دورة المؤشرنت للتحليل الفني
50 دينار كويتي
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موقوف
- التسجيل
- 31 ديسمبر 2004
- المشاركات
- 144
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عضو مميز
- التسجيل
- 11 ديسمبر 2003
- المشاركات
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500-Mile Russian Oil Pipeline Project Selects Northern Power for Critical Systems
PR Newswire - August 25, 2005 16:39
Company's TelePrime(TM) Systems to Supply Power for Maintenance and Telecom Needs
WAITSFIELD, Vt., Aug 25, 2005 /PRNewswire-FirstCall via COMTEX/ -- Northern Power Systems, a subsidiary of Distributed Energy Systems Corp (Nasdaq: DESC), announced that it has been selected to provide two integrated power systems for the Sakhalin-II Pipeline project on Sakhalin Island in the Russian far east. The contract is valued at approximately $1.5 million, bringing Northern Power's total contractual involvement in Sakhalin oil and gas development projects to more than $6 million.
Northern Power will supply its TelePrime(TM) power systems to the 800-kilometer (approximately 500-mile) pipeline to provide reliable, uninterrupted power for maintenance and telecom needs. A particular use for the power generated will be for the maintenance practice known as "pig launching." This process, by which a solid plug, or "pig," is passed through a pipeline, facilitates cleaning, separates product, and measures the pipeline's wall thickness.
About the System
The two TelePrime (continuous-run) systems will utilize natural gas-fueled, reciprocating engines. Also included in the systems will be Northern Power's state-of-the-art Programmable Logic Controller-based controllers, providing complete electrical and environmental system control, as well as a communications interface for remote monitoring and control. The system is designed to handle larger-than-projected or high peak loads and to be flexible enough to handle evolving application requirements.
Responsible for the design, fabrication and testing of the systems, Northern Power plans to complete manufacturing at its new 100,000 sq. foot facility in Barre, Vermont; the first system will ship to Russia by mid-March 2006.
About the Pipeline
The Sakhalin-II Pipeline, which runs the length of Sakhalin Island, is owned and operated by Sakhalin Energy Investment Corp (SEIC). It is currently the largest integrated oil and gas project in the world. The system transports oil and gas from offshore oil fields northeast of Sakhalin Island through two separate parallel pipelines to the southern end of the island. Oil is then loaded on tankers and natural gas is liquefied at an onshore liquid natural gas (LNG) facility and loaded on LNG tankers.
The pipeline route crosses many active and inactive faults, and the SEIC has gone to great effort to ensure safety of the pipeline and the environment. Such careful attention to safety means that power reliability for maintenance and communications is extremely crucial.
"The project allows us to again tackle the environmental and logistical challenges attendant with modern energy infrastructure applications," said Michael Brennan, Vice President for Northern Power's Industrial Infrastructure Group. Mr. Brennan added, "With the Sakhalin-II project, Northern Power is now providing systems for five of the largest new pipeline projects in the world."
Darren Jamison, Chief Operating Officer at Northern Power stated, "Our continued growth in remote power systems is due in part to the rise in global oil prices, which is spurring new oil and gas projects. We will continue to work hard to be at the forefront, providing reliable and innovative, real-world distributed generation solutions."
About Northern Power Systems, Inc.
Northern Power Systems, Inc. designs, builds and installs reliable power solutions for commercial, industrial, government, and military customers. The company also conducts research and development in the areas of renewable energy, distributed generation and hydrogen technology. Since its founding in 1974, Northern has installed over 900 systems in 50 countries on all seven continents. Northern Power Systems, Inc. is headquartered in Waitsfield, Vermont with field offices in the New York metropolitan area and San Francisco. The company employs 180 people with turnkey design, engineering, construction, and customer-support capabilities. Northern Power Systems is a wholly owned operating unit of Distributed Energy Systems Corp. For more information, visit www.northernpower.com.
About Distributed Energy Systems Corp.
Distributed Energy Systems Corp. (Nasdaq: DESC) creates and delivers products and solutions to the emerging decentralized energy marketplace, giving users greater control over their energy cost, quality, and reliability. As the parent company of Proton Energy Systems, Inc. (www.protonenergy.com) and Northern Power Systems, Inc., Distributed Energy Systems delivers a combination of practical, ready-today energy solutions and the solid business platforms for capitalizing on the changing energy landscape. For more information, visit www.distributed-energy.com.
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, including statements concerning the manufacture and performance of the on-site power system described above, may be deemed to be forward-looking information. Without limiting the foregoing, words such as "anticipates", "believes", "could", "estimate", "expect", "intend", "may", "might", "should", "will", and "would" and other forms of these words or similar words are intended to identify forward-looking information. Northern Power's and Distributed Energy's actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors. Northern Power Systems and Distributed Energy each disclaim any obligation to update these forward-looking statements.
Factors that could cause results to differ materially from those contained in Northern's and Distributed Energy's forward-looking statements include, but are not limited to, failure of our products and systems to perform as specified or achieve commercial acceptance, the impact of competitive products and systems, and other factors detailed in Distributed Energy's Form 10-Q for the quarter ended June 30, 2005, and other filings Distributed Energy may make from time to time with the SEC.
