CATCH THE WIND PRESENTS FIELD TRIAL DATA AT EWEA ANNUAL EVENT
March 15 2011 - 4:30AM
PR Newswire (Canada)
MANASSAS, VA, March 15 /CNW/ -- - The Vindicator® Laser Wind Sensor
generated greater than 20% increased energy output by better
aligning a turbine with the wind - MANASSAS, VA, March 15 /CNW/ -
Catch the Wind Ltd. (TSX-V: CTW) today delivered a summary report
of data collected to date from its Vindicator® Laser Wind Sensor
(LWS) field trials and customer evaluation programs at the European
Wind Energy Association 2011 Annual Event in Brussels,
Belgium. Specific energy output data collected over a span of
11 months indicated that the Vindicator® LWS consistently generated
14% increased energy output as compared to periods when the legacy
wind direction inputs were utilized, with optimization experiments
showing increased energy output in excess of 20%. "We are
extremely pleased by the results of our customer trial programs,"
said Phil Rogers, President and CEO of Catch the Wind. "The data
clearly show that by better aligning turbines with the wind, the
Vindicator® LWS system's look-ahead measurement and turbine control
capabilities deliver significant energy output benefits that are
unmatched in the industry." Mr. Rogers added, "Given the economics
of typical North American power purchase agreements, the Vindicator
will deliver payback on investment within 12 to 24( )months
depending on turbine size, and help wind farm owners and operators
maximize their revenue and profit potential." Key highlights of the
summary report presented at the EWEA 2011 Annual Event: -- The
Vindicator® LWS was installed on five turbines ranging in size from
1.3 MW to more than 2.0 MW. -- In one field trial, the Vindicator®
LWS generated an average energy output increase of 14% on a 1.65 MW
turbine over 11 months. -- Using a more optimized control
algorithm, the Vindicator® LWS generated an energy output increase
of greater than 20% on the same 1.65MW turbine. -- The Vindicator®
LWS also generated an average energy output increase of 11.1% on a
1.3 MW turbine in a separate evaluation program. -- The increases
in energy production were due to improved pointing accuracy and
increased large scale wind gust detection resulting from wind
direction inputs measured by the Vindicator® LWS system. -- Data
measured by the Vindicator® LWS further demonstrated that turbines
using traditional wind measurement systems typically experience RMS
yaw errors in excess of 21 degrees. Mr. Rogers also said, "We
believe that these latest results, which are consistent across a
number of variables, including time, various turbine makes and
models, and multiple geographic locations, will lead to follow-on
orders from customers as the data indicates that the energy
improvement performance trigger points under current customer
contingent purchase agreements should be met or exceeded." Yaw
control, which involves aligning a turbine's blades perpendicular
to the oncoming wind, has traditionally been a reactive process
using data inputs from wind vanes or sonic anemometers that are
located to sense the wind after it has passed through the rotor
blades. Conversely, Catch the Wind's Vindicator® LWS provides
real-time wind speed and direction measurements at multiple,
simultaneous points ahead of the turbine rotor, thus enabling a
turbine to proactively orient itself into the oncoming wind for
optimal energy capture and stress load reduction. A copy of the
Update Report presented can be accessed from the Company's website,
www.catchthewindinc.com About Catch the Wind Ltd. Catch the
Wind Ltd. is a high-growth technology company headquartered in
Manassas, Virginia. The company was founded in 2008 to develop and
manufacture the Vindicator(®) laser wind sensor. Catch the Wind
serves the commercial market sector for laser based wind sensor
systems, recognized as the "gold standard" in wind measurement. The
company is focused on becoming a major contributor in making clean,
renewable wind energy more affordable and profitable. For more
information, visit www.catchthewindinc.com. Forward-Looking
Information This news release includes certain forward-looking
statements within the meaning of Canadian securities laws.
Forward-looking statements involve risks, uncertainties and other
factors that could cause actual results, performance, prospects and
opportunities to differ materially from those expressed in such
forward-looking statements. Forward-looking statements in this news
release, include, but are not limited to, economic performance and
future plans and objectives of Catch the Wind. Any number of
important factors could cause actual results to differ materially
from these forward-looking statements as well as future results.
Although Catch the Wind believes that the assumptions and factors
used in making the forward-looking statements are reasonable, undue
reliance should not be placed on these statements, which only apply
as of the date of this news release, and no assurance can be given
that such events will occur in the disclosed timeframes or at all.
Catch the Wind disclaims any intention or obligation to update or
revise any forward-looking statement, whether as a result of new
information, future events or otherwise. Neither TSX Venture
Exchange nor its Regulation Services Provider (as that term is
defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. To
view this news release in HTML formatting, please use the following
URL:
http://www.newswire.ca/en/releases/archive/March2011/15/c2844.html
pbFor more information, please contact/b:/p table border="0"
valign="top"trtdCatch the Wind
Ltd. br/ Claudia
Jaques br/ Vice President and General
Counsel br/
703-393-0754 br/ a
href="mailto:cjaques@catchthewindinc.com"cjaques@catchthewindinc.com/a
/td td /td td /td td /td
td /td td /td td /td td /td td /td
td /td td /td tdTMX Equicombr/ Joe Racanellibr/ Investor
Relationsbr/ 416-815-0700 ext. 243br/ a
href="mailto:jracanelli@equicomgroup.com"jracanelli@equicomgroup.com/a/td/tr/table
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