Marquiss Wind Power acquires Cirrus Technologies
Folsom, Calif.-based Marquiss Wind Power, a manufacturer of roof-top wind turbines, has scooped up Carson City, Nev.-based Cirrus Technologies, a player in the small wind sector. The holder of 7 patents, Cirrus is testing its turbine technology for a major utility.
Founded in 2006, Marquiss Wind Power currently sells 2 versions of its ducted wind turbine, Aeropoint, to business customers. The two models, AeropointT500 and AeropointT1000, generate 5 kW and 10 kW, respectively. A third version,… Continue Reading
Iberdrola commits $8B investment to U.S. cleantech sector
Spanish utility and renewable heavyweight Iberdrola has revealed that it will invest a hefty $8 billion in the American cleantech sector over the next 3 years. Though it plans on focusing most of its investment activities in the U.S.’s burgeoning wind sector, it also hopes to gain a foothold in the country’s other clean energy markets.
Iberdrola chairman Ignacio Sanchez Galan said he considers the U.S., with its growing interest in renewable energy and ideally flat… Continue Reading
Marquiss Wind Power raises $1.3M for roof-top turbines
Most wind turbine manufacturers stick with giant, commercial-scale turbines, but Marquiss Wind Power is trying to popularize a roof-top turbine suitable for use by ordinary businesses.
The company’s “ducted” wind turbine looks a bit like a 19 foot tall box fan. Despite its clunky appearance, it’s capable of re-orienting itself according to the direction of air flow, while the ducting is intended to increase wind speed as it approaches the blades.
At the moment, two models are… Continue Reading
Velocity Venture Capital closes $15M Sacramento-area fund
The $15 million fund, aimed at seed and early-stage investments near Sacramento, Calif., about a two hour drive from Silicon Valley, will be Velocity Venture Capital’s second. The firm says it typically makes placements ranging from $100,000 to $3.5 million.
Investments from Velocity’s first find include Freepath, a company working in the presentations market a la PowerPoint; Marquiss Wind Power, a maker of commercial wind turbines; and Razor Audio Solutions, an entertainment company. In all, the… Continue Reading