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Venture capital to be invested in vertical axis wind turbine
2008-09-02 09:27:27

The german company quietrevolution is receiving a capital injection to the value of £7m GBP. RWE Innogy GmbH based in Essen, Germany and part of the RWE Group has invested £6m and £1m has come from private investors.The 6kW qr5 triple-helix-shaped wind turbines are five metres high and just over three metres wide. The turbines are vertical in orientation and generate electric power by turning around their own axis. They are especially suited for local energy production in built-up areas and can be installed either on buildings or as a standalone turbine.
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