Waitlist
Wind Harvest’s original offering opened on March 28, 2024 and was completed on April 29, 2024. Except for the Updates section which may contain more recent information, the information on this page was accurate as of April 29,2024. To keep up with the company and any future opportunities visit https://windharvest.com/investment.
Early Bird Discount
Investors who participate in the offering on or before 5:00pm April 29, 2024 U.S. EST will receive a $0.01 early bird discount (approximately 14.3%) and be able to invest at a purchase price of $0.06 per share, which equates to a $15,358,900 pre-money valuation. Investors who participate in the offering after 5:00pm April 29, 2024 U.S. EST, will be able to invest at the normal purchase price of $0.07 per share, which equates to a $17,918,717 pre-money valuation.
Introduction
Join us to bring a new energy source to the world. Invest in our collective future and power the world with efficient renewable energy.
Transforming the Wind Energy Landscape
Over 18% of wind farms are located where mid-level wind accelerates over ridgelines and through passes. Here, the wind becomes so turbulent that traditional turbines cannot use it, leaving a rich resource waiting for a new technology.
Our engineers’ genius innovations created an industrial-scale turbine designed to capture turbulent mid-level wind below 100’. The vertical alignment, two connections between each blade and the mast, unique extruded aluminum blades, and sturdy hinges, which take the brunt of the 15 million annual revolutions, are the keys to its durability.
Currently, the lifespan of a large wind turbine is about 25 years. Ours boasts a 70+ year service life and their all steel and aluminum components are 99% recyclable.
Our Mission: Massively Increase Renewable Energy with Cost Effective and Long Lasting Turbines and IP
Our Wind Harvester™ turbines can be quickly installed in wind farms' understories. Rows of additional short turbines increase a project’s energy output and profitability. This is a rapidly growing $400 billion market.
It is less expensive to add an understory to wind farms than to develop new land in places like California and Hawaii. Our solution reduces regulatory hurdles, reuses roads, and can create cost-saving, energy-expanding synergies between the tall and short turbines.
Millions of short, new turbines that last almost 100 years provide great value to current and future generations. They can produce clean, ever-cheaper electricity while doubling the use of precious land.
Our Vision
We have a vision of our own brand of vertical-axis turbines that harness the abundant and underutilized mid-level wind resources. We anticipate other companies will pay Wind Harvest royalties to license our patents, which helps quickly build out this massive new market.
Our two immediate objectives are to:
- bring the Wind Harvester 4.0 through the penultimate step in the commercialization process, third-party certification. (Technology Readiness Level 8)
- finish filing and perfecting our patents.
Success to Date
- Raised over $20M in equity capital.
- Filed seven key patents, with more in progress, crucial for creating durable vertical axis wind turbines for near-ground turbulence.
- Projects currently in the development pipeline.
- We believe we are poised to become a leading technology developer for mid-level wind turbines.
- Achieved Technology Readiness Level 7: Full-scale prototype tested in industry-standard turbulent conditions.
- Wind Harvester 4.0 design is complete. Suppliers await funding to make the components. The UL Advanced Wind Turbine Testing Facility is ready for certification and delivery of the energy to the grid.
- Our patents create significant reasons for future competitors in the vertical axis wind turbine market to license our IP.
The Problem: Why Mid-Level Wind Matters
The untapped potential of mid-level winds is a gift from Mother Nature the world needs.
Over 18% of wind farms are situated in places where mid-level wind speeds are excellent. Here, the resource is too turbulent for traditional wind turbines. This is a missed opportunity to tap a powerful renewable energy resource.
On top of that, tall turbines are not permitted on numerous windy sites. With their imposing heights of 300 to 500 feet, these turbines can face regulatory delays or be stopped completely. Large turbines can have significant impacts on aesthetics, aviation safety, road integrity, and legal easements. These daunting barriers have left vast amounts of wind energy perpetually out of reach until now!
Our Solution: Compact, Long-lasting, and Environmentally Friendly
Our short, tightly-spaced turbines survive and thrive in the gusting wind that swirls through the understories of wind farms beneath the tall turbines. Wind Harvesters can do this because:
- They have two arms per blade connected to a vertically aligned mast, while propeller-type turbines have one connection from the blade to a horizontally aligned drive shaft.
