CGE Energy (CGEI) Advances its WIND-e20 Vertical Axis Wind Turbine Technology
06 September 2019 - 11:03PM
InvestorsHub NewsWire
CGE Energy (CGEI) Advances its
WIND-e20 Vertical Axis Wind Turbine Technology
September 6, 2019 -- InvestorsHub NewsWire
-- CGE Energy, Inc. (OTCPink:
CGEI) is making advancements in multiple aspects of the
development of their WIND•e20®
vertical-axis wind turbine technology. The 105-foot
WIND•e20®
generates clean power on-site and can
be installed, maintained and removed without a crane, an
installation method considerably simplified versus others. The
turbine is quiet, safe for birds (supported by the Audubon Society
because it minimizes bird strikes), and its hydraulic blades
collapse before hurricanes (to then re-deploy to generate power,
when others may be in an outage)– all feats that differentiate the
technology.
CGE Energy has
received four U.S. patents as well as one European patent for the
WIND•e20®. These
independent patents cover many aspects of the technology, including
having a fluid driven turbine that generates power from wind
blowing from any direction, its generator and primary components
located in the base of the turbine, and hydraulic locking joints
within the turbine’s segmented blades, which allow them to collapse
flat against the rotor, as well as the turbine’s easy delivery
transport method.
With many
innovative features not yet fully disclosed,
WIND•e20® is poised to
be an integral part of the community, bringing positive impact to
communications, homeland security, life safety, protected energy
storage/backup, and first emergency response. These features will
provide additional recurring revenue streams for the company, in
addition to the sale of energy produced to the customer. Beyond
helping save the planet, these non-energy applications of
WIND•e20® might also
saves lives in one of the most dangerous job fields in
America.
Previously, a
working beta turbine has been installed and tested. Today, CGE
Energy’s strategic manufacturing partner for
WIND•e20® is Roush
Industries. The CGE and Roush teams are currently
working together to build 1/10th scale demonstration
units of the 105-foot production WIND•e20®. To facilitate pre-sales of the
production turbines, an innovative “opt-in” marketing strategy, in
which there is no cost to bring the turbine to a facility, will be
unveiled in the coming months. As a glimpse into the
building of the 1/10th scale demonstrators, interested
readers can view some of the engineered drawings here.
About CGE Energy,
Inc.
CGE Energy, Inc. makes it easy for businesses, local
governments, and non-profits to receive the benefits of sustainable
energy projects with no upfront cost. CGE hand-selects the very
best facilities to partner with and turns their wasted energy into
immediate and continuous savings for the customer. CGE’s
proprietary Sustain business model delivers an exclusive
combination of today’s best energy efficiency and sustainable
energy generation technologies, including CGE’s exclusive WIND•e20®
wind turbine. This integrated approach supports the vision behind
CGE’s “Power to Make a Difference” corporate
philosophy.
To learn more visit http://www.cgeenergy.com.
Press Release Contacts
Alpha IR Group
Robert Winters or Josh Littman
312-445-2870 CGEI@alpha-ir.com
CGE Energy, Inc.
Paul Schneider, VP Marketing
248-446-1344 pschneider@cgeenergy.com
Forward-Looking
Statements
This release may contain "forward-looking
statements" that are within the safe harbor provisions of the
Private Securities Litigation Reform Act of 1995. Forward-looking
statements are identified by certain words or phrases such as
"may", "will", "aim", "will likely result", "believe", "expect",
"will continue", "anticipate", "estimate", "intend", "plan",
"contemplate", "seek to", "future", "objective", "goal", "project",
"should", "will pursue" and similar expressions or variations of
such expressions. These forward-looking statements reflect the
Company's current expectations about its future plans and
performance. All forward-looking statements included in this
release are based on information available to us on the date hereof
and speak only as of the date hereof. We undertake no obligation to
update or revise publicly any forward-looking statements. Actual
results may differ materially from those projected in the
forward-looking statements.
CGE Energy (CE) (USOTC:CGEI)
Historical Stock Chart
From Nov 2024 to Dec 2024
CGE Energy (CE) (USOTC:CGEI)
Historical Stock Chart
From Dec 2023 to Dec 2024