Northern Power opens European wind turbine HQ
Date: 09/30/2009
Company: Northern Power
Source: Mass High Tech
As European wind turbine makers look to the United States as a source of new business opportunities, one Vermont commercial-scale turbine maker is hoping to build on early success in Europe with its first international beachhead in Zurich.
Northern Power Systems has already booked about 5 million euros, or $7.28 million, in orders for its 100 kilowatt turbines across Europe, and company officials say a dedicated sales staff will further drive the company’s recent success.
“It’s a fantastic opportunity for us to expand.” said Jim Stover, vice president of global marketing and project management for the Barre-based company. “We are seeing tremendous growth, largely driven by incentives like feed-in tariffs,” which require utilities to buy renewable energy at rates higher than the market would set.
Media Contact
for general media inquiries contact:
media@rockportcap.com