MANUFACTURER OF VERTICAL AXIS TURBINES COMPETES FOR LOW WIND MARKETS
Helix Wind is negotiating the manufacture and sale of VENCO turbines to expand its portfolio into low wind speed markets in the Americas, Africa, Middle East, and South East Asia.
Posted: July 2, 2010
Helix Wind, Corp. (San Diego, CA), a global renewable energy company announced that it is in negotiations with VENCO Power GmbH of Germany to license VENCO's Vertical Axis Wind Turbines (VAWT). One of many benefits this licensing agreement is expected to provide to Helix is the ability to offer a low wind speed vertical technology to address this market space.
The agreement would provide Helix Wind access to VENCO's product line to manufacture and sell by Helix through its distribution channel. Currently, Helix Wind expects the agreement to allow Helix to distribute VENCO products in the Americas, Africa, Middle East, and South East Asia. Other countries are expected to be negotiated on an as needed basis.
Scott Weinbrandt, chairman, CEO and president of Helix Wind said, "We are pleased to be working with VENCO to renew our relationship and add VENCO product solutions to the Helix Wind portfolio. VENCO's vertical technology wind turbines operate efficiently in low wind speeds, while Helix Wind turbines are known for their aesthetic appeal and performance in high wind regimes. Both vertical technologies compliment each other and provide a broad array of small turbine solutions from Helix to satisfy our customer's needs."
Although Helix Wind expects to enter into a licensing agreement with VENCO, it cannot provide any assurances that the licensing agreement will be completed. Helix Wind, Corp., a global renewable energy company is engaged in the design, manufacturing and sales of small wind vertical axis turbines designed to generate 300 W, 1 kW, 2.0 kW, and 4.5 kW of clean, renewable electricity.
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