SOURCE: Northern Power Systems AG

Northern Power Systems AG

September 26, 2014 11:14 ET

Northern Power Systems Builds on Microgrid Experience to Offer Grid Storage Solutions

In-House Power Laboratory Used to Optimize Storage Power Converters and Control Platforms

BARRE, VT--(Marketwired - September 26, 2014) - Northern Power Systems (www.northernpower.com) (TSX: NPS) grid solutions are installed at many commercial and test sites for the use of storage technologies designed to provide peak shaving, load shifting and grid stabilization. The optimization of power converter and controls technology in NPS' state of the art, permanent magnet direct drive wind turbines has resulted in compact systems with remarkably high power density. This results in a unique combination of performance and reliability under widely varied operating conditions. The patented converter architecture and advanced controls technology is modular, fully customizable and liquid cooled, yielding extremely fast response time.

Northern Power Systems can trace its roots to the integration of complex power systems for applications across the globe, including weather stations in Antarctica.

Jonathan Lynch, Chief Technology Officer at NPS, said, "Northern Power has over 30 years of experience providing quality power products and systems to the utility industry. Our converters are built around a modular architecture and scalable controls in a common chassis that is easily customizable to meet the demands of a wide variety of specifications."

To find out more about the FlexPhase converter and other Northern Power technologies, or to better understand NPS' production capabilities, please stop by Energy Storage North America Booth #408 at the San Jose Convention Center, September 30 - October 2, or contact us at www.northernpower.com.

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, product performance, competition, execution of the company's growth strategy 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. 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 performance and customer acceptance of new products, the wind power industry, 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 otherwise.

About Northern Power Systems

Northern Power Systems designs, manufactures, and sells power technology, wind turbines, 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' FlexPhase® power converter platform uses patented converter architecture and advanced controls technology for advanced grid support and generation applications. Northern Power Systems manufactures the NPS™ 60 and NPS™ 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. 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 www.northernpower.com.

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