Analysts at Bloomberg New Energy Finance conducted research that proves that yearly investment in uprising renewable power sources is on track to rise “anywhere from two and a half times to more than four and a half times between now and 2030.” The most realistic scenario would be a jump of 230% (meaning growing up to $630bn per year by 2030) because of factors such as new technological innovations for wind and solar energy products. Also, there will be an increase in the roll-out of constant clean energy sources such as hydro, geothermal, etc.
Certain companies such as Sauer Energy Inc (OTCMKTS:SENY) have used technological innovation to make cost-efficient renewable energy products. The company’s first product is called the WindCutter, a product with five airfoil blades that use the principle of lift to rotate the shaft and is pole mounted, also known as the Darrieus principal. Sauer Energy Inc. also looks to manufacture their already-patented helixical WindRider model. This product will be a vertical axis wind turbine that uses the HelixWind(R) technology bought in 2012. The company is also planning on offering the WindCharger(R) brand turbine to mount the product to roofs of small buildings.
Here’s a look at what Dieter Sauer, CEO and President of Sauer Energy Inc (OTCMKTS:SENY), had to say when launching the WindCutter(R): “This is great news for our Company! We can stand behind a proven product with the highest confidence. We can enter the market with years in development and factual net test results, which is something our customers and shareholders need and want. Our team deserves credit for their diligence and tenacity. Everyone at SEI is very enthusiastic about bringing this innovation to the next level with integrity.”
On Monday, SENY saw impressive gains after opening at $0.025 and rising 55.6% to its HOD of $0.0389. Also, SENY saw a heavy trading volume at 7 million shares when comparing it to the daily average of just 632 thousand shares. Over the last 90 days, SENY has been volatile seeing lows of $0.04 and a 450% difference to highs of $0.022.