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BUSINESS - COMPANY NEWS

Halo Energy Acquires Shrouded Wind-Turbine Technology From Ogin Inc.

Tuesday, December 19, 2017

Rendering of Halo Energy's 5kW wind turbine installed on a telecom tower

BUSINESS - COMPANY NEWS

Source : Halo Energy, LLC

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Halo Energy, a maker of small-scale wind turbines for on-site generation, has acquired wind-turbine technology developed by Ogin Inc., whose IEC-Certified wind turbine achieved the best aerodynamic coefficient of performance in the industry. Halo Energy plans to incorporate this technology into its small-scale wind platform offering sub-10kW turbines uniquely suited for on-site generation for telecommunications towers, offshore oil & gas rigs, commercial and industrial facilities, and mobile power plants.

As the world increasingly transitions to distributed energy resources that enhance reliability, lower the cost of electricity, and reduce greenhouse gas emissions, Halo Energy's compact, high-output shrouded wind turbines offer consumers a broadly economical alternative to diesel-generated or grid-connected electricity. Through its acquisition of Ogin's aerodynamically optimized turbine design which was developed over 10 years at a cost exceeding $150 million, Halo Energy is leveraging the significant advancements made by Ogin in shrouded turbine technology and hoping to accelerate the adoption of on-site wind generation as a distributed energy resource.

"Historically, small wind has struggled as an economically viable generation source because wind turbines become increasingly inefficient at smaller sizes," said Halo Energy co-founder and CEO, Vin Loccisano. "By applying the aerodynamic breakthroughs of Ogin's technology to our small turbine platform, we aim to change that narrative and create the distributed wind solution that the market desperately needs today."

Halo Energy is currently incorporating the Ogin technology into its existing 5kW turbine design and expects to have an operating unit by year-end which it will use for performance validation. Unlike conventional open-bladed 5kW wind turbines that have rotor diameters greater than five meters, Halo Energy's 5kW turbine will have a 3.5-meter diameter allowing it to be sited where other turbines cannot. This includes installation on telecom towers, offshore oil & gas rigs, and mobile power stations that frequently rely on high-cost, carbon-heavy diesel generation.





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