500-Mile Russian Oil Pipeline Project Selects Northern Power for Critical Systems
PR Newswire - August 25, 2005 16:39
Company's TelePrime(TM) Systems to Supply Power for Maintenance and Telecom Needs
WAITSFIELD, Vt., Aug 25, 2005 /PRNewswire-FirstCall via COMTEX/ -- Northern Power Systems, a subsidiary of Distributed Energy Systems Corp (Nasdaq: DESC), announced that it has been selected to provide two integrated power systems for the Sakhalin-II Pipeline project on Sakhalin Island in the Russian far east. The contract is valued at approximately $1.5 million, bringing Northern Power's total contractual involvement in Sakhalin oil and gas development projects to more than $6 million.
Northern Power will supply its TelePrime(TM) power systems to the 800-kilometer (approximately 500-mile) pipeline to provide reliable, uninterrupted power for maintenance and telecom needs. A particular use for the power generated will be for the maintenance practice known as "pig launching." This process, by which a solid plug, or "pig," is passed through a pipeline, facilitates cleaning, separates product, and measures the pipeline's wall thickness.
About the System
The two TelePrime (continuous-run) systems will utilize natural gas-fueled, reciprocating engines. Also included in the systems will be Northern Power's state-of-the-art Programmable Logic Controller-based controllers, providing complete electrical and environmental system control, as well as a communications interface for remote monitoring and control. The system is designed to handle larger-than-projected or high peak loads and to be flexible enough to handle evolving application requirements.
Responsible for the design, fabrication and testing of the systems, Northern Power plans to complete manufacturing at its new 100,000 sq. foot facility in Barre, Vermont; the first system will ship to Russia by mid-March 2006.
About the Pipeline
The Sakhalin-II Pipeline, which runs the length of Sakhalin Island, is owned and operated by Sakhalin Energy Investment Corp (SEIC). It is currently the largest integrated oil and gas project in the world. The system transports oil and gas from offshore oil fields northeast of Sakhalin Island through two separate parallel pipelines to the southern end of the island. Oil is then loaded on tankers and natural gas is liquefied at an onshore liquid natural gas (LNG) facility and loaded on LNG tankers.
The pipeline route crosses many active and inactive faults, and the SEIC has gone to great effort to ensure safety of the pipeline and the environment. Such careful attention to safety means that power reliability for maintenance and communications is extremely crucial.
"The project allows us to again tackle the environmental and logistical challenges attendant with modern energy infrastructure applications," said Michael Brennan, Vice President for Northern Power's Industrial Infrastructure Group. Mr. Brennan added, "With the Sakhalin-II project, Northern Power is now providing systems for five of the largest new pipeline projects in the world."
Darren Jamison, Chief Operating Officer at Northern Power stated, "Our continued growth in remote power systems is due in part to the rise in global oil prices, which is spurring new oil and gas projects. We will continue to work hard to be at the forefront, providing reliable and innovative, real-world distributed generation solutions."
About Northern Power Systems, Inc.
Northern Power Systems, Inc. designs, builds and installs reliable power solutions for commercial, industrial, government, and military customers. The company also conducts research and development in the areas of renewable energy, distributed generation and hydrogen technology. Since its founding in 1974, Northern has installed over 900 systems in 50 countries on all seven continents. Northern Power Systems, Inc. is headquartered in Waitsfield, Vermont with field offices in the New York metropolitan area and San Francisco. The company employs 180 people with turnkey design, engineering, construction, and customer-support capabilities. Northern Power Systems is a wholly owned operating unit of Distributed Energy Systems Corp. For more information, visit www.northernpower.com.
About Distributed Energy Systems Corp.
Distributed Energy Systems Corp. (Nasdaq: DESC) creates and delivers products and solutions to the emerging decentralized energy marketplace, giving users greater control over their energy cost, quality, and reliability. As the parent company of Proton Energy Systems, Inc. (www.protonenergy.com) and Northern Power Systems, Inc., Distributed Energy Systems delivers a combination of practical, ready-today energy solutions and the solid business platforms for capitalizing on the changing energy landscape. For more information, visit www.distributed-energy.com.
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, including statements concerning the manufacture and performance of the on-site power system described above, may be deemed to be forward-looking information. Without limiting the foregoing, words such as "anticipates", "believes", "could", "estimate", "expect", "intend", "may", "might", "should", "will", and "would" and other forms of these words or similar words are intended to identify forward-looking information. Northern Power's and Distributed Energy's actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors. Northern Power Systems and Distributed Energy each disclaim any obligation to update these forward-looking statements.
Factors that could cause results to differ materially from those contained in Northern's and Distributed Energy's forward-looking statements include, but are not limited to, failure of our products and systems to perform as specified or achieve commercial acceptance, the impact of competitive products and systems, and other factors detailed in Distributed Energy's Form 10-Q for the quarter ended June 30, 2005, and other filings Distributed Energy may make from time to time with the SEC.
دورة المؤشرنت للتحليل الفني
50 دينار كويتي