Successful Qualifi cation of HTS Coils for Wind Power Generators Commercial Collaboration Update
Following on from the qualifi cation of the Group‘s coils, Converteam has placed a further commercial order to Zenergy worth in excess of €600,000.
As announced on the 12th of March 2007, the Group and Converteam, have entered into a fi ve-year exclusive co-operation agreement to jointly develop, manufacture, market and sell a range of compact, lightweight and highest effi ciency power generators into the global wind and small hydropower markets.
It is anticipated that the lightweight HTS generators incorporating the Group’s core technology will be capable of achieving a 25% reduction in cost of the production of offshore wind power energy. The successful technical evaluation of the Group‘s HTS coils for use in wind power generators represents a signifi cant de-risking of the Group‘s technical proposition and is a key step towards realising the commercial goals of both Zenergy and Converteam within the wind power markets.
Derek Grieve, Technical Director, Converteam Ltd, commented: “We are delighted with our technical team’s progress in adopting Zenergy‘s HTS components into our wind power program. The technical performance of Zenergy‘s components in real world scenario testing demonstrates the success that Zenergy has enjoyed in taking HTS science and producing industrial grade components. The performance of Zenergy‘s HTS components exceeded all of our technical requirements and we very much look forward to producing a range of prototype solutions for evaluation by our industrial customers within the renewable power generation markets.‘
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