Wind technology game-changer snags another $15 million
Summary: By using magnets instead of conventional generators, Danotek helps build lighter turbines that are more efficient at lower wind speeds.
Making wind turbine technology more efficient -- at any wind speed -- is the holy grail for the industry. So it is easy to see why Danotek, a start-up that uses magnets rather than traditional generations to harness wind power, has captured the attention of four prominent cleantech investors. That group -- Khosla Ventures, CMEA Capital, GE Energy Financial Services and Statoil Technology -- have put up $15 million to help Danotek scale up its production. The new gust of funding brings Danotek's total money raised so far to $41 million.
According to the investors, the reason that Danotek's technology is interesting is because it is lighter than traditional options, potentially can last longer because it has no moving parts, and can generate energy in even low wind conditions. The company already has orders of $50 million for the technology, which could help save up to $1 million per turbine over its lifespan on a typical wind farm.
Said Danotek President and CEO Don Naab:
"We are already contracted with some of the wind industry's leading turbine manufacturers, with our first systems going up-tower later this year, and we're engaged in multiple negotiations with several other globally recognized turbine manufacturers. Danotek is on track and well positioned for success."
Related wind technology stories:
- 5 small wind technology players angling for mainstream attention
- Wind power gets big vote of confidence (and some dough) from Google
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Talkback
RE: Wind technology game-changer snags another $15 million
RE: Wind technology game-changer snags another $15 million
RE: Wind technology game-changer snags another $15 million
quote"potentially can last longer because it has no moving parts,"
RE: Wind technology game-changer snags another $15 million
We already know what the article says. The point is, the article is wrong. There are two ways we can tell this. One, we can bring up the original press release on the company's site and see that the phrase "no moving parts" never appears, and Two, we can know enough physics to predict that turning wind into electricity is going to involve at least one part that is moved by the wind.
RE: Wind technology game-changer snags another $15 million
2. ALL generators use magnets.
3. Danotek uses PERMANENT magnets instead of electromagnets.
Perhaps a quick visit to Wikipedia and the Danotek site would be in order prior to penning a technical article.
RE: Wind technology game-changer snags another $15 million
Perhaps a reality check on Wikipedia before offering them up as a legitimate resource?
RE: Wind technology game-changer snags another $15 million
RE: Wind technology game-changer snags another $15 million
LOL... citing Wikipedia on the credibility of Wikipedia, eh?
Bravo.
RE: Wind technology game-changer snags another $15 million
RE: Wind technology game-changer snags another $15 million
RE: Wind technology game-changer snags another $15 million
RE: Wind technology game-changer snags another $15 million
None of which changes the fact that wind is unreliable,
RE: Wind technology game-changer snags another $15 million
RE: Wind technology game-changer snags another $15 million
RE: Wind technology game-changer snags another $15 million
... and while rationalcenter was presumably exaggerating the effects of increased CO2 in our atmosphere on humans, the points he made about other harmful toxins, pollution and land usage are no less valid, yet were completely ignored by yourself.
Do we even need to compare the damage caused by wind turbines, to the ravages of oil, coal and nuclear?
coal, oil, nuclear
*************
Pros: jobs, we're used to it, lots of money!!!
Cons: finite resource, costly, destructive to the immediate and overall environment, loss of human life, ukraine and japan!
wind turbines
***********
Pros: easy, renewable energy source
Cons: some birds got chopped up