NGenTec, founded in 2009 and headquartered in the United Kingdom, is a company that specializes in designing and supplying permanent magnet generators for low, medium speed and direct drive wind turbines for offshore and onshore applications. The company's innovative technology aims to decrease the cost of wind energy, maximize energy yield, increase reliability and availability, and ease manufacturing and assembly processes. Expert analysis has shown that there would be a significant through-life saving for an offshore wind turbine using NGenTec’s generator technology, as opposed to a traditional permanent magnet generator. The company operates in the Energy and Clean Energy industries and received a £200.00K Venture Round investment on 05 March 2011 from Old College Capital. NGenTec’s innovative approach and strong potential for cost reduction and reliability improvement in the wind energy sector make it an attractive investment opportunity within the clean energy landscape.
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