News

More News from CGE Energy

Shareholder Update (February 22, 2023)

Posted

This Shareholder Update covers CGE's annual shareholder meeting scheduled for March 3, 2023 and CGE's ceasing to support the OTC Pink market.

CGE Energy Announces Issuance of U.S. Patent for the Innovative Installation Process…

Posted on in News

CGE Energy, Inc. (OTCPink: CGEI) announces that the United States Patent and Trademark Office (USPTO) has issued U.S. Patent No. 9,970,410 to the Company, entitled, “Installation and erection assembly for an elongated structure.” This patent covers the proprietary equipment used for the easy delivery and crane-less installation of CGE Energy’s WIND•e20® vertical axis wind turbine.

CGE’s newly issued patent covers a hydraulic installation frame, devised to support their WIND•e20® turbine (or other wind turbines or elongated structures) in a folded arrangement for transportation on a trailer, and to support assembly and erection of the turbine. This transport frame enables the turbine to be delivered on a flatbed truck and can lie flat for maintenance without the need of a crane. This diverges from the way traditional horizontal wind turbines are assembled after delivery, which typically require costly cranes for installation and repair.

“This unique patented technology offers easy turbine transportation using a single truck and trailer,” said Bryan Zaplitny, President and CEO of CGE Energy, as well as, one of the solution’s inventors. “The expansion of our intellectual property portfolio is an integral aspect of CGE Energy’s turbine development and commercialization strategy aimed at positioning the WIND•e20® as a first-in-class onsite energy generator.”

This patent adds to the list of other key patents that are owned by CGE, including the having a fluid driven turbine that generates power from wind blowing from any direction, its generator and primary
components located in the base of the turbine, and hydraulic locking joints within the turbine’s segmented blades, which allow them to collapse flat against the rotor.

CGE Energy’s strategic manufacturing partner for WIND•e20® is Roush, headquartered in Livonia, Michigan. CGE Energy is also working with Roush’s team to patent innovations that will make WIND•e20® an integral part of the community, bringing positive impact to communications, life safety, homeland security and emergency response.

View CGE Energy’s innovative process for WIND•e20® installation here: http://cgeenergy.com/winde20install

About CGE Energy Inc.

CGE Energy, Inc. makes it easy for businesses, local governments, and non-profits to receive the benefits of sustainable energy projects with no upfront cost. CGE hand-selects the very best facilities to partner with and turns their wasted energy into immediate and continuous savings for the customer. By uniquely selling sustainability-as-a-service, CGE’s proprietary Sustain business model delivers an exclusive combination of today’s best energy efficiency and sustainable energy generation technologies, including CGE’s exclusive WIND•e20® wind turbine.

To learn more visit http://www.cgeenergy.com.

About Roush

Roush, a full-service product development supplier headquartered in Livonia, Michigan, has over 4,500 employees in facilities located across the globe. Widely recognized for providing engineering, testing, prototyping, and manufacturing services to the mobility industry, Roush also provides significant support to the aerospace, defense, energy and theme park industries.

Roush is a subsidiary of Roush Enterprises, Inc., parent company of Roush Fenway Racing; Roush Performance, developer and manufacturer of performance vehicles and products for the automotive aftermarket; and Roush CleanTech, developer and manufacturer of alternative fuel systems for the fleet vehicle market.

For more information please visit www.roush.com.

Forward-Looking Statements

This release may contain “forward-looking statements” that are within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are identified by certain words or phrases such as “may”, “will”, “aim”, “will likely result”, “believe”, “expect”, “will continue”, “anticipate”, “estimate”, “intend”, “plan”, “contemplate”, “seek to”, “future”, “objective”, “goal”, “project”, “should”, “will pursue” and similar expressions or variations of such expressions. These forward-looking statements reflect the Company’s current expectations about its future plans and performance. All forward-looking statements included in this release are based on information available to us on the date hereof and speak only as of the date hereof. We undertake no obligation to update or revise publicly any forward-looking statements. Actual results may differ materially from those projected in the forward-looking statements.

Investor Relations Contact:

Andrew Barwicki

Barwicki Investor Relations, Inc.

Phone: 516-662-9461