Helix Wind, Corp. (HLXW.OB)

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Helix Wind, Corp.
1848 Commercial Street
San Diego, CA 92113
United States - Map
Phone: 619-501-3932
Fax: 619-330-2628
Web Site: HELIX WIND

DETAILS
Index Membership: N/A
Sector: Industrial Goods
Industry: Diversified Machinery
Full Time Employees: NaN


BUSINESS SUMMARY
Helix Wind, Corp. engages in the development, manufacture, and sale of small wind turbines. The company offers distributed power technology platform designed to produce electric energy from the wind. It serves residential, commercial, governmental, educational, industrial, and agricultural sectors, as well as developers, architects, and engineers. Helix Wind markets its products in Argentina, Uruguay, Paraguay, Chile, Brazil, Aruba, and the Antilles. It has a joint development agreement with CheckPoint Process Pumps & Systems to provide renewable energy solutions for the oil and gas production industry worldwide. The company is based in San Diego, California.

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Helix Wind has signed a definitive purchase agreement to acquire Venco Power, a Germany-based manufacturer of vertical axis small wind turbines, for $3.9 million in cash and common stock, the company announced Thursday.

With Venco comes greater access to the small wind residential market in Europe, along with three new products the company plans to add to its small wind product line, according to Helix Wind CEO Ian Gardner.


While all three models are for the small wind market, each has a distinctive look and different capacities. The Venco Twister 300-T produces power at wind speeds as low as 3.5 meters per second (7.8 mph); it starts rotating at 3.0 meters per second, and its claim to fame is that it's "virtually quiet." The Twister 1000-T makes the same noise and power claims as the 300-T, but has a different look and begins to start rotating at a wind speed of 1.5 meters per second. The Vertikon H50 will begin generating power at speeds as low as 2.5 meters per second.

Venco also has an online calculator (for Java applet-friendly browsers) for estimating how much power one can expect each particular turbine product to generate. Potential customers input average wind speeds for each month of the year at their location, and can change which turbine the figures are applied to.

"We're also excited to bring German engineering talent and technology to the quest for alternative energy," Gardner said in a statement.

The news follows Helix Wind's August announcement offering a unique financial fix for the initial cash outlay that residential customers and dealers face when getting into wind power.

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SAN DIEGO--(BUSINESS WIRE)--Helix Wind Corp. (OTCBB: HLXW - News) reported today that in an independent field test, its model S594 small wind turbine installed since March at a test site owned by PFG Green Energy is producing energy output within 90% of the company’s predicted performance. PFG Green is a Helix distributor near Cedar Falls, IA.

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{"s" : "hlxw.ob","k" : "c10,l10,p20,t10","o" : "","j" : ""} Overstated claims by manufacturers have long been a problem for small wind customers. An April, 2008 small wind study by the Cadmus Group in Massachusetts found that on average energy generation in the field was being overestimated by a factor of three to four. As the industry moves toward standardized reporting and testing, Helix is helping lead the way through its own program of production verification.

"The small-wind industry has grappled with the problem of grossly overstated output claims, this test demonstrates that Helix Wind turbines will produce what we say they will,” said Helix Wind CEO Ian Gardner. “What's more, innovations such as our Wind Turbine Monitoring System (WTMS) give the customer continuous, real-time feedback on system performance, underscoring the company’s commitment to transparency and accountability."

The independent evaluation was conducted by Paper Clip Engineering, a San Diego-based electrical engineering and power electronics consulting firm. During the test, Helix Wind’s proprietary Wind Turbine Monitoring System monitored and recorded the unit’s energy output as well as the local electrical grid and wind conditions.

"This independent field test is proof that our small wind turbines will live up to the specifications that our customers and investors have been promised.”

To optimize the power electronics and configuration of the S594 model turbine, Helix Wind worked closely with the engineering staff of Abundant Renewable Energy (ARE), Newberg, OR, with which the company signed a definitive purchase agreement last month. Additional power electronics enhancements under development are expected to improve output even more in the near future.

“This successful collaborative effort with ARE demonstrates the value of its engineering staff and synergies with Helix Wind,” Gardner added.

About Helix Wind Corp:

Helix Wind Corp., a global renewable energy company, is engaged in the design, manufacturing and sale of small wind vertical axis turbine designed to generate 300W, 1kW, 2.0kW, 4.0kW, and 50kW of clean, renewable electricity. Additional information can be found at HELIX WIND

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SAN DIEGO--(BUSINESS WIRE)--Helix Wind Corp. (OTCBB: HLXW - News),

a global renewable energy company, is pleased to be a sponsor of the Zero Energy Idea House (ZEH) project. ZEH is holding its ribbon-cutting ceremony at 11 am PDT on Thursday, October 15, at 840 West Lake Sammamish Parkway, SE, Bellevue, WA.

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The 1,630-square-foot home is a demonstration model that combines energy generation and conservation building materials, including a roof garden, to slash monthly energy bills. Helix Wind’s model S322 small wind turbine, a renewable energy system for residential and other verticals, combined with the company’s proprietary Wind Turbine Monitoring System (WTMS) are an integral part of the house’s renewable energy platform.

Scott Weinbrandt, chairman and president of Helix Wind, said, “The Zero Energy Idea House proves that Americans can live comfortably with renewable energy in a well-designed house. Helix Wind is pleased with this opportunity to demonstrate just how well our small wind turbine can perform in powering a residential home. In addition, our WTMS will be delivering real-time data on the turbine’s performance to the homeowner’s own computer, showcasing the accountability and transparency of our small wind systems.”

The Helix S322, which sells for $7,500, provides smooth power delivery across a broad range of wind speeds and under the most difficult of physical environments. Simple to install, modular and scalable, the S322 is ideally suited for urban environments and off-grid locations. It is built to endure and be captivating to the eye.

To cope with the unusual climactic conditions of the Puget Sound Basin, the Zero Energy Idea House uses both the Helix Wind S322 turbine and extensive solar panels to provide energy. Architect David Clinkston of Clinkston Brunner, the firm that designed the house, said “Historically, the Pacific Northwest has much wind and little sun during the winter months. The ZEH house will enjoy a good symbiosis between the two renewable energy systems.”

Consumer interest in the Zero Energy House has been intense, according to ZEH builder and homeowner Donna Shirey, president of Shirey Contracting, Inc. Starting on October 17, local volunteer docents will conduct tours every two hours, every weekend for the next month, as well as scheduled tours for larger groups during the week. In addition, 425 Magazine is preparing an article about the house’s energy saving features for its Jan/Feb 2010 issue.

About Helix: Helix Wind Corp., a global renewable energy company, is engaged in the design, manufacturing and sale of small wind vertical axis turbine designed to generate 300W, 1kW, 2.0kW, 2.5kW, 4.5kW, 10kW and 50kW of clean, renewable electricity. Additional information can be found at HELIX WIND

Helix Wind Turbine and Monitoring System to Power Groundbreaking "Zero Energy" House, Bellevue, WA - Yahoo! Finance