Powercorp was formed in 1988 in Darwin, Australia, to automate the wide variety of diesel generator power stations in Northern Australia for the Power and Water Authority. This program encompassed some 80 communities and work has extended throughout Australia and internationally.

With the success of the automation program came the need to integrate renewable energy for fuel saving. This work and the demand side management capability of the control system led to advanced wind diesel systems in Western Australia for Western Power Corporation. With the winning of a Showcase grant from the Federal Government Powercorp pioneered high penetration wind diesel systems during the late 90’s.

The chief problem facing wind diesel systems and indeed any renewable energy fuel saving technology when connected to isolated grids is the instability caused on the grid by power surging. Such surges and frequent loss of power can be caused by wind gusts and lulls or cloud cover in the case of solar systems. It is not possible for conventional generators to cope with these power instability issues and blackouts usually result. Even when the wind flow is low the fluctuations in wind speed can cause unacceptable generator response called “hunting” which uses more fuel and can cause engine damage.

The grid stability issue is seen in many small grids and at the end of long distribution lines. In the mining sector large electrical equipment such as winders and crushers can cause power fluctuations much the same as seen from renewable plant.

Powercorp developed expertise in inverter technology with specialization in high speed bi- directional control to solve the grid instability problem. With these solutions now a commercial reality Powercorp stands as the most advanced high penetration renewable energy company in the world. This work is expanding to encompass mine sites and industrial complexes.

PowerStore the company’s flywheel inverter system can absorb and deliver power very fast to dampen all instability to maintain the grid specifications to utility standards.

The company is largely research engineering based with strong capability in electrical network stabilisation and generation plant control. It stands ready to serve any customer with grid instability problems or requiring high penetration renewable energy generation.

In 2007 Powercorp sold a major share holding of the group to energy ventures development company EP Global Energy Ltd (EPGE). EPGE is a member of the Paraskevaides Group of companies based in Cyprus which also owns a major share of the J&P International Contractors group one of the world's largest construction companies. The objective of the partnership with Powercorp is to develop, build, and operate strategic sustainable power generation sites around the world. This activity is centered on wind farm construction. Powercorp is well positioned to work with EPGE having built much of the wind farms currently operating in Australia. Present focus is in the middle east and eastern Europe.