HALES ENERGY HAS THREE R&D PROJECTS NOW GOING FORWARD

THIS WEEK, HALES WATER TURBINES LTD HAS RECEIVED CONFORMATION THAT THE PLANNED LINK UP WITH THE SINGAPORE BASED OCEAN PIXEL ORG, TO DEVELOP THE PATENTED HALES VERTICAL AXIS TIDAL STREAM TURBINE UP TO 250Kw IN SIZE, THIS TO PROVIDE LOW COST AND EFFECTIVE POWER GENERATION FOR ISOLATED  COASTAL COMMUNITIES IN THE ASIA REGION, COMBINED WITH ANOTHER LARGE TIDAL TURBINE DEVELOPER, IS GOING AHEAD.

 HALES WATER TURBINES LTD IS ALREADY IN DISCUSSIONS WITH A UNIVERSITY IN IRAN TO SUPPLY A 1MX1M  HALES TURBINE WITH DUCTED VENTURI  AND TEST EQUIPMENT ETC FOR TRIALS IN THE HORMOZGAN STRAITS, TO HELP BUILD A  RENEWABLE ENERGY MARINE PROGRAM FOR  IRAN. THIS PROJECT IS AT THE COSTING AND DELIVERY STAGE.

IN THE PAST FEW MONTH, HALES WATER TURBINES HAS ALSO BEEN TALKING TO THE CITY OF LONDON AND OTHERS AS TO THE POTENTIAL OF HEAT EXTRACTION FROM COASTAL TIDAL AND FAST FLOWING RIVERS ETC WITH A SPECIALLY DESIGN  CONCENTRATED PRIMARY HEAT COLLECTION UNIT THAT LINKS TO THE NORMAL GROUND SOURCE HEAT PUMP UNITS.

DISCUSSION BY HALES WATER TURBINES LTD AND HALES ENERGY LTD  AS TO THE BEST WAY TO RAISE FUNDING, EITHER WITH DIRECT OR CROWD FUNDING ETC,  TO TAKE ALL THREE PROJECTS INTO THE MARKET.