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Share Name | Share Symbol | Market | Type |
---|---|---|---|
CGE Energy Inc (CE) | USOTC:CGEI | OTCMarkets | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.000001 | 0.00 | 00:00:00 |
CGE Energy (currently trading as MKBY:OTCPink) is pleased to announce that it has received a Notice of Allowance for its patent application titled, “Fluid driven vertical axis turbine.” This patent includes multiple independent claims that cover many aspects of CGE Energy’s WIND-e20® vertical axis wind turbine, including its easy delivery, collapsible blades and crane-less installation.
“It has been a long patent process, especially when you are inventing technologies that will revolutionize the renewable energy sector,” said CGE Energy President and CEO Bryan Zaplitny.
The patent covers the unique hydraulic locking joints within the turbine’s segmented blades, which allow them to collapse flat against the rotor. As another claim in the patent, a hydraulic lifting and transport frame enables the turbine to be delivered on a flatbed truck and can lie flat for maintenance without the need of a crane. Conversely, traditional horizontal wind turbines are assembled after delivery and require costly cranes for installation and repair.
Collapsible blades not only ease delivery and maintenance, but also guarantee better security. WIND-e20® can automatically collapse its blades at the first sign of hurricane winds. This means it can survive in some of the windiest locations on the planet, including the Caribbean, where WIND-e20® technology will be used in the near future. Burtek Enterprises, a five-star military contractor, is CGE Energy’s strategic partner for the manufacturing of WIND-e20®.
View CGE Energy’s innovative process for WIND•e20® installation here: https://vimeo.com/115713224
For more information about CGE Energy, visit http://www.cgeenergy.com.
About CGE Energy
CGE Energy is a renewable energy and energy efficiency company headquartered in Brighton, Michigan. For more than 20 years, the company has provided energy solutions. Today the company serves customers in the U.S. and abroad, using energy efficient technologies that include Cree LED lighting, their patented WIND-e20® wind turbine and SolarWorld solar generation. As of their January 31st merger with McKenzie Bay International, CGE Energy is now a publicly traded company and will trade under the ticker symbol MKBY:OTCPink until FINRA approval. http://www.cgeenergy.com
Certain statements made in this release constitute forward-looking statements and do not guarantee future performance. Actual results or developments may differ materially from the projections in the forward-looking statements.
CGE EnergyPaul Schneider, 248-446-1344pschneider@cgeenergy.com
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