Proven Energy recognized as small wind industry leader
Proven Energy is now recognized as one of the world’s largest manufacturers in the small wind turbine industry by the American Wind Energy Association. With over 5,800 kilowatts of wind turbine energy capacity sold worldwide in 2008, Proven Energy wind turbines are making significant contributions to carbon reductions, clean air improvements and overall environmental benefits.
A Scottish based company, Proven Energy manufacture 2.5kW, 6kW and 15kW sized wind turbines that can help reduce or eliminate electrical bills for home and business owners, schools, and municipalities. These types of wind turbines can also provide electricity for remote applications such as telecommunications sites operating in isolation of existing power. Known as robust and reliable, over 2,000 small wind turbines manufactured by Proven Energy are in operation worldwide.
According to the American Wind Energy Association’s most recent small wind turbine global market study, at least 219 companies manufacture, or plan to manufacture, small wind turbines in the world. The US market for small wind turbines – those with capacities of 100 kW and under – grew 78% in 2008 with an additional 17,300kW of installed capacity.
Ten percent of the turbines Proven Energy sold last year were in the United States, a key area for market development for the growing company. New incentives are helping to bring in a wave of new project development. A federal incentive signed into law by President Obama in February awards U.S. taxpayers with 30% of the cost for installing new systems by way of a tax credit through the year 2016. Commercial entities may be able to receive this incentive in the form of a grant for the next two years. Rural small businesses and agricultural producers may also qualify for a 25% grant towards Proven Energy wind turbine projects through the USDA funded by the Rural Energy for America Program. Additionally, many states have incentive programs that will lower small wind project costs even more.
Proven Energy wind turbines installed in good wind regimes can achieve payback in 5 years. Properly sited, the proven 6kW wind turbine can produce the same amount of energy consumed by the average four-person household in the United States, around 1,000 kilowatt-hours per month.
Already in 2009, Proven Energy has announced improvements that will support rapid market development including a new 5 year standard warranty, tower options up to 140ft and an increased distribution and installation network. As demand increases, Proven Energy is committed to bring production capabilities to the U.S. market.
For more information about Proven Energy small wind turbines, click here.