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UK start-up hopes its kite power will take off in Brazil

October 09, 2013
by Stephen Kimbell
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A UK start-up, which is developing high performance kites to generate electricity, is heading to Brazil to explore business opportunities for its next generation wind technology in offshore wind and remote mining.

Kite Power Solutions’ patented technology uses two kites, similar in shape to the blade tip of a traditional wind turbine, flying in a circular path perpendicular to the wind to drive a generator based locally on the ground. The technology provides continuous power production and could “massively reduce” the cost of production and deployment of wind energy, compared to wind turbines. 

Read the complete article published by Greenwise, 9 October 2013

About the Author
Stephen Kimbell is a specialist in business strategy and deal doing. He is an investor, an entrepreneur and an experienced non-executive director. During his many years in the corporate finance world, as a lawyer, a company director and as an academic, Stephen has helped numerous companies achieve success.
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