At NuPower, we focus on all stages of the renewable energy space including early opportunities and existing projects. Our considerable project development experience allows us to quickly assess the risks and returns on which to base our recommendations or investment decisions.
Our track record of industry expertise, resources and collaboration has set us apart in this industry. We welcome advisory and/or investment opportunities with partners who share our vision.
SUSTAINABLE RENEWABLE ENERGY DEVELOPMENT
NuPower LLC is a leading sustainable power developer and investor. Our principals bring their industry experience and knowledge to all phases of project development, construction and energy operation. Through our subsidiaries, we are involved in a wide variety of sustainable power technologies including fuel cells, biomass, combined heat & power, energy storage, floating solar and district energy.
NuPower completed the development of the 37.5 MW Plainfield Renewable Project in Plainfield, CT. This $250 million project is one of the most advanced biomass gasification facilities in the United States and began operation in the fourth quarter of 2013. NuPower conceived and developed this project, and was instrumental in creating the enabling state policy and regulations supporting renewable energy generation.
Our company currently has a number of projects under development. The Bridgeport Thermal Energy Project is a district energy project which will serve the City of Bridgeport, CT. The project will utilize waste and low quality heat from a 10 MW co-gen unit to be constructed and existing power plants to create low temperature hot water, which is piped to system customers. The system is highly efficient and will reduce customer greenhouse gas emissions by 80 percent. The project utilizes advanced European technology and is supported by the CT Green Bank and the Danish Clean Energy Cluster. Final phase engineering is underway, with construction anticipated to begin in late 2018.
NuPower is co-developing a microgrid project in Bridgeport that will provide electricity and hot water to a 174 unit apartment project and a school in Bridgeport. The system will be powered by a Doosan 400 PureCell fuel cell. The project is anticipated to expand to provide energy for an additional 150 units and commercial space in 2020.
Other projects under development include four battery energy storage projects within the ISO New England service area. Each project is approximately 19 MWs and will provide frequency modulation services to the grid. A Nupower subsidiary is also collaborating with several water utilities to determine the feasibility of establishing floating storage systems on water reservoirs.