Eocycle gets $5.9M to develop greener wind turbine generator
SDTC funding to show viability of Transverse Flux Permanent Magnet technology.
LÉVIS, Que. — Eocycle Technologies is getting $5.9 million from a federal government tech fund to develop a generator that would reduce the capital and maintenance costs of wind turbines.
Eocycle Technologies, a designer and manufacturer of permanent magnet electric generators and motors for low-speed, high-torque applications in Levis, Que., will put the money from Sustainable Development Technology Canada’s SD Tech Fund to demonstrate the commercial and technical viability of its Transverse Flux Permanent Magnet (TFPM) generator.
The company notes current gearboxes add weight, increase system inefficiency and have high maintenance costs. Capital costs for wind turbines are also driven by the price of magnet, which increased approximately 400% between 2007 and 2011.
Eocycle says its technology has the highest electrical power per unit volume (20% to 25%) when compared to all competing technologies. Turbines will weigh 26% less and use 50% less magnetic mass, resulting in a generator unit cost reduction of between 25% and 35%.