Northern Power Systems

Short description: Wind turbine company

Northern Power Systems

Type| Public

Traded as

| TMX: NPS
Industry| Wind Power
Headquarters|

Barre, Vermont

United States

Key people

| CEO Troy Patton, CTO Jonathan Lynch
Products| Wind turbines

Northern Power Systems was a company that designed, manufactured, and sold wind turbines. They also provided engineering development services and technology licenses for energy applications globally. The company was founded in 1974,[1] and grew into a multinational corporation headquartered in Barre, Vermont, with European headquarters in Zurich, Switzerland and a significant presence in the United Kingdom and Italy. The company closed in 2019 when its last business unit was sold to WEG Industries.[2]

Northern Power Systems is credited as having been the original company that led to the formation of Northern Reliability, Inc. (NRI) and its entrance into energy storage.[3][4] Northern Reliability was subsequently merged into American battery manufacturer KORE Power, Inc. to become its integrated services division, KORE Solutions, Inc.[5] Northern Power Systems reported robust revenue growth for the third quarter of 2014 and achieves EBITDA profitability.

## Products

Northern Power Systems manufactured the NPS 60 and NPS 100 wind turbines for community applications; The NPS 100 is rated as having a 100 kilowatt capacity, and the NPS 60 is rated as having a 60 kilowatt capacity. Northern Power Systems also manufactured the larger 2.3 megawatt turbine designed for industrial applications such as wind farms: named the Northern Power 2X platform.

## References

1. ↑ "Wind Power Holdings raises $45M". Mass High Tech. 23 October 2009. http://www.masshightech.com/stories/2009/10/19/daily57-Wind-Power-Holdings-raises-45M.html. Retrieved 14 June 2010.
2. ↑ McQuiston, Timothy (2019-02-13). "Northern Power sells energy storage business, looks to sell rest". https://vermontbiz.com/news/2019/february/13/northern-power-sells-energy-storage-business-looks-sell-rest.
3. ↑ "Northern Reliability". http://www.northernreliability.com.
4. ↑ "Battery Innovators Make Vermont Hub in Growing Industry". https://www.sevendaysvt.com/vermont/battery-innovators-make-vermont-a-hub-in-a-surging-industry/Content?oid=34067436.
5. ↑ "KORE Power acquires Northern Reliability". March 23, 2022. https://pv-magazine-usa.com/2022/03/23/kore-power-acquires-northern-reliability/.

0.00

(0 votes)

Original source: https://en.wikipedia.org/wiki/Northern Power Systems. Read more

|

Retrieved from "https://handwiki.org/wiki/index.php?title=Company:Northern_Power_Systems&oldid=3691904"