Northern Power Systems will dedicate its focus to distributed energy solutions, including the design, manufacture and sale of distributed wind turbines and integrated microgrid and distributed energy storage solutions.
Consistent with this refocus, Northern Power Systems is exploring arrangements to further monetize the company's investment in its utility scale wind businesses and technology. Northern Power Systems' utility scale wind portfolio includes fully developed variants of its 2.X MW class turbine as well as ongoing design of a 3.X MW turbine through an agreement with WEG S.A. As part of the company's effort to refocus its business, chief operating officer Lawrence Willey will be departing Northern Power Systems. In addition, the company is taking steps to realign its workforce and streamline operations consistent with its renewed focus on the design and sale of distributed energy solutions. Ciel Caldwell, the company's current chief financial officer, will be adding operational leadership to her role going forward as the senior vice president of operations and finance.
