We have the first Vertical-Axis Wind Turbine built for turbulent Mid-Level wind 15′ to 100’ above the ground. This trillion-dollar resource is inaccessible to traditional turbines. Being first to being able to add short turbines under tall turbines has advantages. One is that others will want to license our new patents to cost-effectively make their own compact, durable turbines. Raising $350,000 puts us on track to start certifying two Wind Harvester™ 4.0 turbines in the summer of 2024.
We have the first Vertical-Axis Wind Turbine built for turbulent Mid-Level wind 15′ to 100’ above the ground. This trillion-dollar resource is inaccessible to traditional turbines. Being first to being able to add short turbines under tall turbines has advantages. One is that others will want to license our new patents to cost-effectively make their own compact, durable turbines. Raising $350,000 puts us on track to start certifying two Wind Harvester™ 4.0 turbines in the summer of 2024.
We will sell our compact, energy-dense Wind Harvester™ turbines directly to customers in the U.S. Our regional distributors and manufacturing licensees in other countries will sell them to higher energy using facilities, renewable energy project developers and existing wind farm owners.
Wind Harvest will also make income from extended warranties, service agreements, wind farm and vertical-axis wind turbine (“VAWT”) placement computer modeling. In addition, many of our projects will earn tax credits and developer fees.
Wind Harvest will be the leading designer of turbines for turbulence. The most profitable part of the business should be from licensing patents to others who will want to make short, durable vertical axis wind turbines for the newly opened mid-level wind markets around the world.
Mid-level wind can be exceptionally energetic but too turbulent for utility-scale, traditional turbines to harvest. Over 20% of wind farms operate on ridgelines, passes, and other places where there are excellent wind speeds below 100’ above the ground that cannot presently be used.
Many other windy properties cannot secure permits because, at 300 to 500 feet tall, traditional turbines can impact views, aviation, roads, and setback easements.
Our short, energy-dense turbines survive and thrive in the gusting wind that swirls through the understories of wind farms, beneath the tall turbines. Wind Harvesters can do this because they have two arms per blade connected to a vertically aligned mast while propeller-type turbines have one connection from the blade to a horizontally aligned drive shaft.
Our prototypes and field-validated “aeroelastic” modeling prove Wind Harvesters’ effectiveness and durability. These relatively simple machines have advantages:
– Patented innovations (below) save money and increase energy output.
– Many components can be made locally which increases jobs and public support for Wind Harvester projects in places like Barbados.
– Bird and Bat Friendly: Their 3-dimensional shape and slower moving blades make them easier for wildlife to see and avoid than the 2-d propeller-type turbines.
– 99% recyclable with steel, and aluminum parts that will last over 70 years.
– Extruded, mass-manufactured, and inexpensive aircraft aluminum blades.
The breakthrough that makes Wind Harvesters the first “cantilevered” VAWT able to survive and thrive in turbulent conditions came from team member Dr. David Malcolm. He brought 40 years of vertical and horizontal axis wind turbine engineering and modeling experience to Wind Harvest. Our engineering team used data from Wind Harvester prototypes to confirm the accuracy of our new computer models that Dr. Malcolm helped develop. This validationwas a historic milestone for H-type VAWTs.
We field-tested many prototypes to learn all that we have about VAWTs. Most of our new innovations have their roots in the work of co-founder Bob Thomas and his son Dean. Their Windstar prototypes and the breakthrough 530G array in Palm Springs proved the Coupled Vortex Effect.
Our crowdfunding offerings raised the capital needed to make, install and test our Wind Harvester 3.1 at the UL Advanced Wind Turbine Testing Facility in Texas. There it completed Technology Readiness Level (TRL 7), operating a full scale prototype in industry conditions of highly turbulent wind.
With funding, we will install two 4.0 Wind Harvesters in early summer 2024 and begin third-party certification (TRL 8). Upon one more verification of the accuracy of our engineering models, we will order turbines for projects in development that will allow us to complete the last step in the commercialization process. TRL 9 is achieved when banks have sufficient data from operating turbines that they will finance our customers’ multi-million dollar projects.
Sell Wind Harvester: The price of each Wind Harvester will initially include an average markup of $70,000. On a per MW basis, this produces ~4X the net sales income than traditional wind farm turbines.
License Our Intellectual Property: With seven patents pending and a pipeline of future IP, we are confident that many others will want to license our innovations. It will be tough to make VAWTs as large, durable and efficient as ours without licensing our hinge connection, hex mast and blade patents.
