FairWind Energy was incorporated on April 18, 2013. Through its proprietary
use of materials and manufacturing technique, FairWind Energy is developing
power sources drawing from renewable energy supply. We also use our trade secrets
and composite industry know-how to cross-market products into the oil &
gas extraction industry. Providing a reliable power source based on renewable
energies required us to address shortcomings of existing technologies ranging
from availability of supply (e.g., solar power at night) to quality of componentry
available (blades, stanchions, magnets). The hybridization of power sources
(solar and wind) and manufacturing with next generation composite materials
is our solution. Our fiscal year end is August 31, and we have no subsidiaries.
Our business offices are currently located at 32932 Pacific Coast Highway, #14-254,
Dana Point, California 92629.
Through proprietary use of materials and manufacturing technique, FairWind
Energy is developing power sources drawing from renewable energy supply. We
also use trade secrets and composite industry know-how to cross-market products
into the oil & gas extraction industry.
We are a development stage corporation and have not yet generated or realized
any revenues from our business. We are involved in the design, engineering and
manufacturing of composite products. The initial thrust of our business will
be to supply products to the oil and gas industry. These products will include
upstream production products such as sucker rods, fracking plugs, casings and
other products where high temperature resistance, chemical resistance and a
low weight to strength ratio products offer advantages to traditional materials
(e.g., steel). If we are able to supply products to the oil and gas industry,
then we plan to continue the development and sales of wind and solar hybrid
energy systems. These systems also benefit from the use of higher performance
materials (composites) and we will intend to incorporate them in product design
and development.
Providing a reliable power source based on renewable energies required us to
address shortcomings of existing technologies ranging from availability of supply
(i.e., solar at night) to quality of componentry available (blades, stanchions,
magnets). The hybridization of power sources (solar and wind) and manufacturing
with next generation composite materials was the obvious solution.
From years of experience in the composite industry, our principals have refined
the use of toughened resin systems ideal for the manufacture of structural and
exposed components. An example would be the turbine blade. A leading cause of
failure in wind turbines is the damage caused to the blades (even atop 100 meter
towers) from blowing debris and rocks. We use toughened resin systems and reinforcements
to eliminate this problem. The stanchion that supports the turbine and solar
panels is typically galvanized steel. Again, using composites materials, our
composite pole is stronger, lighter and non-conductive. Equally important, the
composite needs no galvanization to protect against corrosion, eliminating hazardous
waste products spent to the land, water and air.
A by-product of the use of toughened high-strength composites was the development
of high-tensile products for infrastructure. Our composite products can prove
good alternatives to steel and lower strength fiberglass/resin parts used in
down-well drilling and pumping. An investment in superior materials and manufacturing
technology allows for cross-marketing of these energy related products and from
a business strategy perspective provides some security against fluctuating markets
or reliance on single product lines.
The importance of the use of high quality material in the construction of composite
parts cannot be overstated. Of equal importance (with respect to wind power)
is the quality and design of the generator itself. Currently China supplies
95% of rare earth magnets – the key component of turbine generators. We
have already established relationships and have tested generator prototypes
of high quality from China. We are positioned to benefit from superior supply
lines of essential materials almost exclusively available offshore. This supply
challenge is now a Company asset.
We are an early stage company developing composite products for use in industries
that require higher material properties than might be had from typical composite
parts. Additionally, we are designing a small scale hybrid power source for
low energy use.
In a priority project, we are currently near developmental completion of a high
strength, high Tg (high temperature use) composite designed and intended to
be used in the oil & gas industry. Intended for use in the exploration and
production sector, we have manufactured nearly 5,000 feet of “sucker rod”
used to be use in connection with the extraction of oil and gas from underground.
The employed design uses proprietary resin systems that exceed typical temperature
use limits of competing thermosetting systems. Additionally, utilizing higher
tensile strength reinforcements, our parts can achieve higher operating loads,
allowing for superior performance. New designs for mechanical joints in the
rod string have also been completed. Significant testing has been completed
on the final design (and will be continuing). We believe that the testing marks
we have achieved to date are a result of the high performance materials and
architecture of the product.
Our intended business operations will be to make use of our proprietary resin
systems and unique composite architecture and apply that to other areas. With
proof of concept via physical and field trial testing in hand, we will proceed
to apply the proven benefits (see above) in other infrastructure projects. Two
examples that are currently in the examination stage, include pultruded power
poles suitable for supporting high voltage electrical transmission lines. Another
early stage endeavor is second generation composite strength members for cable
and conductor. As a replacement to more typical construction materials(e.g.,
steel, aluminum, concrete and even lower performing FRP) – we believe
that our composite parts mix the benefits of strength, weight, corrosion resistance,
non-conductivity and high temperature operation.
Another project in current development is a hybrid power generating system,
incorporating both solar and wind power. Initially, we have purchased wind turbines
and are in the process of combining them with solar panels. The first planned
demonstration project will be to power street/parking lot lighting. The potential
to independently operate off battery stored power, or to back-feed into the
grid is possible. After vetting the POC prototypes, we intend to combine already-established
supply chain lines for componentry with in-house manufactured composite elements
(e.g., see power poles above). This hybrid power project gives us some business
diversity, as well as a secondary market for our composite metrics.
A streamlined operation will initially support R&D and final development
of both product lines (hybrid solar/wind power generation products & oil
and gas pumping products and tooling). It is anticipated a facility of less
than 10,000 SF for initial years’ development, production and assembly
will adequately suffice. Composite blade prototyping and production and then
assembly with imported generators and solar panels would occupy approximately
4,000 SF of space. The method of manufacturing high strength lineal strength
members (sucker rods and down-well tubes) is referred to as “pultrusion”.
This automated continuous process requires relatively little manpower, produces
little waste and is considered the most efficient process in composite manufacturing.
The initial machinery requirement would occupy a similar 4,000 SF. Within 2
years and upon completion of prototyping and early sales of both product lines,
it will be our goal to expand domestically, as well as to consider foreign markets
and lower cost manufacturing sites.