Building Turbines, Inc. Announces First Production Revenue
June 28 2011 - 9:46AM
Marketwired
Building Turbines, Inc. (PINKSHEETS: BLDW) ("BT" or the "company"),
a developer and manufacturer of commercial building rooftop mounted
horizontal-axis wind turbines, announced its first production
turbine revenue.
According to David Parker, COO, the company just received
revenue from the sale of two production turbines. Thus far in 2011,
BT has launched its new innovative and patented commercial rooftop
wind turbine, defined, created and deployed its integrated
real-time monitoring solution and initiated pilot projects with a
large nation-wide retailer and several 'renewable energy
demonstration sites.' The company is very optimistic in booking its
first retail sale in Texas as well as having the turbine monitoring
system and 'IT' infrastructure in place to handle the voluminous
data pouring in from installation sites.
BT's innovative and patented turbine design is ideal for a wide
variety of commercial building settings including urban
environments. The turbine creates reliable, cost-effective, clean
and on-site renewable electricity with little building modification
required. Building Turbines' horizontal-axis wind turbines ("HAWT")
easily mount onto buildings with flat roofs and turn historically
dead space into power producing real estate. The uni-directional
design rests on HVAC-style curbs and is mounted along the roof's
edge next to the parapet wall. The turbine takes full advantage of
what is called a "parapet vortex" which naturally occurs as wind
accelerates up the side of a building and crests over the rooftop
edge. The turbine axis is centered in this vortex capturing maximum
electrical generation capability from the wind.
The BT solution is called 'distributed generation' or 'DG'
because the power is made at the "end node" (on the building) for
consumption by the building. 'DG' is widely regarded as a very
promising part of the over-all solution to America's grid and
energy problems.
"We are confident in the strength of our technology, our turbine
and the soundness of our market entry approach," said Mr. Parker.
"We will continue to work closely with our early adopter customers
and strategic partners to deliver value to customers and
shareholders, and we will try very hard to emerge as an industry
leader in commercial rooftop wind."
About Building Turbines, Inc.: Building Turbines, Inc. is an
Austin, Texas-based renewable energy company focused on designing,
manufacturing and deploying revolutionary rooftop mounted
horizontal-axis wind turbines. For more information visit their
website at www.buildingturbines.com, or email them at
investor@buildingturbines.com.
Contact: Mr. David Parker COO Email Contact
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