Friday, May 10, 2013

Green Energy Technologies raises $2 million in equity capital

USA: Green Energy Technologies LLC, a privately held company founded in Akron in 2006, announced has raised $2 million in an equity investment led by Roth Bros Inc., a national energy management, HVAC and roofing services company based in Youngstown, Ohio.

The funds will be used to finance the initial production and commercial launch of the company’s WindCube, a 60kW commercial-scale rooftop wind turbine system for on-site power generation by large-power users in urban and suburban

In addition to its investment in Green Energy Technologies, Roth will be a strategic partner providing professional installation of the WindCube turbines, from initial site analysis to commissioning.

As part of Green Energy Technologies’ turn-key customer solution, Roth also will provide users with 24/7 monitoring once the turbine is in operation using an online remote system that it designed for the WindCube and can provide post-installation preventive maintenance and service on the units. Roth currently provides energy management and HVAC and roofing services for over 100,000 locations throughout the United States.

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