New NPS 60-24 Empowers Wind Energy in Italy

July 16, 2014 by  
Filed under Green Energy News

BARRE, VT, Jul 16, 2014 (Marketwired via COMTEX) –
Northern Power Systems (

/quotes/zigman/32728093/delayed CA:NPS

, a
next-generation renewable energy technology company, has launched a
new 60 kilowatt (kW) permanent magnet/direct drive wind turbine, the
NPS 60-24.

The unit has been specifically engineered for the Italian and other
low wind regime markets and can generate up to 15% more energy than
the outgoing NPS 60-23. The blade and rotor have been redesigned to
maximize annual energy production (AEP), the new nacelle is 30%
smaller, and an improved tower configuration provides further
operating efficiencies.

The NPS 60-24 is currently exclusively available in Italy. It has
been designed to meet local market requirements and government
regulations to optimize revenue generating capabilities for owners.

Locally based service teams will help ensure reliability as these new
turbines are added to Northern Power Systems’ global fleet of 100kW
and 60kW turbines.

The fleet has surpassed 5 million run time hours with over 99%
grid-connected median availability and zero incidents since its
initial product introduction in 2008.

Reinout Oussoren, Northern Power Systems’ VP of Global Sales, said,
“In 2013, the NPS 60-23 surpassed all previous sales records with
triple digit orders coming from the Italian market. Northern Power
Systems currently has the largest fleet of 60kW wind turbines in
Italy and plans to further expand its market leading position. The
NPS 60-24 is designed to meet specific new needs and customer
expectations in the Italian market, while increasing the company’s
addressable market and providing further opportunities for growth.”

Notice on forward-looking statements:

This press release includes forward-looking statements regarding
Northern Power Systems and its business, which may include, but are
not limited to, statements with respect to continuing expansion in
the markets in which Northern Power Systems sells its products,
production capacity at Northern Power Systems’ facility, growth in
the number of units distributed, the strengthening of strategic
partnerships, continued growth and other factors. 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, and are based on assumptions and subject to
risks and uncertainties (including the risk factors listed below).
Although management of Northern Power Systems believes that the
assumptions underlying these statements are reasonable, they may
prove to be incorrect. 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 customer acceptance of new products, the wind power
industry, failure to obtain regulatory approvals, risks associated
with product malfunctions, risks relating to production of Northern
Power Systems’ products, market conditions, economic factors, the
equity markets generally and risks associated with growth and
competition. 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 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

About Northern Power Systems

Northern Power Systems designs, manufactures, and sells wind
turbines, and provides engineering development services and
technology licenses for the global energy 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(TM) 60 and NPS(TM) 100
            turbines. With over 5 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 (PM/DD)
            technology uses fewer moving parts, delivers higher energy capture, and
            provides increased reliability due to reduced maintenance and downtime.
        --  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 NPS next generation
            technology and intellectual property for their utility and distributed
            wind products and markets.

To learn more about Northern Power Systems, please visit

The following files are available for download:

        --  PDF

        Contact information
        Jesse Wijnberg

SOURCE: Northern Power Systems AG


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