Published by Todd Bush on November 4, 2022
NEW YORK, Nov. 4, 2022 - Speaking at the Financing Wind North America 2022 conference, Chris Griffin, CEO and Co-Founder of Hover, today announced that full-scale commercial production of its Wind Powered Microgrid™ solution will begin in January 2023. With more than a dozen large-scale installations in the late planning stages, Hover expects the first production run of turbines to be shipped immediately for installation. The company plans to ramp up production throughout the year to meet ever-increasing demand by clients looking to gain energy security, achieve greater carbon offsets, and lower their power costs.
Hover CEO & Co-Founder Chris Griffin announces scale production of the Hover Wind-Powered Microgrid(TM) will begin in January, 2023 at the 2022 Financing Wind North America Conference in New York on November 2nd.
>> In Other News: Honeywell Launches Honeywell Forge Sustainability+ to Help Organizations Meet Carbon Reduction Goals
The Hover Wind Powered Microgrid™ features a combination of wind and solar energy generation. The centerpiece of the microgrid is Hover's patented 36kW wind turbine. Installed as an array on the windward edge of a building's roof, the ground-breaking aerodynamic design uses the building as a sail and delivers commercial-scale power. A direct-drive generator reduces friction and allows for low cut-in speeds. The solar photovoltaic array installed in the center of the roof acts as a complement to the turbine array, generating power during daylight hours. The energy captured by both sources is directed to Hover's Integrated Energy Management System where the energy is combined, cleaned, and converted into 3 phase AC power, directly linked to the building management system. Excess power, such as power generated at night, can be stored in electric batteries.
Testing has shown a Hover Wind-Powered Microgrid™ can offset 100% of a building's power consumption in most cases. Time of use remains the only challenging factor, as with any microgrid.
Hover's CEO Chris Griffin emphasized the importance of this step in Hover's journey. "There is constant experimentation in the renewable energy sector, but only a small percentage of these ideas make it through testing and are made available to the market at scale. Hover spent nearly 8 years in R&D, followed by two years of rigorous testing at our installation site in St. Petersburg, FL. We know of no other wind technology that has survived two hurricanes (i.e. Ian) and is still functioning properly. Fully confident in our technology, we are thrilled to kick off scale manufacturing, which will take place in Memphis, TN."
Hover Energy - Headquartered in Dallas, TX, Hover Energy designs, develops, and deploys Wind-Powered Microgrids™, utilizing highly effective global partnerships to help clients efficiently harness the power of nature to generate power where it's consumed. Achieving net zero is just the beginning. www.hoverenergy.com
SOURCE Hover Energy LLC
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.
Inside This Issue 🧪 $400M Bet on Blue Ammonia: Industry Giants Push Carbon Capture in Louisiana 🏭 Linde Signs Long-Term Agreement to Supply Industrial Gases to World-Scale Low-Carbon Ammonia Facil...
Inside This Issue 🔌 BP's Indiana Exit Is Not the Endgame for Clean Hydrogen ☀️ Cadiz Signs Second MOU for Hydrogen - Solar Development at Cadiz Ranch 🏗️ Heidelberg Materials Inaugurates Brevik CCS...
Inside This Issue 🧩 Who Gets Left Behind? Inside the Senate Plan Reshaping America's Clean Energy Future 🌿 TMD Energy Limited Enters into Strategic Memorandum of Agreement to Advance Green Bioener...
Carbon Upcycling Technologies ("Carbon Upcycling"), a leader in carbon and resource utilization, announced today the closing of its USD 18 million investment round led by Builders Vision, a team of...
BUSE Gases Limited is excited to announce a transformative 10-year offtake agreement with Acorn Bioenergy, marking a significant leap forward in our commitment to sustainability and innovation. Un...
Back by Aramco Ventures, Khosla Ventures, Mitsubishi Heavy Industries America, and TDK Ventures, Spiritus is set to transform carbon removal, turbocharging America’s AI-driven future with energy an...
WOKING, England--Linde (Nasdaq: LIN) today announced it has signed a new long-term agreement with Blue Point Number One, a joint venture between CF Industries, JERA and Mitsui & Co.. Under the ...
Follow the money flow of climate, technology, and energy investments to uncover new opportunities and jobs.