Queen Creek, AZ.—WINDPOWER INNOVATIONS, INC., (http://www.windpowerinnovationsinc.com/) (PINK SHEETS: WPNV) a wind power infrastructure and smart grid solutions company, today announced it has signed a Letter of Intent with Wind Sail Receptor, Inc. to produce new, highly efficient, technologically advanced, next generation wind turbines.
The two companies intend to establish a “Strategic Alliance” with which WindPower Innovations will provide wind turbine generators and electronic components to Wind Sail Receptor. The terms, pricing and specifications will be mutually agreed upon in a more formal agreement to follow.
“WindPower Innovations is pleased to be aligning with Wind Sail Receptor to offer what we strongly feel will be the next generation of reliably efficient, state of the art wind turbines,” says John Myers, President and CEO of WindPower Innovations, Inc. “After visiting Wind Sail Receptors’ facilities in Boulder City, Nevada, and viewing their wind turbine blade demonstration, it was clear that Wind Sail Receptors’ technologically advanced design and our permanent magnet generators and electronics is a perfect fit. The concept is brilliant and we are excited to be able to be part of the project.”
Ian Griffiths, Chief Technical Officer of WindPower Innovations, goes on to add, “The new generation of wind turbine will pay off with increased efficiencies as a result of Wind Sail Receptors’ innovative and technologically advanced blade design, coupled with permanent magnet generators, electronics and grid-tie inverter from WindPower Innovations. The Permanent Magnet generators and a grid-tie inverter can now produce a constant 60Hz ac power over a wider band of operation than traditional wind turbines, from 20 to 125% of rated power, with a unity factor of 1.0 (“Unity”) . Conventional wind turbines only have one or two power synchronization peaks (±5%) that can produce the 60Hz ac required by the grid. We are sincerely delighted with this alliance.”
Since its inception, Wind Sail Receptor, Inc. has been working to invent wind-energy systems that redefine conventional wisdom about wind-capturing energy technology. For more information please visit www.windsailreceptor.com and view the video below with an introduction with CEO Richard Steinke:
WindPower Innovations, Inc. is a wind power infrastructure and smart grid solutions company that is continually working on new innovations for wind turbines, wind energy generation and transmissions, in addition to the comprehensive maintenance, repair and re-manufacture of existing equipment.
FORWARD LOOKING STATEMENTS: Certain statements in this release and other written or oral statements made by or on behalf of the Company are “forward looking statements” within the meaning of the federal securities laws. Statements regarding future events and developments and our future performance, as well as management’s expectations, beliefs, plans, estimates or projections relating to them are forward-looking statements within the meaning of these laws. The forward looking statements are subject to a number of risks and uncertainties including market acceptance of the company’s services and projects and the company’s continued access to capital and other risks and uncertainties. The actual results the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. These statements are based on our current expectations and speak only as of the date of such statements.
CONTACT:
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Investor Relations
Don Griffin
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