Canadian Grant for Vertical Axis Wind Turbine

September 4, 2003 [] McKenzie Bay International, reported that its wholly owned Canadian subsidiary, Dermond was awarded a CAD$349,750 non-refundable grant from the Quebec Government through its Conseil Regional de Development de L’Abitibi-Temiscaminque (“CRDAT”) Assistance Program. Dermond has designed a vertical axis wind turbine for electrical generation and is preparing to erect 100 kW version to demonstrate its wind turbine capabilities in targeted markets. Vertical Axis designs are a departure from traditional horizontal axis wind turbine design. McKenzie Bay is marketing the Dermond Wind Turbine as a key component of its WindStor electricity management system which is a complete system that combines self-generated renewable energy and electricity storage from a Vanadium-based battery.
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