Catch the Wind releases final results of trial program with Nebraska Public
Power District
Provides update on field trials with WEICan and Helimax
MANASSAS, VA,
"Our field trial with Nebraska Power further validated the capabilities of the Vindicator to improve the performance of a turbine through forward measurement of wind speed and direction," said
A technical report, which details the results of the field trial, and an economic valuation model, in which the financial return of the Vindicator(R) LWS is calculated, can be found at www.catchthewindinc.com.
As reported previously, Catch the Wind and NPPD agreed to a trial program to evaluate how using forward measurement of wind speed and direction can optimally align wind turbines with the approaching wind and reduce the off-axis stress loads on turbines. A beta production model of the Company's Vindicator(R) LWS unit was integrated with the control system of a working Vestas turbine located at NPPD's Ainsworth Wind Energy Facility located near Ainsworth, Nebraska. Results showing how the Vindicator(R) LWS reduced equipment stress loads were reported previously by Catch the Wind and SwanTech.
Update on other field trials
Catch the Wind also announced that it is continuing to collaborate with the Wind Energy Institute of
Catch the Wind has also received encouraging feedback from its field trial with Helimax Energy, Inc., an independent consulting firm specializing in utility-scale wind energy project development, and a group member of Germanischer Lloyd. The preliminary field trial with Helimax favorably demonstrated the correlation of wind speed and direction data captured by a beta version Vindicator(R) LWS with data measured by a meteorological tower at 85 meters above ground level on a site located in
"The Vindicator has the potential of delivering significant advantages to wind resource assessment," said Dariush Faghani, R&D Section Head of Helimax Energy. "The trial results have been encouraging, and we look forward to helping Catch the Wind develop a versatile wind resource assessment device that could provide high-quality data for the rapidly growing wind industry."
Catch the Wind is focused on making wind energy more profitable. The Company is commercializing new technology that is designed to improve the performance of a turbine through the effective forward measurement of the wind, resulting in more energy production and reduced maintenance costs, as well as to improve wind prospecting, wind assessment and grid management.
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(R) 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.
For further information: For further information: Catch the Wind Ltd., Claudia Jaques, Vice President and General Counsel, (703) 393-0754, [email protected]; The Equicom Group, Joe Racanelli, Investor Relations, (416) 815-0700 ext. 243, [email protected]
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