- The Company’s new patents of hinges, hexagonal mast and other components make it possible for this vertical axis turbine to handle gusting, turbulent wind for 70+ years with regular refurbishing.
Our prototypes and field-validated “aeroelastic” modeling prove Wind Harvesters’ effectiveness and durability. These relatively simple but genius machines have advantages:
- Innovative Design: Our seven patent-pending innovations save costs and boost energy output.
- Local Manufacturing for Global Impact: We prioritize local component manufacturing, supporting job creation and public approval for Wind Harvester projects globally, including islands like Barbados.
- Wildlife-Conscious Engineering: The three-dimensional shape and slower-moving blades of vertical axis wind turbines are more visible and safer for birds and bats.
Sustainable and Durable:
- Our turbines are 99% recyclable.
- Modeling predicts their galvanized steel towers and rotors, mass-produced aircraft-aluminum blades, and concrete foundations should last 70+ years.
- Generators, bearings, power converters, and a few other components need refurbishing or replacement every 20 years but the rest of the turbine components last for generations.
Projects in Discussion
Rio Vista Resiliency Project, Solano County, California
This possible 1-16 MW, $4-$50 million project would combine our turbines with solar and battery storage and significantly increase electrical reliability in the nearby town of Rio Vista. The wind blows most nights from spring through summer. It is a near-perfect place to create a sustainable supply of clean, local electricity.
A few miles away are 1000 MWs of wind farms. A recent report estimates that 5000 MWs of vertical axis turbines, worth over $10 billion, could be installed beneath the existing tall turbines.
St. Lucy, Barbados
With over seven years of investment in Barbados, we are well-positioned to bring our Wind Harvesters to the island. The locations for tall turbines are limited, with only one small project having been installed. Some of the largest tracts of open land in the windiest parts of the island are owned by the government, and they want short VAWTs for projects there. After a review of the turbine’s drawings by the steel fabrication facility on the island, we estimate that 50% of the labor involved in fabricating and assembling our turbines can be done there. Our turbines promise to be a many-level win for Barbados and other island nations.
Business Model
We design, contract out the manufacturing, sell, warranty, and provide service agreements for our turbines. We should make most of our gross income selling Wind Harvester turbines.
We expect that regional renewable energy developers around the world will become distributors and then manufacturing licensees of our brand and models of Wind Harvester turbines. They are the experts on developing energy projects in their countries and areas. This tried and true strategy reduces the cost of direct sales and puts trusted, respected companies as the local sales agents.
Besides selling the Wind Harvest brand of short vertical axis wind turbines, the Company plans to license its patents. Others are expected to compete in the newly opened mid-level wind markets. We believe they will save money licensing our patents for hexagonal masts, interior blade design, hinge connections, and support braces. These innovations are crucial to making simple, easy-to-make, efficient, and highly durable turbines for turbulence.
We are also developing our own projects to potentially ensure that they are sales-ready in 2025 and 2026. We plan to continue to have a project development arm of the company, which may generate additional net income for the company.
Market
Maximizing Wind Farm Potential
At Wind Harvest, we specialize in harnessing the untapped potential of wind farm understories. Our innovative Wind Harvesters are designed to complement existing and new wind farms without impacting tall turbines. With "Capacity Factor Enhancement" projects, we aim to increase the energy output of wind farms by 10% to 25% without adding new transmission lines and infrastructure. These Wind Harvester projects promise to be the least impactful, most straightforward to permit and construct, and in places like the understories of California’s wind farms, produce the lowest cost renewable energy of any option.
Tailored Solutions for Distributed Energy Developers
We're targeting distributed energy project developers with projects ranging from 500kW to 10 MW. Our development pipeline is poised to create one of the first permitted and constructed projects in this niche. Our focus is on customers who have abundant wind resources near the ground but face challenges in installing tall turbines due to visual impact, size constraints, and accessibility issues.
