| Venture capital to be invested in vertical axis wind turbine |
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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. |
Save Earth Fund invests in renewable energy, environmental technology and water management through actively managed funds, ETFs and stocks. The fund is the only of its kind in Sweden. Our aim is to generate a return that clearly exceeds that of the MSCI World index, with a lower than the average risk of environmental funds. No minimum investment. The management fee is 1%. Daily subscriptions/redemptions. Mr Carl Bernadotte, Mr Alexander Jansson and Mr Marcus Grimfors are responsible for managing the fund. Learn more about our managers here. |