Helix Wind, Corp. announced today that it has entered a joint development agreement with CheckPoint Process Pumps & Systems to provide renewable energy solutions for the global oil and gas production industry. According to the terms of the agreement, these solutions will be distributed, installed and maintained by CheckPoint, and address the large and growing demand within the oil and gas industry for sustainable, clean energy at remote wellhead locations. The parties anticipate the deployment of a unique, cost-effective solution within the current calendar year.
Helix Wind CEO Ian Gardner stated, â€œThis strategic development agreement with CheckPoint illustrates Helix’s commitment to addressing solution-based small wind needs around the world. We are excited to provide a new, economically attractive way for petroleum producers to reduce their carbon footprint, and are pleased to play a major role in the development of a much needed renewable energy platform for the oil and gas industry.â€
CheckPoint CEO Andy Elliott commented, â€œIntegrating the Helix Wind turbine into a novel, co-developed energy storage and pumping solution will deliver a very attractive value proposition for our customers worldwide. Oil and gas producers are highly motivated to adopt renewable energy solutions and have been implementing stringent policies to progressively reduce their impact on the environment.â€
He added, â€œA turnkey, wind-powered system for many thousands of remote field locations offers greater reliability and safety over traditional systems, including even the newest solar-powered ones, reduces maintenance overhead, and enables field locations to reduce or eliminate emissions at latitudes where solar solutions cannot be economically justified. Itâ€™s a unique win/win for our customers and for the environment.â€