MANASSAS, VA, March 15 /CNW/ -- - The Vindicator® Laser Wind Sensor generated greater than 20% increased energy output by better aligning a turbine with the wind - MANASSAS, VA, March 15 /CNW/ - Catch the Wind Ltd. (TSX-V: CTW) today delivered a summary report of data collected to date from its Vindicator® Laser Wind Sensor (LWS) field trials and customer evaluation programs at the European Wind Energy Association 2011 Annual Event in Brussels, Belgium.  Specific energy output data collected over a span of 11 months indicated that the Vindicator® LWS consistently generated 14% increased energy output as compared to periods when the legacy wind direction inputs were utilized, with optimization experiments showing increased energy output in excess of 20%.  "We are extremely pleased by the results of our customer trial programs," said Phil Rogers, President and CEO of Catch the Wind. "The data clearly show that by better aligning turbines with the wind, the Vindicator® LWS system's look-ahead measurement and turbine control capabilities deliver significant energy output benefits that are unmatched in the industry." Mr. Rogers added, "Given the economics of typical North American power purchase agreements, the Vindicator will deliver payback on investment within 12 to 24( )months depending on turbine size, and help wind farm owners and operators maximize their revenue and profit potential." Key highlights of the summary report presented at the EWEA 2011 Annual Event: -- The Vindicator® LWS was installed on five turbines ranging in size from 1.3 MW to more than 2.0 MW. -- In one field trial, the Vindicator® LWS generated an average energy output increase of 14% on a 1.65 MW turbine over 11 months. -- Using a more optimized control algorithm, the Vindicator® LWS generated an energy output increase of greater than 20% on the same 1.65MW turbine. -- The Vindicator® LWS also generated an average energy output increase of 11.1% on a 1.3 MW turbine in a separate evaluation program. -- The increases in energy production were due to improved pointing accuracy and increased large scale wind gust detection resulting from wind direction inputs measured by the Vindicator® LWS system. -- Data measured by the Vindicator® LWS further demonstrated that turbines using traditional wind measurement systems typically experience RMS yaw errors in excess of 21 degrees. Mr. Rogers also said, "We believe that these latest results, which are consistent across a number of variables, including time, various turbine makes and models, and multiple geographic locations, will lead to follow-on orders from customers as the data indicates that the energy improvement performance trigger points under current customer contingent purchase agreements should be met or exceeded." Yaw control, which involves aligning a turbine's blades perpendicular to the oncoming wind, has traditionally been a reactive process using data inputs from wind vanes or sonic anemometers that are located to sense the wind after it has passed through the rotor blades. Conversely, Catch the Wind's Vindicator® LWS provides real-time wind speed and direction measurements at multiple, simultaneous points ahead of the turbine rotor, thus enabling a turbine to proactively orient itself into the oncoming wind for optimal energy capture and stress load reduction. A copy of the Update Report presented can be accessed from the Company's website, www.catchthewindinc.com  About Catch the Wind Ltd. Catch the Wind Ltd. is a high-growth technology company headquartered in Manassas, Virginia. The company was founded in 2008 to develop and manufacture the Vindicator(®) laser wind sensor. Catch the Wind serves the commercial market sector for laser based wind sensor systems, recognized as the "gold standard" in wind measurement. The company is focused on becoming a major contributor in making clean, renewable wind energy more affordable and profitable. For more information, visit www.catchthewindinc.com. Forward-Looking Information This news release includes certain forward-looking statements within the meaning of Canadian securities laws. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed in such forward-looking statements. Forward-looking statements in this news release, include, but are not limited to, economic performance and future plans and objectives of Catch the Wind. Any number of important factors could cause actual results to differ materially from these forward-looking statements as well as future results. Although Catch the Wind believes that the assumptions and factors used in making the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed timeframes or at all. Catch the Wind disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2011/15/c2844.html pbFor more information, please contact/b:/p table border="0" valign="top"trtdCatch the Wind Ltd.     br/ Claudia Jaques     br/ Vice President and General Counsel   br/ 703-393-0754      br/ a href="mailto:cjaques@catchthewindinc.com"cjaques@catchthewindinc.com/a    /td td /td td /td td /td td /td td /td td /td td /td td /td td /td td /td tdTMX Equicombr/ Joe Racanellibr/ Investor Relationsbr/ 416-815-0700 ext. 243br/ a href="mailto:jracanelli@equicomgroup.com"jracanelli@equicomgroup.com/a/td/tr/table

Copyright

Bluescout Technologies Ltd. (TSXV:CTW)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Bluescout Technologies Ltd. Charts.
Bluescout Technologies Ltd. (TSXV:CTW)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Bluescout Technologies Ltd. Charts.