NEWS 09.23.10

Northern Power Systems Receives DOE Funds to Develop New Turbine

Northern Power Systems Inc. will use a grant from the U.S. Department of Energy (DOE) to help fund development and commercialization of a midsize permanent magnet direct-drive wind turbine, the Northern Power 450.

The DOE recently awarded a total of $5 million to support wind energy development in the U.S., and Northern Power Systems was one of three companies to receive grant money to increase the speed and scale of midsize wind turbine technology, development and deployment. 

In addition to the DOE funds, Northern Power will leverage almost $10 million in private-sector capital to develop a 450 kW turbine.

"It's a terrific assistance for us, and we're very grateful to receive the grant," says John P. Danner, CEO of the Barre, Vt.-based company.

Click here to read the full story by North American Windpower.