VITAL DESIGN PROPERTIES ARE INCORPORATED TO OFFER FLEXIBILITY
At present, we are working on different verification steps to advance further, towards the market
First, we will update our SWE/EU patent to be followed by "on-going" worldwide patent application procedures through Swedish IP-authorities in Stockholm, Sweden. Our specific patent applications are intended for "Ocean-Current" energy extraction/solution/inventions. These ocean-current inventions as well as others will be held "in-house" by our GaiaTellus Organization. Subject projects were discussed as early as 2012 and then started Q2-2015 which also included other future related inventions/patents under development. We had during Q2 2015 a patent application successfully registered with the Swedish Patent Bureau Authority.
Ensuing verification steps entails a number of CFD calculations to determine resistance (cd) and a series of "in water" tests of the invention also related to efficiency, competitiveness and functionality. Initial tests have already taken place during Q2-Q3-Q4 2015. Further tests are to be conducted together with "RISE" at the Swedish testing facilities SSPA in Gothenburg, Sweden, was to be followed by tests offshore within EU no later than Q2 - Q3 2019, which was altered to Q2-Q3 2020. With COVID-19 further delays are now a reality. Pending expected, successful outcome of these tests once performed, design work will be initiated for a first "small" 1 MW commercial "pilot" platform including design and a pre-study "SSES" for an offshore temporary test platform, intended to validate performance and "scale-up" benefits in "vita reale" environment during Q4 2020 - now delayed further due to COVID-19.
During these our ensuing steps 2020 onwards, our application procedures will be established and aimed to be completed/approved in advance of deployment. This also includes a concession as well as getting environmental site approvals from involved, local, environmental authorities. This time span also includes handling transfer of energy to shore/cabling and related issues. During the time frame, when the pilot platform will be constructed, it is to be followed by Classification Society DNV-GL's approval procedure, including commissioning and deployment in Spain or at potential, alternative locations in EU or USA.
These steps mentioned here, will include completion of the detailed design & start up of construction of our first smaller "pilot" platform, which is now estimated to happen at a later stage than earlier advertised. With verification resulting in funding being confirmed, we will issue a press release, estimated to happen (Q3- 2019.) Size is, depending on location, currents & circumstances estimated to be from 1/10 to 1/20 scale of a full size platform. Subject platform will include same (but smaller scale) equipment as a full scale platform. Detailed design and a construction cost is estimated to be approximately 3-5 million EUR. A "proof of concept" platform needed to get to the market (for this type of renewable energy application) is at this price range, considered "very affordable" when compared to other renewable alternatives.
Based upon our own initial CFD platform analysis, carried out early during 2015, by D3 Applied Technologies located in A Coruña in northern Spain to confirms earlier calculations.Our inventions are thereby considered competitive. GaiaTellus Energy AB is together with our other invited corporations, partners and owners the potential, initial beneficiaries. Everybody else around the world will hopefully get a more sustainable a healthy planet to look forward to as a result of our efforts. We focus on getting these first steps within the energy sector completed as soon as we possibly can. To be started during this time frame, in order to rapidly grow the organization because it is no secret anymore - our planet needs to become much more sustainable and ASAP.
WE are convinced, that best support, technical assistance, knowhow and additional protection will be secured by us choosing to have extensions of EU / Nordic / Swedish Governments involved. Therefore, entities such as RISE – The Swedish Research Institute, "SSPA" and indirectly also Chalmers University together with Norwegian Classification Society DNV-GL will be involved at these early stages. Our potential, large as well as smaller Nordic Corporations are showing their interest in GaiaTellus product and our environment by indicating participation. These, by us preferred, good "CSR" corporations together with above mentioned affiliates, will hopefully prove to be good decisions and ensure best progress forward.
We obviously welcome any other good CSR Nordic corporations/natural GaiaTellus Energy suppliers "to be" as well as potential future partners to ask for information and do their own "due diligence" of our product, prior to us proposing any partnership and/or co-ownership.
(GaiaTellus is always looking for corporations with good "CSR" profiles.)