Altaeros Energies Aims To Make Offshore Wind Energy Cost Competitive With Floating Turbines

July 27, 2010

9:28 am

Looking to bring a cost effective wind technology to the marketplace, Altaeros Energies is developing an Airborne Wind Turbine (AWT) that will redefine renewable energy and eliminate the need for compromise between cost and sustainability by producing clean power at a cost that is competitive with non-renewable resources.

Using a helium-filled ring-wing to provide buoyancy, passive directional stability and flow augmentation, the Altaeros AWT is uniquely capable of safely and efficiently harnessing the immense, untapped potential of high-altitude winds at utility scale. A stronger wind resource and lower costs per turbine will allow Altaeros to reduce the levelized cost of offshore wind energy by 60 percent.

How a Helium-filled Turbine Works

How a Helium-filled Wind Turbine Works

A 2010 Semifinalist for the MIT Clean Energy Prize in the renewables category, Altaeros will be a Showcased Startup at the upcoming TECH cocktail Boston startup mixer event on Thursday, at Microsoft New England Research and Development Center in Cambridge.

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Frank Gruber is the cofounder, CEO and Executive Editor of Tech.Co (formerly Tech Cocktail). He is the author of the book, Startup Mixology, Tech Cocktail’s Guide to Building, Growing, and Celebrating Startup Success. He is also a startup advisor and investor to startups. Find Frank Gruber online and follow him on Twitter at @FrankGruber.

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