Wind Turbine Maker Northern Power Picks Up $37M

Craig Rubens on September 29, 2008

As wind farm developments have soared in the U.S., turbine makers are finding they can barely keep up. Northern Power Systems said its parent company, Wind Power Holdings, has completed a $37 million round of financing to boost its turbine manufacturing business, led by RockPort Capital Partners and Allen & Company.

Barre, Vt.-based Northern Power says it plans to use the funding to not only scale up manufacturing of its small-scale 100 kilowatt Northwind 100 turbines but also accelerate development of a much larger 2.2 megawatt turbine which it plans to sell to industrial wind farm developers. Currently, the company says its Northwind turbine is available within a six-month lead time, a pretty quick turnaround considering that giants like GE are reporting a $12 mbillion backlog on wind turbine orders.
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XCalibre To Bring Utility Computing To Euro Web Startups

Om Malik on October 2, 2007

Amazon (AMZN), I have often pointed out, is a harbinger of technology trends that eventually gain mainstream acceptance. Contextual matching of information and community-powered feedback and ratings systems are two such examples.
Their recent foray into infraweb-services such as EC2 (processing on demand) and S3 (storage on demand) is helping to kick-start interest in “utility computing.” Entrepreneurs, in particular, are finding inspiration in the early success of Amazon Web Services (AWS).
Over the past month we saw the emergence of Nirvanix, a San Diego-based on-demand storage service provider that recently raised $12 million from Mission Ventures and Valhalla Partners, along with previous investors Windward Ventures. Rackspace is pushing its own version of a computing utility, Mosso.
Today, I got a chance to meet with executives from XCalibre Communications, a 10-year-old hosting provider based in Scotland that is going to launch its utility computing service at the Future of Web Apps conference in London.
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