $17.5M, over the next decade, for sales […]

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Energy Storage Europe

March 14-16, 2017, Dusseldorf, Germany: Northern Power System will be exhibiting at the largest energy storage event in Europe – Energy Storage Europe (ESE). You can find us at Stand C34 in Hall 8b. We are excited to present our new product – The Northern Power / Eos Fully Integrated Energy Storage System – the industry’s lowest cost ESS solution, installed from under €400/kWh. At the show, we will also be presenting our NPS FP2000 power converter with FlexPhase™ technology – optimal for battery energy storage projects. […]

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Kevin Kopczynski Joins Northern Power Systems Board of Directors

Marcus Baker resigning after Eight Years of Service Barre, VT USA (February 16, 2017) – Northern Power Systems Corp. (TSX: NPS), a next generation renewable energy technology company, today announced  that Mr. Kevin Kopczynski has been appointed to the company’s Board of Directors, replacing Marcus Baker, President of the Baker Companies, Inc. Mr. Kopczynski is Senior Director of Research and Development at First Solar.  Mr. Kopczynski previously served from 2013 to 2016 as President and CEO of Enki Technology, a solar materials company. He successfully […]

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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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