Question 1

A few: 1) The video indicates that the orientation of the array can adapt to wind direction (very important), but it's unclear how. 2) You throw out stuff about a "square cube law" but what I really expected are two plots: for a given wind speed i) Power vs. size: How many wat...

Accepted Answer

Hi Peter, thanks for your interest with our technology. If you haven't already done so, I suggest you download the 3 documents at the bottom of our main page, they might answer some of your questions. 1) For the offshore application, the platform has a turret at the point opposite the turbines. Then wind drag forces the platform to self align with wind (the turret is connected to sea bed by the mooring system). It is a proven design. Onshore machines feature a classic active yawing system. 2)...

Question 2

Are the impressive comparison numbers per electricity (Watt) generated? And are you comparing same size (size in Watts) wind turbines? (I mean the comparison numbers to conventional wind turbines, e.g. "50% less CapEx")

Accepted Answer

Hi Andreas, thanks for your interest into our project and technology. 1) yes, the 50% reduction in LCOE refers to the average cost per kw.h generated per our turbine compared with a conventional single rotor turbine in the same wind conditions. 2) Yes we are comparing the same overall size, for instance a 10MW Multiturbine with a conventional single rotor 10MW wind turbine, with the same total swept area and rated power. We explain the rationales behind these figures into the file "LCOE compa...

Question 3

2 questions - 1) How did you arrive at the valuation of 32/27.2M USD for WeFunder. Any valuation techniques or model used. 2) How about the competition. I do see there are some funded startups in Europe and possibly other places offering similar product. How far ahead or behin...

Accepted Answer

Hi Naresh, thanks for your interest into our project and technology. 1) To determine the pre-money valuation of Multiturbine we have used the services of the US company GIA (gia.institute) They used standard VC methods who comply with IPEV (International Private Equity Valuation) Guidelines. These methods and their respective weight are: Scorecard method - 20% Berkus checklist method - 30% Risk summation method - 30% VC method - 20% After computation GIA determined a total pre-money valuation...

Question 4

1. The idea of multi turbines seems to be old (according Innwind EU). I'm curious if there's been previous academic or commercial research on this topic. Since the bottleneck is the size of turbines, and along with it the cost, why are we looking at multi-turbines only at the ...

Accepted Answer

Hi Damodar Dahal, thanks for your interest into our project and technology. You are right the multi-rotors idea is very old. Old, established industries are generally very conservative, and for very good reasons: - proprietary markets - patents - existing & specific production tool - specifically skilled and efficient R&D departments - specific supply chain etc… Wind turbine industry is not an exception, they are highly specialized to well design – manufacture – transport – install hu...

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