BARRE, VT, March 25 /CNW/ - Distributed Energy Systems Corp. (Nasdaq:
DESC), an innovative leader in wind power technology, announced today that it
received an order for its advanced Northwind 100 gearless wind turbines from
Newfoundland and Labrador Hydro (Hydro), the fourth largest utility company in
Three Northwind 100 turbines will be installed in Ramea, a small remote
island on the south coast of Newfoundland and one of 22 isolated communities
served by Hydro. Ramea is the site of a five-year innovative research and
development project for an isolated wind-hydrogen-diesel generation system,
one of the first of its kind in the world. This project is focused on
developing an environmentally-friendly energy solution to be used in small,
isolated electrical distribution systems. The project builds on the existing,
successful wind-diesel system that has been operating in Ramea since 2004.
"We are very pleased to provide our experience and leading-edge, state of
the art wind turbine to this innovative project in Ramea," said Bud Cherry,
chief executive officer at Distributed Energy Systems. "The Northwind 100's
track record for reliability and the technology and know-how of the DESC team
will serve Newfoundland and Labrador Hydro extremely well."
"The Ramea Wind-Hydrogen-Diesel energy project has the potential to
significantly reduce Hydro's reliance on diesel generation and provide clean,
renewable energy to isolated customers," said Greg Jones, Hydro's vice
president of Business Development (Acting). "Distributed Energy Systems'
technology and expertise in remote northern communities is a strong fit for
With 100kW of rated power, the Northwind 100 was originally designed for
use in remote winddiesel applications, and more recently has been released as
an alternative power generator for grid-connected customers such as small
businesses, commercial farms, small communities, schools and universities, and
small corporate and industrial sites. The permanent magnet direct-drive (PMDD)
turbine delivers best-in-class reliability and high energy capture to the
mainstream wind energy marketplace.
About Distributed Energy Systems Corp.
Distributed Energy Systems Corp. (Nasdaq: DESC) creates and delivers wind
and hydrogen power solutions to a decentralized energy marketplace, giving
users greater control over their energy cost, quality, and reliability.
Northern Power Systems, the company's wind division, has a history of
leadership in wind power. The company's installed base of turbines has logged
almost 2 million kilowatt-hours of production to date. The Northwind 100 is
the company's branded 100kW wind turbine and is most widely known for helping
wind-diesel customers in isolated communities save money and improve their
power portfolio. More recently, the Northwind 100 has been penetrating the
mainstream marketplace and providing wind power in grid-connected
applications. For more information, visit www.distributed-energy.com.
About Newfoundland and Labrador Hydro (Hydro)
Headquartered in St. John's, Newfoundland and Labrador, Hydro is a Crown
corporation with a mandate to deliver safe, reliable, least-cost energy to
industrial, utility and residential customers in Newfoundland and Labrador.
The company supplies over 80 per cent of the province's electrical energy, and
has expanded its operations into oil and gas, wind generation, and, research
and development. Hydro, with its subsidiaries, is the fourth largest power
utility in Canada, with over 7,300 megawatts (MW) of installed generating
capacity in 2007. For more information, visit www.nlh.nl.ca.
This press release contains forward-looking statements for purposes of
the safe harbor provisions under The Private Securities Litigation Reform Act
of 1995. Statements contained herein that are not statements of historical
fact may be deemed to be forward-looking information. Without limiting the
foregoing, words such as "anticipates," "believes," "could," "expect,"
"intend," "may," "might," "should," "will," and "would" and other forms of
these words or similar words are intended to identify forward-looking
information. Distributed Energy's actual results may differ materially from
those indicated by these forward-looking statements as a result of various
important factors. Distributed Energy disclaims any obligation to update these
forward-looking statements. Factors that could cause results to differ
materially from those contained in Distributed Energy's forward-looking
statements include, but are not limited to, our failure to perform contracts
for customers profitably, or complete development of our products, the failure
of our products to achieve commercial acceptance, our inability to expand our
production facilities, manufacture our products at commercially acceptable
costs or establish distribution relationships, the impact of competitive
products, and other factors detailed in Distributed Energy's Form 10-K for the
year ended December 31, 2007, and other filings Distributed Energy may make
from time to time with the SEC.
For further information:
For further information: Maureen McCracken, Director of Marketing, (802)
461-2955 Ext. 2814, email@example.com; or Investor Relations,
Peter Tallian, Chief Financial Officer, (203) 678-2148,
firstname.lastname@example.org, both of Distributed Energy Systems; or Dawn
Dalley, Manager, Corporate Communication & Shareholder Relations of
Newfoundland and Labrador Hydro, (709) 737-1315, email@example.com Web Site: