Germany’s leading Cleantech fund on board for its further expansion.
By winning eCAPITAL entrepreneurial Partners AG via its innovative technology in the area of micro wind turbine systems with a vertical axis (VAWT), the high tech company has convinced a strong partner and investor with sound industry know-how in the field of Cleantech. A seven-digit investment has been made.Turbina Energy AG produces the first micro wind turbine system which is designed to operate in both strong and light wind conditions. The turbines – made in Germany –
The installation on rooftops in residential and industrial areas can sometimes be carried out without prior formal permission, as no noise nor vibrations are generated whatsoever. A patented combination of rotor, stator and generator makes these unique selling propositions possible.
Dr. Paul Josef Patt, CEO of eCAPITAL entrepreneurial Partners AG, says:
TURBINA AG convinces with a unique product which has market maturity for global application and is thus suitable to meet global demand. Its highly customer-friendly design matches the spirit of the Cleantech age, which is reflected by the already well-filled order book. All this fits into our portfolio perfectly.
eCAPITAL supports the development of high tech projects all the way to becoming a market-leading company – through personal commitment, a qualified network in industry and finance as well as through many years of experience as entrepreneurs, managers and investors.
Aleksandar Vucak, CEO of TURBINA AG, says: “Being a young technology company, we are happy to have eCAPITAL to accompany us as a strategic partner who possesses entrepreneurial expertise, an active network and lots of personal commitment to support the global rollout of our patented technology. Together we plan and implement the corresponding growth strategy. In the short term, we will be offering products for green energy production to private as well as to industrial customers on a global scale – for the first time, everybody can make their own contribution to sustainability and, as a matter of fact, this helps to make the energy turnaround (“Energiewende”) possible – safely, quietly anywhere and anytime.”
About TURBINA ENERGY AG
TURBINA ENERGY AG is a company based in Unterhaching (near Munich), Germany, which specializes in the production and distribution of micro wind turbine systems (<20kW) as well as solar hybrid systems. Since 2006 our team of engineers has been developing small-scale wind turbine systems with a vertical axis and a stator. These possess unique competitive advantages. The product spectrum covers an output range from 500W to 10kW. This unique and patented technology has already won a number of international awards: Energy Innovation Awards 2010 (Manchester) – category: Best International Trade Award; Energy Globe Award 2010 (Rwanda) – The world award for sustainability; Global Energy Awards Finalist 2009 and 2010 (New York), 2009 category: Sustainable Technology Innovation of the Year. Award of Excellence Winner 2010, category: Green Energy Initiative of the Year; Award Excellence Winner 2010, category: Green Energy Initiative of the Year; Award of the World Bank: West Balkan Development Marketplace 2006 as one of 1400 contestants: 6 gold medals and many other awards at various international trade fairs. The quality and the superior technical concept were proven by long-term tests. On a global scale, micro wind turbine systems have an enormous market potential and are among the fastest growing segments in the field of renewable energies. For further information, please visit http://www.turbina.de.
About eCAPITAL entrepreneurial Parters AG
eCAPITAL AG is a Münster-based Venture Capital Corporation managed by entrepreneurs, which has actively supported innovative entrepreneurs in future-oriented industries since 1999. Its focus lies on fast-growing companies in the segments of renewable energies, renewable raw materials and resource-efficient processes, water technology as well as process engineering / new materials and IT. eCAPITAL currently manages five funds with subscribed capital exceeding €120m and it invests in companies which are in their “later stage” and “early stage” phases, as well as in small SMEs on a national level.
For more information, please visit http://www.ecapital.de