BARRE, Vt., April 25, 2016
/PRNewswire/ -- Northern Power Systems Corp. (TSX:
NPS), a next generation renewable energy technology company,
today announced the release of a new product that enables
developers and end-users to acquire a fully integrated energy
storage system tailored to their needs in terms of power and
energy.
The Northern Power ESS (Energy Storage Solution) features the
advanced FP2000 FlexPhase power conversion system that has been
featured in multiple technologies and applications. The system has
a wide range of DC voltage optimization, able to be effective with
Flow, Lithium, Lead Acid or any other chemical battery, as well as
mechanical storage options such as flywheels. Northern Power
leverages its abilities and experience in grid integration and
renewable optimization in order to deliver the best solution for
the customer's needs.
Diego M. Tebaldi, VP of Global Business Development for Northern
Power Systems, commented "This is a great step forward—responding
to market demand where customers are requiring a fully integrated
solution." He continued, "We are proud to partner with key
providers across the spectrum of the main components, using our
multi-year experience to select components that provide the better
technical solution for the application required, and offer the
market an easier to deploy standard and pre-configured
solution."
Northern Power Systems offers integrated Energy Storage
Solutions (ESS) configurable for a range of applications. NPS ESS
can be packaged into containers, shelters, trailers, or buildings
with an output power range of 125 kVA – 2,000 kVA. The duration of
rated power can be configured from 15 minutes to 4 hours.
Key Applications of this solution include:
- Utility Grid Support – frequency regulation, VAR support/power
quality, peak shaving/load shifting, sub-station resiliency,
renewable integration
- Behind-the-Meter – demand management, time-of-use, back-up
power, critical load support
- Hybrid Microgrids – remote/islanded operation, black start,
renewables utilization/reduced fuel consumption
Northern Power is featuring this announcement at the Energy
Storage Association industry conference in Charlotte, NC from 25th April
2016 – 27th April 2016 and
will have a presence in booth #327.
For more information please reach out to
Info@NorthernPower.com
About Northern Power Systems
Northern Power Systems designs, manufactures, and sells wind
turbines and power technology products, 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 10.2 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 (PMDD)
technology uses fewer moving parts, delivers higher energy capture,
and provides increased reliability due to reduced maintenance and
downtime.
- Northern Power Systems' FlexPhase™ power converter platform
uses patented converter architecture and advanced controls
technology for advanced grid support and generation
applications.
- 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 the company's
next generation technology and IP for their utility and distributed
wind products and markets.
To learn more about Northern Power Systems, please visit
www.northernpower.com.
Notice regarding forward-looking statements:
This release includes forward-looking statements regarding
Northern Power Systems and its business, which may include, but is
not limited to, product and financial performance, regulatory
developments, supplier performance, anticipated opportunity and
trends for growth in our customer base and our overall business,
our market opportunity, expansion into new markets, and execution
of the company's growth strategy. Often, but not always,
forward-looking statements can be identified by the use of words
such as "plans", "is expected", "expects",
"scheduled", "intends", "contemplates",
"anticipates", "believes", "proposes" or variations (including
negative variations) of such words and phrases, or state that
certain actions, events or results "may", "could", "would", "might"
or "will" be taken, occur or be achieved. Such statements are based
on the current expectations of the management of Northern Power
Systems. The forward-looking events and circumstances discussed in
this release may not occur by certain specified dates or at all and
could differ materially as a result of known and unknown risk
factors and uncertainties affecting the company, including risks
regarding the wind power industry; production, performance and
acceptance of the company's products; our sales cycle; our ability
to convert backlog into revenue; performance by the company's
suppliers; our ability to maintain successful relationships with
our partners and to enter into new partner relationships; our
performance internationally; currency fluctuations; economic
factors; competition; the equity markets generally; and the other
risks detailed in Northern Power Systems' risk factors discussed in
filings with the U.S. Securities and Exchange Commission (the
"SEC"), including but not limited to Northern Power Systems' Annual
Report on Form 10-K filed on March 31,
2015, as well as other documents that may be filed by
Northern Power Systems from time to time with the SEC. Although
Northern Power Systems has attempted to identify important factors
that could cause actual actions, events or results to differ
materially from those described in forward-looking statements,
there may be other factors that cause actions, events or results to
differ from those anticipated, estimated or intended. No
forward-looking statement can be guaranteed. Except as required by
applicable securities laws, forward-looking statements speak only
as of the date on which they are made and Northern Power Systems
undertakes no obligation to publicly update or revise any
forward-looking statement, whether as a result of new information,
future events, or otherwise.
Pavel Jakovlev
Marketing Manager
+1 802-461-2955 ext.7
pjakovlev@northernpower.com
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SOURCE Northern Power Systems Corp.