Bill Gates-Backed Airloom Energy Redesigns Wind Turbines with Revolutionary Roller-Coaster Design
Oct 13
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Airloom Energy's roller-coaster-style wind turbine design secures USD 13.75M in funding, aiming to reduce costs and navigate height restrictions in areas like military bases, airports, and mountains.
Airloom Energy Inc, a start-up backed by Bill Gates and the US Department of Defense, has secured $13.75 million to develop a novel wind turbine design that uses a roller-coaster-like track to harness wind energy. The company aims to test its pilot system in Wyoming next year. The system’s wings are propelled by wind, moving along a track that powers generators. This innovative approach is expected to lower construction and transportation costs, according to CEO Neal Rickner.
Reducing Costs, Not Power
While Airloom’s system is 10 to 30 meters tall, compared to traditional wind turbines that stand at 100 meters, it generates slightly less energy due to lower wind strength near the ground. Despite that, the system is estimated to produce energy at one-third of the cost of conventional turbines. The company aims to address key permitting and cost challenges plaguing the wind sector, including grid connection delays and height restrictions at airports, mountains, and military bases.
Future of Wind Energy
As the US Inflation Reduction Act and new tax credits kick in, the wind energy market is expected to surge, potentially doubling US wind energy capacity by 2035. With a $1.25 million investment from the Department of Defense, Airloom’s design could prove beneficial for military bases and other areas with height limitations, providing a less obstructive and cost-effective alternative to traditional turbines.