Netherland Investment Company to Manufacture and Distribute SheerWind Technology

MINNEAPOLIS, Jan. 4, 2016 /PRNewswire/ -- SheerWind, a Minnesota USA based wind-power innovator, has signed a licensing agreement with Reikon Beheer, a diverse investment company that will allow SheerWind's INVELOX(™) wind-power generating systems to be marketed and deployed in the Netherlands.

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The agreement is SheerWind's second in Europe and fifth globally allowing its technology to further expand worldwide. Reikon Beheer is introducing SheerWind's technology under the name NedPower SWH to customers in the Netherlands and expects its first pilot project to be under construction in the first quarter of 2016.

SheerWind's technology is a cost-effective, high-performance alternative to conventional wind technology. By capturing, concentrating, accelerating, and harvesting wind power in a funnel system called INVELOX (for INcreased VELocity). Its multi-patented INVELOX technology turns traditional wind power systems upside down by first using a funnel to collect wind, channeling that wind to increase its speed, and then delivering it efficiently to multiple turbines safely covered on the ground. This means wind energy can be produced from record low wind speeds of 2 meters per second in locations close to the end user—even on rooftops in urban areas—eliminating complex power and grid systems. Shrinking the size of the turbine blades, eliminating complex systems, and harvesting at ground level all equate to cost savings, environmental safety, and profitable output.

While the Senate in the Netherlands recently stalled progress on a 3.5 GW offshore wind plan,
NedPower SWH is working to bring wind power generation to city rooftops, allowing wind power production close to the end user eliminating the vast expense involved in grid system connections for offshore power generation.

"The Netherlands has a long history with wind technology, but is behind schedule to reach the goal of 14% renewable energy by 2020. I believe that INVELOX is THE solution to make this impossible goal possible," said Huibert Uittenbogaard, the CEO of NedPower SWH. "As we have with our other companies, we look forward to providing a needed solution for our country while providing new opportunities for our communities."

"It has been a pleasure working with Huibert and his team," said Steve Faber, CSO of SheerWind "Their business track record is outstanding. We look forward to working with NedPower SWH to strategically install INVELOX systems to change the landscape of renewable energy in the Netherlands."

About SheerWind: Founded in 2010 in Chaska, MN, SheerWind is the developer & licensor of INVELOX wind funnel technology, an innovative wind power generation system that significantly outperforms traditional wind turbines. SheerWind is poised to turn wind power into a major power source for the globe. For more see: sheerwind or SW facebook 

Contact: Carla Scholz
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SOURCE SheerWind

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