Northern Power Systems
TypePublic
TMX: NPS
IndustryWind Power
Founded1974 Edit this on Wikidata
Headquarters
Barre, Vermont
,
United States
Key people
CEO Troy Patton, CTO Jonathan Lynch
ProductsWind 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. October 23, 2009. Retrieved June 14, 2010.
  2. ↑ McQuiston, Timothy (February 13, 2019). "Northern Power sells energy storage business, looks to sell rest". Vermont Business Magazine.
  3. ↑ "Northern Reliability".
  4. ↑ "Battery Innovators Make Vermont Hub in Growing Industry".
  5. ↑ "KORE Power acquires Northern Reliability". March 23, 2022.
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