Develop Projects: At least until banks will loan millions of dollars to our customers, we are in the renewable energy project development business. We make money when we sell Wind Harvesters to those projects, and we benefit from the tax credits and subsidies that projects realize.
The need for climate restoration is increasing the urgency for governments and economies to transition to renewable energy. The easiest and most lucrative place to build new wind farms is in the “understories” of existing ones with great mid-level wind resources.
Research shows that 20% of wind farms will have strong enough wind near the ground to profitably install VAWTs under their taller turbines.
Research from CalTech and other universities shows that VAWTs like Wind Harvesters and traditional turbines can synergistically work together. They can be placed such that they cause faster wind to move through each other’s rotors and produce 10% more energy.
Wind Harvesters will be the first certified, utility-scale VAWT that is designed to operate in turbulence. We believe other turbine manufacturers will need to license our patents to make durable and cost-effective VAWT’s.
Licensing and strategic collaboration offers Wind Harvest ways to leverage other companies’ capital and experience to dramatically increase the speed at which mid-level wind resources are developed. The wide open, mid-level wind market is so vast that major international companies will find it efficient and profitable to license our patents when they make their own VAWTs.
It is not often that a company at our advanced stage in the technology commercialization process remains privately held and is the first to an enormous untapped market. Even less frequent is the opportunity for the average person to invest early, before the company becomes a household name. We believe we will provide a sizable return for our investors. and have a significant impact on our climate by helping to drive down the cost of renewable energy
Seize the opportunity! And help us bring to the world the first turbine that can handle turbulence.
Our first sale will include the existing Model 3.1 and initially two Wind Harvester 4.0s installed at the UL Advanced Wind Turbine Testing Facility in Texas. This $1.3 million dollar project will be sold to a new company Wind Harvest sets up. It will be eligible for over $500,000 in tax credits and accelerated depreciation.
Before we can sell thousands of Wind Harvesters to wind farm owners, we need to prove that they are wildlife friendly, compatible with tall turbines, and bank financeable. We expect to accomplish much of this in 2025. In the meantime, we are developing projects that open up new distributed energy markets with our turbines.
Wind Harvest International Inc. through its subsidiary Wind Harvest Pilot Project Inc. has conducted a Regulation CF/506c offering in 2020-2021 that raised $1.94M. It conducted a second Reg CF/506c offering starting in October 2022 that ended in January 2023 and raised $470,000.
Promissory Notes offered by Wind Harvest Pilot Project Inc. come with a Security Guaranty from the parent company Wind Harvest International Inc (WHI). The first $93,270 in Notes receive an 8% interest. The remaining Notes receive a 7% interest payment made annually 60 days after the end of the year. The Notes have a Maturity Date of Dec. 31, 2027. For each $1 invested, the Note Holder receives pro-rata proceeds from the sale of 2.5 shares of WHI common stock from warrants with an exercise price of $0.01 each. The current share price is $0.09 each.
The FAQs on our business plans, technology, sales and markets, 6-year financial predictions, and windharvest.com website provide more information on how we plan to get from where we are now to $1 billion in sales in five years. Another source of information is our Form C (a link to that is on this page). Send your questions, comments, and feedback to info@windharvest.
You are cautioned not to place undue reliance on forward-looking statements made here. These statements are based on the current beliefs, expectations, and assumptions of our management and are subject to significant risks and uncertainties that are beyond our ability to predict or control and could cause actual results to differ. These risk factors include, but are not limited to, the risks identified in our current Form C, filed with the SEC. The cautionary language in our Form C regarding forward-looking statements is incorporated herein by reference and applies to the statements in this release.
As an investor, please be sure to read and review the Offering Statement. If you have any unanswered questions, please be sure to utilize the communication channel on this page to ask the issuer questions.
A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment.
In making an investment decision, investors must rely on their examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature.
These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.
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The information contained herein includes forward-looking statements. These statements relate to future events or future financial performance and involve known and unknown risks, uncertainties, and other factors that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Profit Share Kicker: For each $1 invested, the Note Holder receives pro-rata proceeds from the sale of 2.5 shares of WHI common stock from warrants with an exercise price of $0.01 each.
*If the sum of the investment commitments does not equal or exceed the minimum offering amount at the offering deadline, no securities will be sold and investment commitments will be cancelled returned to investors.
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