Energy derived from wind is growing at an annual rate of thirty percent and is in wide use throughout North America. At Folium Energy, we understand that sustainability is provided through different means depending on the most abundant local resources. Because of this, Folium Energy has begun development on several wind energy facilities across North America.
Wind has been used as an energy source since the beginning of time. The global potential of wind energy is believed to be forty times the current global electricity demand. Wind power is renewable and produces zero greenhouse gas emissions.
Modern wind turbines range from 600 kilowatts to 5 megawatt in nameplate capacity, although 1.5 to 3 megawatt rated turbines have become most common in commercial and utility use. The power output of a wind turbine is a function of the cube of the wind speed, so as wind speed increases, power output increases considerably. Areas with stronger and more constant winds, such as offshore, high altitude and flat sites are preferred locations for wind farms. Typical capacity factors for these sites are twenty to forty percent, with values at the upper end of this range for the most favorable projects.
Folium Energy and its partners currently have involvement in over 1,000 megawatts worth of wind energy generation facilities.