Tuesday, July 12, 2011

XZERES Corp. (XPWR) is “One to Watch”

XZERES Corp. is focused on designing, developing, manufacturing and marketing distributed generation, wind power systems for the alternative energy market. The company’s grid connected and off grid wind turbine systems are utilized for micro-grid based rural electrification, agricultural purposes, small business, rural electric utility systems, as well as other private, corporate infrastructure and government applications.

The company’s product portfolio currently includes 2.5 kW and 10 kW rated power systems, with additional larger systems in development. Comprised of a wind turbine, power electronics, towers, and auxiliary components, each system provides a complete solution featuring high efficiency design with reduced service and maintenance cost; easy installation with superior performance; and the ability to capture maximum benefits of a wide variety of wind conditions.

XZERES leverages a system integrator business model combined with service-centric vertical integration to provide complete solutions. In addition to designing, developing, manufacturing, testing, assembling and marketing its systems, the company provides site assessment, customer financing, assistance with government-based financial incentives and local permitting, application engineering, installation, support and maintenance.

For the most recently reported fiscal period, XZERES announced a 38% sequential increase in quarterly revenues. The company plans to aggressively expand sales and marketing efforts domestically and internationally, as well as enlarge its current product line, for further growth. Leading the industry with an array of exceptional products and services, XZERES is well positioned to capitalize on the growing renewable energy market.

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