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July 28, 2015 11:56 PM ET

Electrical Equipment

Company Overview of XZERES Corp.

Company Overview

XZERES Corp. designs, develops, and markets small wind turbine systems and related equipment for electrical power generation in the United States and internationally. It offers grid connected and off grid wind turbine systems that consist of 2.4 kilowatts (kW)and 10 kW devices and related equipment for electrical power generation applications and markets, such as residential, micro-grid based rural and island electrification, agricultural, small business, and rural electric utility systems, as well as other private, corporate infrastructure, and government applications. The company also provides power management solutions for commercial and light industrial applications; and manufactures and...

9025 SW Hillman Court

Suite 3126

Wilsonville, OR 97070

United States

Founded in 1984

42 Employees





Key Executives for XZERES Corp.

Chief Executive Officer and Director
Age: 43
Total Annual Compensation: $60.0K
Age: 62
Total Annual Compensation: $210.0K
Chief Financial Officer
Age: 54
Total Annual Compensation: $62.3K
Executive Vice President of Engineering/Production
Total Annual Compensation: $210.0K
Compensation as of Fiscal Year 2015.

XZERES Corp. Key Developments

XZERES Corp. announced delayed annual 10-K filing

On 05/29/2015, XZERES Corp. announced that they will be unable to file their next 10-K by the deadline required by the SEC.

Steve Shum Resigns as Director and Officer of XZERES Corp

Effective April 3, 2015, Steve Shum resigned as Director and officer of XZERES Corp.

XZERES Corp. Receives Orders for More Than 100 Systems of its Class NK Certified 10kW Small Wind Turbine in Japan

XZERES Corp. has received orders for more than 100 systems of its Class NK certified 10kW small wind turbine in Japan. The orders are comprised of direct purchases as well as projects financed by the company's strategic partner, Gale Force Infrastructure Fund, in conjunction with in country strategic wind project developers. Gale Force anticipates this to be the beginning of significant build-out of small wind farms throughout Japan. Upon shipment, the orders are expected to generate over $7 million in revenue. The company anticipates these orders will be fulfilled within the next six months dependent on the exact customer deployment schedules.

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