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Latest news about wind energy technology
Eocycle Closes Nearly $10 Million Financing to Accelerate Growth
Montreal, Canada – June 1, 2020 Eocycle Technologies Inc., manufacturer of certified high-performance midsize wind turbines, today proudly announces the closing of new financing in the amount of $9.7 million ($7 million USD). This financing was led by a $5 million...
Merger of Eocycle and XANT Forms a Trans-Atlantic Renewables Leader Offering Distributed Wind Solutions & Services
Eocycle Technologies Inc., manufacturer of certified high-performance midsize wind turbines, and XANT a manufacturer of midsize wind turbines for the microgrid and off-grid / remote markets, are pleased to announce that they have agreed to a merger under the Eocycle banner. Both brands will continue as before for the foreseeable future.
Colorado Governor Meets with Eocycle Turbine Owners
Yuma, Colorado – It was an unseasonably warm fall day in October of 2019 when Colorado Governor Jared Polis visited Yuma County, in his state’s northeastern most corner. Far from the imposing Rocky Mountains which Colorado is known for, the land in this area is dry,...
Eocycle receives over $3 M in government funding
News Latest news about wind energy technology Eocycle is pleased to announce it has received a contribution of $1.5 M from Economic Development Canada. This is in addition to the $1.7 M in loans and grants received earlier this year from Investissement Québec...
Eocycle expands its certifications and enters new markets
Eocycle’s flagship EO25 direct drive wind turbine has achieved three significant new certifications, supporting the company’s expansion in several markets.
Eocycle closes financing of $1.6M
On the heels of the highly successful launch of its second generation wind turbines, Eocycle is pleased to announce the closing of $1.6 million of new financing. The completion of this offering takes the combined form of a loan from Investissement Québec (the financial arm of the Government of Québec) and a grant from the Ministry of Economy, Science and Innovation in Québec.
Eocycle tops in innovation, wins first prize
On Thursday, October 20th, Eocycle was awarded 1st place in the Innovation category at the Inventing the World of Tomorrow competition.
Power curve certification completed; Eocycle small wind turbine is the most efficient in the world
Eocycle has achieved an important milestone in the launch of its next generation turbines. The EO25 wind turbine has obtained a certified power curve in accordance with the IEC 61400-12-1:2005 standard. The results are impressive. The new wind turbine provides a 65% increase in energy production over the similar model from the previous generation. No other small wind turbine in the market can match its efficiency. At 6 m/s, the turbine has a certified capacity factor of 44%, resulting in an annual production of more than 87,000 kWh.
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