Time To ACT plc an engineering-led group focused on technology for the energy transition supply chain, is pleased to announce that its GreenSpur business has won a design contract to develop an optimised wind turbine generator for XFlow Energy (“XFlow”).
Based in Seattle, USA, XFlow is an innovator in the renewable energy sector, specializing in the design of an innovative vertical-axis wind turbine (“VAWT”).Their flagship 25 kW VAWT has been engineered to reduce the cost of wind energy generation while maintaining high efficiency and structural integrity.
GreenSpur’s Rare Earth-free generator technology is uniquely suited to meet the distinct demands of VAWT technology, and helps overcome design and performance challenges that have previously limited broader adoption. With the VAWT industry gaining traction, GreenSpur’s technology helps position it at the forefront of this transition, driven by a strong belief that VAWTs will become a significant part of the global wind energy mix.
This contract represents an exciting development for GreenSpur, reflecting years of dedicated development and innovation. The design work under this contract will leverage GreenSpur's cutting-edge, Rare Earth-free generator technology to create a bespoke solution tailored for low-level turbulent wind experienced by VAWTs.
Upon successful completion of the design contract, the two parties expect to enter a prototype and manufacturing contract which will move GreenSpur’s Technology Readiness Level (“TRL”) to TRL8/9. TRL is an internationally recognized method for measuring the maturity of technological development, with a TRL8/9 indicating that a technology is “system complete and qualified/proven in operational environment”.
The Company believes that this progress will further solidify GreenSpur's position as a leader in innovative wind energy solutions and contribute to the broader adoption of sustainable technologies. It also believes that GreenSpur’s relationship with XFlow has the potential to act as a pathway into the nascent floating VAWT market.
The contracted design work will commence immediately and Time To ACT will provide further updates as the project progresses.
Chris Heminway, Executive Chairman of Time To ACT plc, commented:
"I am delighted that GreenSpur has won this important design contract, which really underscores the growing relevance of our capabilities in the renewable energy sector. The importance of the contract is less about its current size and more about its ability to help progress GreenSpur’s technology up the TRL ladder and in its potential to open a pathway into the floating VAWT market."