I totally agree with you on the Gates foundation, or the hundreds of other foundations around the world to help developing countries. I'm hoping that WindTamer can sell their systems into these markets. I wish they would tell us what they are up to. Hey, wait a minute, WindTamer DID tell us how they are trying to address this market.
There are LOTS of explanations in the 10-K as to what the company is up to. So people who say otherwise just aren't reading. Here's how WindTamer is trying to address that market - quoted directly from the 10-K:
In 2010, as we developed our mobile renewable energy system and our Power on Demand system, we determined that a significant potential market exists to sell micro-grid power stations for use in geographic locations that typically are not connected to a power grid. Often, these opportunities are located in the Caribbean, Africa or other regions where power infrastructure is either insufficient or non-existent, or in disaster recovery situations in which power infrastructure is either insufficient or non-existent. After verifying and validating the market for these significant opportunities, we developed our renewable power station as a scalable system that can be drop-shipped to remote locations to be used as a “micro-grid”.
We believe that our mobile renewable energy systems can be used virtually anywhere including remote areas of the world where either no electricity exists or where there are severe outages through poor supply and inconsistent delivery, or for any consumer who prefers to be grid independent. Because emission-producing diesel generators cause pollution, are costly to maintain, and the cost of fuel can be very expensive in difficult to access areas, we expect there to be significant interest in renewable generation for off-grid and back-up power applications and for such interest to accelerate.
Our renewable power station consists of wind turbines, solar PV, energy storage and power distribution, and can be used for off-grid applications such as water pumping stations, cellular towers, or community centers at remote villages or communications towers or battery charging stations at military bases. Our renewable power station is designed to be placed entirely in one shipping container that can be drop-shipped to the end user and assembled on site. We have designed our renewable power station to be scalable, and also to be able to adjust the composition of the various energy sources depending on each customer’s particular situation and power needs.
Although we have not sold any of our renewable power stations, we believe that a significant market exists for such stations and expect to receive orders for our renewable power stations in 2011 as we have been in prolonged discussions and negotiations for several significant orders from different third-parties for more than six months. The sales cycle for these renewable power station orders is very long, however, with many variables outside of our control, such as changing political factors affecting customers in other countries and complicated financing of any such orders, and therefore it is very difficult to predict when or if such orders will be placed. Despite these uncertainties and risks, we believe that the large size of these potential orders warrants continued focus by us on these customers and other similar customers that are verified as credible.
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