Options allow customers at any stage of development to easily take advantage of remote sensing for wind data.
SOMERVILLE, Mass., Oct. 5, 2010 – Enabling a wide range of wind energy companies to measure hub-height wind speeds by employing highly reliable and dependable remote sensing systems in their wind resource assessment studies, Second Wind announced today a new, flexible leasing program for its Triton® Sonic Wind Profiler.
The leasing program, operated through newly-established Second Wind Financial Services, is the first manufacturer-supported third-party leasing program for remote sensing. Second Wind will also rent Tritons directly to customers for time periods as short as one month and as long as twelve months.
“This program is all about empowerment and value,” says Larry Letteney, Second Wind’s CEO. “Our goal is to streamline the development of wind energy. This means giving wind farm developers access to industry-leading technology to get their sites approved and working as soon as possible. Rental and leasing gives growing companies the tools to use industry best practices, while managing their cash flow.”
Second Wind’s Triton is a ground-based remote sensing system. Triton uses sodar (sound detection and ranging) technology to measure wind up to and above the 140-meter blade tip height of current utility-scale wind turbines. Designed for wind energy applications including wind resource assessment, micro-siting of wind turbines, and ongoing monitoring of wind conditions on working wind farms, Triton has been in commercial use since April 2008 and is the wind power industry’s market-leading remote sensing system.
“The Triton leasing program has given us a competitive advantage,” said Greg Zupkus of BNE Energy, a Connecticut-based wind developer serving the business and residential markets. “We love the mobility of the Triton, and through leasing, we have a larger remote sensing fleet than many big developers.”
The Triton leasing program is for developers who want to finance purchase of a Triton, or who want to use it for a year or more. There is little or no up-front cash investment. Customers may secure up to 100 percent financing; the program also provides tax and accounting benefits. The Triton rental program is an alternative to leasing for periods of less than a year. Customers who choose to keep the Triton at the end of the rental period may apply a percentage of their rental payments to the purchase price.
For more information about Second Wind and the Triton Sonic Wind profiler as well as leasing or rental options, visit www.secondwindfinancialservices.com.
About Second Wind
Second Wind develops wind measurement systems that make wind power pay off for consumers, investors and the environment. The company’s technology provides wind farm developers with the bankable wind data they need to plan, finance and operate highly efficient wind generation facilities. Second Wind’s systems are making wind farm development profitable in 50 countries on seven continents. Second Wind’s systems include the wind industry’s leading remote sensing system, wind data logger and web-based data service. For more information about Boston-based Second Wind, please visit www.secondwind.com.