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Bullboard - Stock Discussion Forum Catch the Wind Ltd V.CTW

TSXV:CTW - Post Discussion

Catch the Wind Ltd > KEY FACTS OF NR
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Post by mvreno on Mar 22, 2012 3:54pm

KEY FACTS OF NR

 

enXco Signs Agreement to Outfit Wind Turbines with Catch the Wind's Optical Control System

CHANTILLY, VA, March 22, 2012 /CNW/ - Catch the Wind Ltd. (TSXV: CTW), providers of optical control systems (OCS) for the wind industry, today announced the signing of a multi-unit sales agreement with enXco, an EDF Energies Nouvelles Company. enXco purchased five additional OCS units to outfit wind turbines at multiple North American wind farms with Catch the Wind's advanced optical turbine control system. Installation of these units is scheduled to begin in April of 2012.

"This sale to enXco marks an important new milestone for Catch the Wind, in that CTW and enXco are working together to further validate the performance of the OCS across geographically diverse customer wind farms and additional turbine models. We can now offer customers increased Annual Energy Production using remote optical sensing for better turbine control," said Jo Major, Interim President and CEO of Catch the Wind, Inc. "This agreement is significant in that it allows us to add additional manufacturers to our portfolio of wind turbine models controlled using the OCS. The future for intelligent wind turbine control is available now and we are proud to pioneer this breakthrough technology in collaboration with enXco."

"We are excited about the technical opportunities LIDAR represents to improve the output of our wind projects and enhance the operational performance of the wind turbines," said Richard Jigarjian, Vice President, Generation of enXco.

The Vindicator® OCS is a "next generation" wind turbine control system for utility-scale wind turbines. From its position on top of the nacelle, the Vindicator® OCS simultaneously measures wind speed and direction in the free-stream inflow ahead of the turbine and uses this information to optimize wind turbine performance, increasing energy output and reducing damaging stress loads.

Comment by knoll on Mar 23, 2012 12:41am
The only fact I like from this NR is the company enXco, according to the enXco  website they operate/maintain 5200 turbines. Hope they like it.