Empowering Local Economies and Sustainable Development
Our approach is especially beneficial in countries like Barbados, which boast rich mid-level, “trade wind” resources but are unable to utilize tall turbines. By enabling up to 50% of our turbine manufacturing to be done locally, we plan to offer a significant boost to the local economy and a substantial political advantage. Wind Harvesters present an innovative solution that aligns with the needs of local communities and advances sustainable development.
We’d love to have you as a shareholder. Please join us.
Press
- Daily Republic
Davis wind energy firm looks to shorten power demand - Bakersfield Californian
New turbine design proposes to capture more of Tehachapi's wind - North American Clean Energy News
The Nearness of Wind - Windpower
How to harvest plentiful low-level winds on existing wind farms
Team
Executive Team and Board Members
Leadership Team
Team Members
Be Part of the Renewable Revolution!
This is more than an investment in a company; it's an investment in the future of our planet. Join us in harnessing the power of the wind like never before. Together, we can make renewable energy more accessible, efficient, and sustainable.
Support Wind Harvest International Inc. today – for a cleaner, greener tomorrow, and for the opportunity to invest in a privately-held, pre-IPO company with a technology that should open the best wind resources areas in the world to increased energy production.
Use of Proceeds
If the offering's maximum amount of $2,500,000 is raised:
Use | Value | % of Proceeds |
---|---|---|
Turbine Components, Shipping, & Assembly | $770,000 | 30.8% |
Installation & Foundations | $55,000 | 2.2% |
Security Deposit on Turbine Installation | $50,000 | 2.0% |
Blade Extrusion Die and Tools | $50,000 | 2.0% |
Engineering and Patents | $460,000 | 18.4% |
Project Development | $70,000 | 2.8% |
Sales and Marketing | $70,000 | 2.8% |
Debt Reduction | $405,000 | 16.2% |
Advertising for Crowdfunding | $330,000 | 13.2% |
General & Administrative | $117,500 | 4.7% |
Intermediary fees | $122,500 | 4.9% |
Terms
This number includes all funds raised by the Company in this round on Netcapital. This is an offering of Class A Common Stock, under registration exemption 4(a)(6), in Wind Harvest International, Inc.. This offering must reach its target of at least $10,000 by its offering deadline of April 29, 2024 at 11:59pm ET. If this offering does not reach its target by the offering deadline, then your money will be refunded.
If the offering is successful at raising the maximum amount, then the company’s implied valuation after the offering (sometimes called its post-money valuation) will be:
Financials
These financial statements have been audited by an independent Certified Public Accountant.
SEC Filings
The Offering Statement is a formal description of the company and this transaction. It’s filed with the SEC to comply with the requirements of exemption 4(a)(6) of the Securities Act of 1933.
We’re also required to share links to each of the SEC filings related to this offering with investors.
Understand the Risks
Be sure to understand the risks of this type of investment. No regulatory body (not the SEC, not any state regulator) has passed upon the merits of or given its approval to the securities, the terms of the offering, or the accuracy or completeness of any offering materials or information posted herein. That’s typical for Regulation CF offerings like this one.
Neither Netcapital nor any of its directors, officers, employees, representatives, affiliates, or agents shall have any liability whatsoever arising from any error or incompleteness of fact or opinion in, or lack of care in the preparation or publication of, the materials and communication herein or the terms or valuation of any securities offering.
The information contained herein includes forward-looking statements. These statements relate to future events or to future financial performance, and involve known and unknown risks, uncertainties, and other factors, that may cause actual results to be materially different from any future results, levels of activity, performance, or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties, and other factors, which are, in some cases, beyond the company’s control and which could, and likely will, materially affect actual results, levels of activity, performance, or achievements. Any forward-looking statement reflects the current views with respect to future events and is subject to these and other risks, uncertainties, and assumptions relating to operations, results of operations, growth strategy, and liquidity. No obligation exists to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
More Info
Updates
- Apr 30, 2024Primary offering finalized, sellingshares
- Apr 29, 2024Closing today! We're closing in on $750K...
- Apr 20, 2024Breaking news: Thanks to investments through...
- Apr 15, 2024Reminder: Live Q&A TOMORROW April 16 @ noon...
- Apr 10, 2024We're so grateful to the investors who have...
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