Markets

Key Markets

According to the US Energy Information Administration, wind generated an estimated 691,000 megawatthours per day (MWh/d) of electricity in 2017, which is expected to rise to an average of 705,000 MWh/d in 2018 and 765,000 MWh/d in 2019. If project conditions hold, 2019 will be the first year that wind generation exceeds hydropower generation.

WindShark wind turbines address several markets that have demand for affordable recreational or off-the-grid power supplies, not only in North America but the Asia-Pacific, Europe, South America, and Africa regions:

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CANNABIS FARMING

One of the most exciting opportunities for applying WindShark’s technology is in California’s emerging regulated cannabis market place where indoor growers must comply with environmental laws regarding renewable energy sources. WindShark can help to achieve this and dramatically lower the cost of running a greenhouse or indoor-grow facility.
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RECREATIONAL VEHICLES

The perfect low-profile solution for more than 9 million RVs. RV shipments for 2017 totaled 504,599 units, an increase of 17.2% compared to 2016. The growth this year makes eight consecutive years of wholesale shipments growth since the industry has bounced back from effects of the Great Recession.

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OUTDOOR ACTIVITIES

Make power at walking or biking speed to provide power for small electronics. Hiking and outdoor equipment is a $4 billion dollar industry, and one that's always looking for new innovations and enabling access to new frontiers.
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BOATING

Generate power or top off batteries while under way or in remote areas. Over 87 million U.S. adults participate in recreational boating, using a boat for (sports) activities such as fishing and water skiing and/or to travel. The total value of recreational boats sold reached over $3.6 billion in 2016.

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RESIDENTIAL, INCLUDING CABINS AND COTTAGES

Silent operation and no tower requirements. Consulting company Accenture forecast that 12% of American households will be off-grid by 2035, and 11% in Europe.
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ELECTRICAL VEHICLE CHARGING STATIONS

Powered by as little as the wind of passing traffic. A 2017 report from University of Michigan researchers using data from the Department of Energy suggest that there are now about 16,000 public electric vehicle charging stations. About 130,000 new electric vehicles (EVs) hit the road last year, a 700% jump since 2011.

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OIL AND GAS INDUSTRY

Providing sufficient power in remote locations is a critical aspect of the oil and gas industry, which is a $100 billion-plus market. Like other industries, they're looking for "green" solutions to mitigate their CO2 emissions.
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DEVELOPING COUNTRIES

Eliminates the need for costly and time-consuming grid development. Current estimates are that nearly 2 billion people live off-grid worldwide—all of them could be potential users of affordable, easily deployed WindShark units.

Wind Energy Facts

  • In 2016, wind supplied about 6 percent of U.S. electricity, and 14 states now get more than 10 percent of their electricity from wind.
  • Between 2014 and 2016, U.S.-based small wind turbine manufacturers accounted for more than $240 million in small wind turbine export sales.
  • American wind energy almost doubled from about 120 million megawatt hours generated in 2011 to more than 226 million megawatt hours in 2016.