There has been a lot of chatter surrounding Green and Renewable Energy. Renewable energy effectively uses natural resources such as sunlight, wind, rain, tides and geothermal heat, all of which are naturally replenished. Renewable energy technologies range from solar power, wind power, hydroelectricity/micro hydro, biomass and biofuels for transportation.
We had once thought that with the creation of electricity, renewable energy like the windmill would be eliminated or declined greatly. But with the increases in energy prices, the expense of replacing electric pumps, and the world’s water crisis, there has been an increase in the repair, restoration and installation of new windmills made by companies like Dakshidin Corporation.
Throughout the world, especially in developing countries, there is a dire need for water to fulfill basic human self-sufficiency demands, and according to UN World Water Development, almost one-fifth of the world’s population lacks access to safe drinking water. For these developing countries, many lack the funds to gain access to good water. For example, in Bangalore people living in the slums typically collect water from a water tanker or from a polluted stream that can be as many as two miles away from their homes; therefore, we see the need for companies like Dakshidin and its windmill product.
Dakshidin believes that wind is free, reliable and renewable, and through its wholly owned subsidiary, RESTEC International Inc., Dakshidin produces the world’s most powerful pumping windmill. Initially conceived in 1990, the RESTEC Mark 10 is a high performance water pumping windmill which uses a unique rotating counterbalance system similar to pumps used in the oil industry. The windmill pumps and ensures a clean water supply and makes it possible to pump water to sites as far as 10 miles away. The pump is also environmentally friendly and cost-effective for developing countries that need funding in order to gain access to clean water.
With a very unique product comes a very unique team led by Chairman Richard K. Sutz, who brings more than 30 years of experience in the research, development and manufacture of renewable energy technologies. He is an internationally acknowledged expert in the development of low wind speed machines for water pumping and the developer of the Mark 10 Water Pumping Windmill. Working with Mr. Sutz is Nick Laroche, President, who has worked in the energy sector for several years in the development of related technologies.
The market for this product is huge as there are hundreds of countries in the world with populations numbering in the billions who can make good use of the Mark 10 Windmill. As the demand for water pumps increase, so will the demand for a cost effective solution, resulting in a huge potential market for millions of RESTEC Windmills. Already this year, Dakshidin plans to deliver their windmill pumps to the following: JCT Group in India; Kensam Echo-Tech Services Co. Ltd. in the province of Yunnan, China; Cervantes Windmill Corporation in the Caribbean and Casa Inc. in Central America.
Dakshidin’s future falls in line with the demand and supply chain. If the demand for renewable energy continues to grow and the company can supply these pumps, then it may have a very successful future in the industry. However the company still faces competition from its industry competitors like Aermotor’s manufactured windmill. The Restec Mark 10 is currently manufactured in China, while Aermotor manufactures in the USA and claims the best windmill at the best price. Currently, the Aermotor windmill company is the only remaining water windmill manufacturer in the United States, so if Dakshidin can sustain the competition in its industry, then it will provide investors with a great undervalued stock to watch.
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