Optiwind Energy

Optiwind was a venture backed start-up that developed a new class of wind turbine with a simple purpose - to deliver commercial scale, on-site electricity for an unsubsidized cost that is lower than the local grid. Beginning in 2007, the company designed and built its first full scale prototype in Connecticut and developed a licensing model to distribute this breakthrough technology around the world. With a focus on commercial and institutional customers, Optiwind's 300kW wind turbines were designed to produce up to 1,000 MWh of power per year and due to their ultra low cost, ease of installation, and limited service requirement, could even be installed in remote areas with relatively low wind speeds where power wasn't previously available. Among others, Optiwind was been backed by DSM Ventures, Centripetal Capital, Connecticut Innovations, and Charles River Ventures. Optiwind closed in February, 2013.