Composite Technology Corporation (fka CPTQE)

[noodleberry]

Yep. This design never flew because of the guide wires. They claim to have a new concept that doesn't need guide wires.

They also had designs for a simple power pole that has still not materialized. It was originally meant to be part of the Kingman project but they are now using wooden poles since CTC couldn't deliver.

This whole deal sounds like Bill Arrington's work. Lots of cool ideas but I wonder how much of substance is behind it. The wind turbine market is becoming dominated by manufacturers with large balance sheets (GE, Seimens, Mitsubishi, etc.) Equity investors in wind projects don't like companies without a balance sheet to support their product (Clipper for example - their recent IPO was an attempt to capitalize their business for this purpose). For DeWind to be successful they will need a significant capital boost.

Which all leaves me wondering why CTC is putting money into something like this at this stage, unless it is coming from some outside source specific to this venture.