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MANASSAS, VA, March 15 /CNW/ --
- The Vindicator® Laser Wind Sensor generated greater than 20% increased
energy output by better aligning a turbine with the wind -
MANASSAS, VA, March 15 /CNW/ - Catch the Wind Ltd. (TSX-V: CTW) today
delivered a summary report of data collected to date from its
Vindicator® Laser Wind Sensor (LWS) field trials and customer
evaluation programs at the European Wind Energy Association 2011 Annual
Event in Brussels, Belgium.
Specific energy output data collected over a span of 11 months indicated
that the Vindicator® LWS consistently generated 14% increased energy
output as compared to periods when the legacy wind direction inputs
were utilized, with optimization experiments showing increased energy
output in excess of 20%.
"We are extremely pleased by the results of our customer trial
programs," said Phil Rogers, President and CEO of Catch the Wind. "The
data clearly show that by better aligning turbines with the wind, the
Vindicator® LWS system's look-ahead measurement and turbine control
capabilities deliver significant energy output benefits that are
unmatched in the industry."
Mr. Rogers added, "Given the economics of typical North American power
purchase agreements, the Vindicator will deliver payback on investment
within 12 to 24( )months depending on turbine size, and help wind farm owners and
operators maximize their revenue and profit potential."
Key highlights of the summary report presented at the EWEA 2011 Annual
Event:
-- The Vindicator® LWS was installed on five turbines ranging in
size from 1.3 MW to more than 2.0 MW.
-- In one field trial, the Vindicator® LWS generated an average
energy output increase of 14% on a 1.65 MW turbine over 11
months.
-- Using a more optimized control algorithm, the Vindicator® LWS
generated an energy output increase of greater than 20% on the
same 1.65MW turbine.
-- The Vindicator® LWS also generated an average energy output
increase of 11.1% on a 1.3 MW turbine in a separate evaluation
program.
-- The increases in energy production were due to improved
pointing accuracy and increased large scale wind gust detection
resulting from wind direction inputs measured by the
Vindicator® LWS system.
-- Data measured by the Vindicator® LWS further demonstrated that
turbines using traditional wind measurement systems typically
experience RMS yaw errors in excess of 21 degrees.
Mr. Rogers also said, "We believe that these latest results, which are
consistent across a number of variables, including time, various
turbine makes and models, and multiple geographic locations, will lead
to follow-on orders from customers as the data indicates that the
energy improvement performance trigger points under current customer
contingent purchase agreements should be met or exceeded."
Yaw control, which involves aligning a turbine's blades perpendicular to
the oncoming wind, has traditionally been a reactive process using data
inputs from wind vanes or sonic anemometers that are located to sense
the wind after it has passed through the rotor blades. Conversely,
Catch the Wind's Vindicator® LWS provides real-time wind speed and
direction measurements at multiple, simultaneous points ahead of the
turbine rotor, thus enabling a turbine to proactively orient itself
into the oncoming wind for optimal energy capture and stress load
reduction.
A copy of the Update Report presented can be accessed from the Company's
website, www.catchthewindinc.com
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(®) 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.
To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/March2011/15/c2844.html
pbFor more information, please contact/b:/p table border="0" valign="top"trtdCatch the Wind Ltd. br/ Claudia Jaques br/ Vice President and General Counsel br/ 703-393-0754 br/ a href="mailto:cjaques@catchthewindinc.com"cjaques@catchthewindinc.com/a /td td /td td /td td /td td /td td /td td /td td /td td /td td /td td /td tdTMX Equicombr/ Joe Racanellibr/ Investor Relationsbr/ 416-815-0700 ext. 243br/ a href="mailto:jracanelli@equicomgroup.com"jracanelli@equicomgroup.com/a/td/tr/table