When Granard-based company AirSynergy revealed its new wind turbine design recently, the industry sat up and took notice.
The company, which was founded in 2008, has kept a low profile until now, but news of its first product entering production has spread quickly.
“This turbine halves the cost of generating wind power,” the company’s CEO, Jim Smyth told the Longford Leader. “It’s quieter, smaller and requires less infrastructure. It also has less visual and acoustical impact than existing designs, and will be up to 30 per cent cheaper than electricity from the National Grid.”
And while the current product is marketed towards domestic use, Smyth is confident the design can be scaled upwards for commercial electricity generation. “There is no problem scaling-up the design,” he said. “In about three or four years, we hope to have a larger version available which can produce up to one megawatt of power.”
As well as being the company’s CEO, Smyth - a qualfied engineer - is also the lead designer on the project, and like m many other groundbreaking designs down through the age s, he stumbled across it unintentionally.
“I was actually looking to get a turbine for my own home,” he explained. “I was looking through different products over a few drinks and reckoned I could improve the airflow.”
That thought lead to the patented design the company filed after its formation. In a seal of approval for the company’s technology, renowned economist Eddie Hobbs and ex-Setanta Sports and Quinn Insurance CEO, Colin Morgan joined the board, and it is clout such as this which has helped earn AirSynergy its first major licencing agreement with Aris Renewable Energy, who will manufacture and distribute the company’s wind turbines in the eastern USA.
“With our business model, we will licence the design to partners around the world,” Smyth explained, before adding that AirSynergy expects to sign “five or six” more such deals in the near future.
AirSynergy currently employs 12 people at its Granard headquarters, but according to Smyth, more positions will open up soon. “We’re looking at adding at least four or five more staff members to help manage our projects,” he said.