Remote sensing demonstration event planned in Santiago; Geotek S.A. begins agreement by installing the Triton for Mainstream Renewable Power in Chile
SOMERVILLE, MASS. and SANTIAGO, CHILE, October 26, 2011 -- Geotek S.A., a Chilean installer of renewable energy generation systems and wind measurement systems, will be the first company to bring Second Wind's Triton Sonic Wind Profiler to the Chilean wind industry for use in advanced wind measurement applications for Mainstream Renewable Power.
"Mainstream has already had favorable experience with Second Wind and Triton. We chose Triton for our wind measurement program in Chile because it will be a reliable source of the hub-height data we need for our project energy estimates," said Josť Ignacio Escobar, Mainstream Chile's general manager. "Geotek S.A. has significant experience with wind measurement for Chile's wind industry, and we recommended them to Second Wind as a reliable service partner."
Geotek S.A. was founded in 2009 to provide support for Chile's renewable and green building industries. The company operates in both industrial and utility-scale renewables. With many wind resource assessments under their belt for wind farms that are projected to generate over 500 MW of power, Geotek S.A. is involved in a significant portion of Chile's planned wind farms. At the end of 2010, Chile had 172 MW of installed wind energy capacity; projects totalling 2,000 MW are in the development pipeline for 2012-2014.
Geotek S.A. will sell and service Second Wind's Triton® Sonic Wind Profiler and Nomad® 2 Wind Data Loggers. On November 9 in Santiago Geotek S.A. and Second Wind will co-host a remote sensing demonstration event showcasing the advanced wind measurement technology to leading players in Chile's renewable energy industry. Geotek S.A. has also been certified to install and maintain the Tritons.
Triton improves wind farm project financing by measuring wind data at the hub height of a turbine - data that is required as part of the wind farm project financing process and is difficult to obtain using meteorological towers. Using Triton - a self-powered system that operates autonomously - wind farm developers can obtain measured data that they could not get from meteorological towers, and can reduce uncertainty in their annual energy projection (AEP) estimates.
Geotek S.A. already sells, installs, and services small wind turbines, hydroelectric turbines, and solar energy systems, and conducts wind resource assessment projects. "By offering Second Wind's Triton to our customers, we are significantly expanding our offerings in the area of wind resource assessment and wind measurement," said Josť Manuel Lillo, Geotek S.A.'s business manager. "The Chilean wind industry will benefit from Triton's ability to be deployed in remote locations and measure critical hub-height data."
"Geotek S.A. is a dynamic group of renewable energy engineers and entrepreneurs with deep experience in the wind industry," said Greg Shambo, Second Wind Director of Major Accounts. "We are pleased to welcome them to the team of Triton service partners to support our expansion into the South American wind energy market -- and, more importantly, to support the growth of Chile's wind industry."
About Geotek S.A.
Geotek S.A. is a dynamic, entrepreneurial company whose goals is to promote energy efficiency and renewable energy for Chile's business and industrial sectors as well as its consumer market. Geotek S.A.'s team consists of engineers and spsecialists with extensive experience in areas such as electricity, electronics, hydraulics as well as wind, solar and geothermal. Geotek S.A. has experience in wind resource assessment and renewable energy design and implementation for industries as diverse as mining, hospitality, agriculture, and construction. For more information visit http://www.geotek.cl/.
About Mainstream Renewable Power
Mainstream Renewable Power is a global renewable energy company actively developing over 16,000MW of wind and solar projects across eight countries on four continents.
The company has highly experienced local teams developing wind and solar projects onshore in Canada, the US, Chile and South Africa. In December 2010 Mainstream won a 20 year offtake contract in Illinois as part of a competitive process and subsequently sold the 106.5MW project to Chinese wind turbine manufacturer, Goldwind.
In Europe, Mainstream is advancing over 7.6GW of offshore projects in Scotland, England and Germany comprising the 450MW Neart na Gaoithe project in Scotland, the 6,000MW Hornsea Zone in England and the 1,200MW Horizont project in German waters. For more information visit http://www.mainstreamrp.com/.
About Second Wind
Second Wind provides the wind energy industry with the intelligence required to plan, finance and operate highly efficient, profitable wind generation facilities. Second Wind's WindIQ™ initiative helps the wind industry transform data into insight, making wind information more valuable, accessible, and meaningful. Second Wind's integrated product and service offerings include SkyServe® web-based wind data service; the Triton® Sonic Wind Profiler; the ProMast™ 60 met mast; and Nomad® 2 Wind Data Logger systems. For more information about Boston-based Second Wind, please visit http://www.secondwind.com/.