Strategic Alliances for Regions or Functions
Early in 2014, WHI secured a strategic alliance with Technip, the French Engineering/Procurement/Construction firm. Technip reported revenue of Euro 9.3B in 2013, and completed their due diligence review of WHI Vertical Axis Wind Turbine Systems (WHI VAWT Systems) the same year. Technip’s commitment to support WHI VAWT Systems enables developers to work with an established global engineering firm that has thoroughly reviewed the build out requirements.
An advantage of WHI VAWT Systems low-tech approach is that local qualified manufacturers may qualify to produce turbines in country, creating local jobs and eligibility for economic development. This also reduces the transport footprint for Climate Change concerns. For example, in Southern Australia, the auto manufacturers have moved many plant operations to other parts of Asia, and a large pool of skilled workers are unemployed or underemployed.
Strategic relationships with local, state, and national governments who are seeking to mitigate the job loss have an interest in agreements that will bring manufacturing jobs to the region and also enable installation/operations/maintenance to create additional long-term jobs. Strategic relationships with local manufacturing firms to produce the turbines locally are a win/win/win as more power is produced by local resources.
Wind Harvest International is also entertaining regional license agreements for qualified developers.