Power of the Dream Ventures Commissions Second Phase of VITUKI Testing of RiverPower Prototypes
2008-04-04 09:48:00
Power of the Dream Ventures Commissions Second Phase of VITUKI Testing of RiverPower Prototypes
BUDAPEST, HUNGARY–( EMWNews – April 4, 2008) – Power of the Dream Ventures (PDV) (
announced that the Company has ordered a second round of testing at VITUKI,
Hungary’s Environmental and Water Management Research and Consulting
Ltd., of the Company’s RiverPower technology.
VITUKI houses Central-Eastern Europe’s largest water testing equipment.
RiverPower will be tested in a 70 meter long 1.5 meter wide channel. Rather
than moving water through a stationary device, the one fourth scale
prototypes will be moved in the water through the length of the canal. As
the connected vertical wheels turn, torque is transferred to a single shaft
where it is measured to determine potential power generating
characteristics of the device.
This second rounds of testing is aimed at enhancing and optimizing the
design of RiverPower, the end result of which will be an increase in
performance on the order of two to three times of the original machines.
Once testing completes, anticipated by the end of August, a full sized
machine is to be installed and river tested at a suitable location.
RiverPower is a proprietary, environmentally friendly, renewable power
generation technology aimed at converting the flow of rivers into
electricity without the need for expensive and environmentally degrading
dam construction. In order to generate electricity, RiverPower generators
are simply submerged into rivers and anchored to the riverbed. As long as
the river flow exceeds one meter per second, RiverPower machine will
generate electrical power economically.
About PDV
Power of the Dream Ventures, Inc. is a premier holding company focused on
technology acquisition and development enabling the delivery of
revolutionary concepts and ready to market products to the international
marketplace. We develop, acquire, license, or co-develop technologies that
originate exclusively in Hungary that are in prototype stage based on
existing patents; in prototype stage prior to patenting; existing products
that require expansion capital to commercialize; emerging science and
high-technology research projects that require help in patenting,
developing the product and marketing; University spin-off technologies and
ideas from the very early stages on that represent “disruptive
technologies.” For more information please visit our website at
Major Newsire & Press Release Distribution with Basic Starting at only $19 and Complete OTCBB / Financial Distribution only $89
Get Unlimited Organic Website Traffic to your Website
TheNFG.com now offers Organic Lead Generation & Traffic Solutions