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Scoop has an Ethical Paywall Licence needed for work use Learn More Business Contact About ScoopPro * Scoop * Werewolf * Wellington * The Dig * Business Scoop * Pacific * Community * Review of Books * InfoPages * Front Page * Scoops * Parliament * Politics * Regional * Business * Sci-Tech * World * Culture * Education * Health Contact About ScoopPro Scoop * Front Page * Scoops * Parliament * Politics * Regional * Business * Sci-Tech * World * Culture * Education * Health Network * Scoop * Werewolf * Wellington Scoop * The Dig * Business Scoop * Pacific * Community * Review of Books * InfoPages Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search Scoop Business NEW TECHNOLOGY OUTPERFORMS TRADITIONAL WIND TURBINE Thursday, 21 July 2016, 1:18 pm Press Release: Pacific Wind New Technology Outperforms Traditional Wind Turbine In International Study An overseas test has revealed a technology available to New Zealand businesses is capable of producing results three times greater than traditional systems according to Pacific Wind program manager Reza Sehdehi. This week, energy and engineering company Pacific Wind released results of a year-long study comparing the output of INVELOX to traditional wind generation capabilities discovering that not only did the INVELOX system outperform a traditional wind turbine tower it's performance was triple that of traditional systems. Rather than having turbines on poles in the air INVELOX systems place the turbines on the ground, using funnels to capture and direct air towards wind turbines. Varying pipe widths in the system accelerate the wind utilizing the Venturi effect, a phenomenon used by Dyson airplane fans to deliver either cold or hot air to targeted areas. This allowed the unit to produce 260% more electrical energy and 300% more power than traditional systems without any of the negative effects like wind noise or flickering. "Make no mistake, INVELOX is the future of wind power generation," says Sehdehi. Read the full story at http://pw.pacificwind.co.nz/?p=571 Advertisement - scroll to continue reading © Scoop Media ARE YOU LICENSED FOR SCOOP? Scoop is free for personal use, but you’ll need a licence for work use. This is part of our Ethical Paywall and how we fund Scoop without a regular paywall. Join today with plans starting from just $11 per month, and start using Scoop like a Pro. Join Pro Individual Find out more Find more from Pacific Wind on InfoPages. Business Headlines | Sci-Tech Headlines BUSINESS, SCIENCE & TECH NIWA: CLEVER SLEUTHING UNMASKS MYSTERY OCEAN CREATURE Amongst the brilliant selection of fish and invertebrates collected from 3,500m deep, an unusual specimen stumped the experts. NIWA marine biologist and voyage leader Sadie Mills says she and her colleagues resulted to calling it ‘The Thing’. ROCKET LAB: OPENING UP ACCESS TO SCIENCE EDUCATION - ROCKET LAB SCHOLARSHIP APPLICATIONS NOW OPEN The Rocket Lab Scholarship covers up to $20,000 of study fees for one outstanding student and offers the opportunity to be paired with a Rocket Lab mentor, giving them a rare opportunity for one-on-one experience with a world leading space and and engineering expert. THE RESERVE BANK OF NZ: TRANSMISSION OF MONETARY POLICY TO FINANCIAL CONDITIONS- A SPEECH BY ASSISTANT GOVERNOR KAREN SILK Specifically, monetary policy affects bank funding costs and, in turn, the lending rates banks offer. This impacts the amount of money that households and businesses have to spend and shapes their inclination to save and invest. KIWIRAIL: KIWIRAIL'S GREAT JOURNEYS NEW ZEALAND WINS PRESTIGIOUS BEST DESIGN AWARDS Presented with the challenge of creating a premium rail experience in addition to its core offerings, Great Journeys New Zealand made the decision early in the process to invest heavily in design and story to guide the creation of its new Scenic Plus product. MARITIME UNION OF NZ: NEW FERRY OPTIONS Maritime Union spokesperson Victor Billot says, "This shows that New Zealanders can see the terrible mistake the Minister has made in cancelling the new rail ferries and that is only going to get more obvious as the massive costs of this fiasco, like the cancellation fee of up to a half a billion dollars, come to light." AIR NEW ZEALAND: AIR NEW ZEALAND BOOSTS CAPACITY TO SUPPORT CHOGM DELEGATES TRAVELLING TO SAMOA Between 14 and 31 October, Air New Zealand will operate 25 return flights to Apia, the Samoan capital. 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