Objective
Extreme weather conditions (i.e. strong and unsteady winds, icing, etc.) - that countries such as Iceland and the other four Nordics (Sweden, Denmark, Norway, and Finland), the UK, Ireland, Canada´s Prairies, Northern US, Russia, and Nigeria along with high altitude sites face - make traditional wind turbines (horizontal-axis) to spin out of control resulting in catastrophic system failure in the first year of operation. As a result, these locations needed a different kind of wind technology capable of working over a wide production range (whether it’s in the stormy afternoon, in hurricanes or on calm and icy winter nights in the range of -10 to -30 °C) with mimimum maintenance. IceWind has therefore identified a business opportunity for a rugged and durable VAWT intended for extreme wind conditions with a power capacity range between 300W to 1,000W and focused on on-site small applications that require a continuous 100% green energy source of reduced carbon footprint and will bring down energy bills of customers through self-generation and consumption. The excellent match of aerodynamics and materials give our NJORD turbines unique features such as optimal structural stability, strength, and hence durability to withstand the most extreme wind conditions. Our VAWT can produce electricity at very low wind speeds, as well as spin elegantly, non-stop and noiseless at high speed winds. As for our commercial strategy, we plan to respond: 1) directly to individual end-users of isolated areas for residential applications (i.e. cabins, homes, and small farms) mainly in Iceland and other EU countries (i.e. the other four Nordics, the UK, and Ireland) and 2) owners of telecom towers worldwide. Expected total net income from selling NJORD turbines after deducting costs of purchase, manufacture and distribution fees amounts to a cumulative 10.32M€ along with the creation of over 140 skilled works in IceWind and partners worldwide for the 2020-2024 period.
Fields of science
Programme(s)
- H2020-EU.3.3. - SOCIETAL CHALLENGES - Secure, clean and efficient energy Main Programme
- H2020-EU.2.1.1. - INDUSTRIAL LEADERSHIP - Leadership in enabling and industrial technologies - Information and Communication Technologies (ICT)
- H2020-EU.2.3.1. - Mainstreaming SME support, especially through a dedicated instrument
Funding Scheme
SME-2 - SME instrument phase 2Coordinator
110 REYKJAVIK
Iceland
The organization defined itself as SME (small and medium-sized enterprise) at the time the Grant Agreement was signed.