Modvion manufactures modular wind turbine towers using laminated veneer lumber, a lightweight and strong engineered wood, to facilitate the construction of taller towers that capture stronger winds. This approach addresses the challenges of transporting and assembling large structures while significantly reducing carbon emissions compared to traditional steel and concrete towers.
Funding
$60.9M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Conventional wind turbine towers, typically constructed from steel and concrete, face limitations in height due to transportation constraints and the high costs associated with materials and construction. The use of these materials also contributes significantly to carbon emissions, hindering the sustainability goals of the wind energy sector.
Solution
Modvion addresses these challenges by manufacturing modular wind turbine towers from laminated veneer lumber (LVL), an engineered wood that is both lightweight and strong. This modular design facilitates easier transportation using standard trucks and simplifies on-site assembly, enabling the construction of taller towers that can harness stronger winds at higher altitudes. By using wood, Modvion's towers reduce the overall weight compared to traditional steel towers and offer a carbon-negative solution, storing more carbon than is emitted during production, transport, and installation. The increased height and reduced weight contribute to greater energy production efficiency and lower costs, making taller wind turbine towers economically viable.
Target Audience
Modvion's primary customers include wind energy developers, operators, and utility companies seeking to increase energy production, reduce costs, and improve the sustainability of their wind turbine projects.
Features
- Modular construction using laminated veneer lumber (LVL) for optimized strength-to-weight ratio
- Simplified transportation using standard trucks due to modular design
- Reduced carbon footprint compared to steel and concrete towers, resulting in carbon-negative construction
- Increased tower height for accessing stronger and more consistent wind resources
- Lower overall weight, reducing the need for extensive foundation work
- Potential for reduced material costs compared to traditional steel towers