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Windesal acquires Danvest Energy

26 July 2010

The acquisition gives Windesal worldwide intellectual property rights for Danvest’s patented hybrid wind-diesel technology.

Danvest’s technology allows for wind-diesel operation where high wind penetration can result in annual reductions of fuel consumption, and carbon dioxide emissions of up to 85% when compared to standard diesel generator plants. The technology is also capable of controlling and providing back-up for off-grid solar systems in much the same way as off-grid wind turbines.

Jonathan Whalley, Windesal chief executive officer said the Danvest technology is the basis for the company’s wind-powered desalination systems – which use renewable energy to turn seawater and brackish groundwater into potable water – and that the acquisition presents new opportunities for the company.

He said: “Our primary focus until now has been on water, but the acquisition of Danvest means we now have a dual focus on securing both water and power supplies for regional communities.”

As part of the acquisition, Windesal’s European director, Thomas Vestesen becomes the new managing director of Danvest. Mr Vestesen will oversee Danvest’s Copenhagen office, while the company’s name and corporate branding will be retained.
 

 

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