Wind Power Funding | Renewable Energy Finance

Wind power funding | Wind Farm Project Finance available | Prestige Capital Partners Wind energy is the motion of air molecules driven by the Earths rotation this causes difference in atmospheric pressure. The term “wind power” describes the air flow that generates mechanical power.

Wind Power Technology

We have been using wind power for various reasons since ancient times. In the Middle East, buildings have been specifically constructed to act as windcatchers for ventilation. Windcatchers can be used to manage airflow in and around buildings and harnessed in different ways: uni-directional, bi-directional, and multi-directional. The construction of a windcatcher in architecture depends on the direction of airflow at that specific location.

Further developments in wind power technologies has allowed us to build larger, robust equipment. This has enabled humans to explore far off lands through ship building and prosper through agriculture – wind mill technology.

Wind Power As An Energy Resource

One of the greatest inventions in human history using wind power is windmill technology. Windmills have many uses such as pumping water, and powering electrical generators. Windmills are commonly seen throughout Europe, particularly in The Netherlands but different adaptions worldwide.

Wind Power Turbines

Nowadays, modern wind turbines and multi-blade wind turbines are used in favor of windmills. Reaching to heights of 30 meters wind turbines can generate power from the fast moving air flow. Wind turbines constructed on commercial land suitable to the production of electrical power. The turbines are seen as a stand alone objects, the blades move when wind force reaches at least 12mph this means that wind turbines are capable of producing 50 to 300kW. As the wind turns the blades, the energy created as a result of strong winds is transmitted down the shaft of the turbine into a generator. Instead of being fed immediately through power lines, facilities on wind farms can store electricity. Electricity can be stored in a number of ways in these plants; battery, compressed air and in hydrogen fuel tanks.

Wind Farm Loans

There are ways to maximise your chance of getting wind power funding. Funders want to see the company has been registered and has relevant licenses and acknowledges local regulations, commercial land purchase suitable for installing a wind farm plant and a Power Purchase Agreement (PPA). The more factual and indepth the business plan is, the better your chance of getting a loan.

Aerodynamics

As well as harnessing and utilizing wind power, aerodynamics has been a breakthrough in technological innovation. There are many studies and research being done to see how the motion of air travels through and around solid objects. Major companies gain insight to understand how airflow moves around objects and what effects air flow has on different materials. Aerodynamic research has had a huge impact on different transport systems. Trains, cars and aeroplanes have become faster and have become more efficient  thus reducing fuel consumption.

Wind Force

Wind energy can be very destructive, every year land is lost due to soil erosion. It is important that engineers study the effect on high wind speeds on built environments and the effects it has on bridge, tall buildings and other infrastructures. The Enhanced Fijita Scale (EF Scale) classifies the the strength of tornadoes (Hurricanes) in it’s destructive power. The Earth has a natural air current which flows around both Northern and Southern hemispheres known as the “Polar jet stream”.

This video demonstrates the polar jet stream which can travel at speeds of 100 miles per hour (160 km/h) and more.  The fastest winds are coloured red and slower winds are blue. – Via Wikipedia

Get Wind Power Funding For Your Wind Farm

Today as we have greater awareness in climate change, it’s common to see small wind farms to large wind power plants. Climate change is a concern for many communities worldwide. There is a greater awareness of the need to produce more economic, environmentally friendly products  that can operate using renewable energy sources. There is a demand for new technologies to change the way we live, many financiers want to fund wind projects and other renewable energy projects.

 

Wind Power Funding | Renewable Energy Finance was last modified: July 13th, 2017 by Denise