Vestas Ventures Makes First Investment With Stake in Wooden Tower Start-Up

By [email protected] Wind turbine market leader Vestas has revealed the first investment made by its venture fund with a stake in Swedish wooden wind tower start-up Modvion.

Modvion builds wind towers from sections of specially prepared wood laminate panels. As well as being lighter, the modular nature means transporting the towers to the construction sites is far easier.

As onshore wind turbines increase in size beyond the 6-megawatt mark, hub heights and towers will need to grow too. If successfully commercialized, Modvion’s solution would solve the transport problem, while also replacing carbon intensive-steel with what could be a carbon-negative alternative.

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