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300 Turbine Order from North Wind Power PDF Print E-mail

 

Source: Sauer Energy, Inc.
April 04, 2018 07:55 ET


OXNARD, Calif., April 04, 2018 (GLOBE NEWSWIRE) -- Sauer Energy Inc.® (SEI), developer and manufacturer of the patent pending WindCutter® vertical axis wind turbine (VAWT), announced today that it has just been informed that there is a 300 turbine system order forthcoming from North Wind Power, Inc. “North Wind,” of Newfoundland and Labrador in Canada. Canadian local townships and the national government of Canada are of one accord and the funding is being arranged now.

North Wind is purchasing the turbines as their main Canadian solution for off-grid remote communities and more.  The communities being in favor of wind turbines and the government not having to build and maintain a new grid makes this project ideal for all.  Everyone gets what they need in a way that is most advantageous.

The instant reduction in diesel fuel consumption and the one-time cost for turbine system and installation will reflect ecological and economical responsibility.  In fact, the price for energy generation will be able to decrease as time passes, whereas, the cost of fuel is subject to increases.

“We are very pleased to see the culmination of our alliance with North Wind.  The Canadian group looks forward to the positive impact that these units will make.  This is a first order and they say that the demand is enormous in Canada.  This is an instance when wind can have an economic advantage due to our technological advancements, robust construction and the vast abundance of wind in Canada.  That is what we were striving for:  to make a difference,” commented Dieter Sauer, CEO and President of Sauer Energy.

This is an exciting time at Sauer Energy!  Generating one’s own energy in remote communities is expected to be a welcome experience.  Sauer Energy is grateful to have been chosen to participate with North Wind Power on this project.  The Sauer Energy team is setting up for the production run.

About Sauer Energy Inc.

Sauer Energy Inc. is a technology developer and manufacturer focused on the emerging renewable energy market. The WindCutter turbine is based on the Darrieus principal.  It has five airfoil blades that use the principle of lift to rotate the shaft and is pole mounted only.  Sold alone, or as a hybrid system including solar and energy storage capability, our systems can offer the ability to structure on-grid or off-grid configurations.  SEI's automatic braking system is unique proprietary technology, which means a more efficient operation for the ultimate in safety.

The WindCutter is built strong to generate electricity while able to withstand varied environments. Its low wind capture capability gives it flexibility in rural settings or small community farms. The market opportunity for this new, self-contained, innovative technology is growing rapidly.

With several patents in place and many more pending, SEI looks forward to delivering on its promises for commercialization, and it is also aggressively moving toward a financial return on its investments. To learn more about Sauer Energy, please visit: www.SauerEnergy.com

Sauer Energy... Harnessing the true power of wind!®

Forward-Looking Statements

This news release includes forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. While these statements are made to convey Company progress, business opportunities and growth prospects, readers are cautioned that such forward-looking statements represent management's opinion. Whereas management believes such representations to be true and accurate based on information and data available to the Company at this time, actual results may differ materially and are subject to risk and uncertainties. Factors that may cause actual results to differ include without limitation: dependence on key personnel and suppliers; SEI's ability to commercialize its wind turbine technology; ability to defend intellectual property; wind turbine material and component costs; competition; economic conditions; consumer demand and product acceptance, and availability of growth capital.

Additional considerations and risk factors are set forth in reports filed on Form 8-K and 10-K with the SEC and other filings. Readers are cautioned not to place undue reliance upon these forward-looking statements; historical information is not an indicator of future performance. The Company undertakes no obligation to update publicly any forward-looking statements.