in News Departments > New & Noteworthy
print the content item

Real Logic Inc., a company that specializes in alternative transportation vehicles, will launch an energy division that will include a wind energy component.

"The new division will focus on clean, renewable wind energy as an important aspect of the company's 'green' concentration to reduce fuel emissions, global warming and fuel byproducts attributed to traditional energy sources," says Brad Tolley, Real Logic's CEO. Real Logic is in negotiations to acquire wind turbine companies located in Europe, the company says, adding that the company expects to make an announcement in the near term, subject to final negotiation.

"Another important element of our energy developmental plan is to conclude negotiations with a foreign company which has expressed interest in our manufacturing plant location currently under contract," Tolley says. "They are interested in utilizing the property for turbine manufacture in the U.S. Management believes this opportunity fits well into our comprehensive plan of developing the property as a campus for emerging technologies for green, environmentally responsible, energy production."

IOWA Economic Development id2073

Trachte_id2056
Latest Top Stories

More Investors Entering Tax Equity Market; Returns Holding Steady

The entry of new tax equity investors to the wind space last year re-ignited an old debate.


Report: Top 10 Turbine OEMs Had Record Year In 2014

Preliminary findings suggest Vestas reigned supreme again among the world's leading wind turbine makers. How did some of the other OEMs fare?


AWEA's Gramlich To FERC: Additional Transmission Needed Regardless Of Clean Power Plan

To further build a more balanced and reliable electricity portfolio, the U.S. needs to build more transmission capacity.


Getting A Grip On Grinding Gearboxes: Why Such Events Need Not Be Showstoppers

Despite advances in gearbox reliability - namely, from condition monitoring systems and greater design standardization - challenges remain.


How Wind Energy Can Meet EPA Clean Power Plan Requirements

According to the American Wind Energy Association, wind power is a cost-effective solution for complying with the environmental effort.

Hybrid Energy Innovations 2015