Monday 31 August 2020

HALES TURBINES MOVE INTO MARKET THROUGH DEVELOPING NATIONS

HALES WATER TURBINES LTD HAS JOINED WITH SEVERAL NATIONAL UNIVERSITIES IN DEVELOPING COUNTRIES  TO SUPPLY RAPID, CHEAP AND SELF OPERATING AND MAINTAINING ENERGY SYSTEM TO ANY COMMUNITY WITH SUITABLE WATER FLOW RESOURCES, BOTH RUN OF RIVER AND TIDAL.
THE SPECIAL ENERGY CATALYST R8 FUNDING PROGRAM PROVIDED BY THE UK GOVERNMENT WITH A £20M GBP BUDGET COVER SOME SIXTY DEVELOPING COUNTRIES IN THE SUB-SAHARAN AFRICA AND SOUTH EASTERN ASIA AREAS AND FINAL SUBMISSION ARE TO BE FILED BY 16TH SEPTEMBER 2020.
THIS FUNDING PROGRAM CAN RUN FOR A TWO YEAR PERIOD  WHICH WILL ALLOW HALES WATER TURBINES LTD TO DEPLOY THE BASIC 1MX1M  AND 2MX2M MEC WATER TURBINE UNITS , WHICH HAVE BEEN SPECIALLY DEVELOP FROM CONCEPT FOR SIMPLE FLAT PACK DELIVERY IF REQUIRED AND SIMPLE DEPLOYMENT AND MAINTENANCE WITH A LONG WORKING LIFE PERIOD.
FOLLOWING ON TO THIS FUNDING PROGRAMME, SHOULD HWT Ltd BE SUCCESSFUL WILL FOLLOW APPLICATION IN THE MUCH LARGER AYRTON FUND SCHEME THAT STARTS IN 2021 WHERE THE UK GOVERNMENT IS PROVIDING UP TO £1 BILLION GBP FOR SIMILAR DEVELOPMENTS IN BOTH DEVELOPING NATIONS AND UK'S OWN MARINE WATERS.
HALES WATER TURBINES LTD IS BEING SUPPORTED BY THREE LARGE AND EXPERIENCED ORGANISATIONS, AQUATERE, ORE CATAPULT AND OCEAN PIXEL ORD IN THEIR ENERGY CATALYST R8 APPLICATION.
RESULTS OF THE COMPETION WILL BE RELEASED IN DECEMBER 2020

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