Venture(US:VEMLY) Xin Lang Cai Jing·2025-12-19 10:12Core Viewpoint - The project focuses on developing a vertical axis wind turbine powered by PEMS technology, which operates at zero starting wind speed and requires no maintenance, aiming to enhance energy efficiency and support rural electrification [4][9]. Project Overview - Wind power is recognized as a clean and renewable energy source, but traditional wind turbines face challenges such as high minimum starting wind speeds and low energy conversion efficiency. The project aims to address these issues by developing a wind turbine based on permanent magnet electromagnetic suspension technology [4]. - The team consists of members from Hong Kong University of Science and Technology (Guangzhou) and is guided by faculty members [2]. Product Introduction - The PEMS technology utilizes magnetic suspension to stabilize the turbine's operation across various wind speeds, including low wind conditions (0-0.2 m/s) and high wind conditions (up to 30 m/s) [7]. - The product is positioned in the mid-to-lower stream of the market, focusing on the second generation of magnetic suspension technology, with plans to develop downstream products such as wind turbines, blowers, compressors, and chillers [9]. Business Model - The team plans to source raw materials from Jiangxi Province, which is known for its unique permanent magnetic materials, and will manufacture the wind turbines at the lowest possible cost. The strategy includes collaboration with universities, governments, and rural areas to establish production facilities and create job opportunities [9]. - A joint research initiative with Peking University is scheduled for December 2024, focusing on power construction in Yunnan and promoting environmental education [9]. Social Value - The team has secured 1 million yuan in seed funding and aims to address rural electrification and the development of clean energy through a public welfare perspective. The project aligns with the United Nations Sustainable Development Goals (SDGs) and seeks to promote green technology and employment opportunities for university students and rural youth [10].