Shrouded & Ducted Wind Turbines
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Wind turbine company Vortec Energy is being wound up because its project is uneconomic, despite having raised $23 million in the past five years. . .
The announcement this week that Vortec is closing comes as no surprise to Windflow Technology chief executive, Geoff Henderson. Windflow Technology Ltd is raising $3 million to establish local manufacturing of its Windflow design.
The New Zealand Wind Energy Association newsletter gives some information about the status of the Vortec 7 project, reports Thomas Ackermann. . .
I was critical of the development of this wind turbine for several reasons: excessive hype, questionable sales of stock, and the aggressive style of the company’s promoter.
Attempt by Vortec to rebut their critics.
Since 1996 we have a “new” old, huge, new-fangled saurian, a device erected in New Zealand. . .
