(Trondheim 20 April 2009) ChapDrive AS has appointed Knud Erik Thomsen as Technical Director. Knud Erik Thomsen has 15 years of experience in development of wind turbines.
Knud Erik Thomsen (1961) holds a master’s degree in Electrical Engineering from the University of Aalborg, Denmark and a diploma in Business Administration from the Institute of Business and Technology in Herning, Denmark. Knud Erik Thomsen served 15 years in the R&D in Vestas Wind Systems A/S holding positions as Head of Mechanical Engineering, Head of Electrical Engineering and Chief Specialist in Wind Power Systems.
CEO: Jens Anders Jensen,
Phone: +47 92 27 68 81
7018 Trondheim, Norway
About ChapDrive AS:
ChapDrive is located in Trondheim, Norway and was founded in December 2006 based on research from The Department of Energy and Process Engineering at the Norwegian University of Science and Technology (NTNU). The company develops a patented hydraulic transmission system for wind turbines. ChapDrive recently completed a successful funding round of NOK 52 million (€6m) to develop a 5 MW hydraulic transmission based on field test results from ChapDrives 225 kW and 900 kW prototype turbines. The main investors are NorthZone Ventures AS, Hafslund Venture AS and Energy Capital Management AS (StatoilHydro´s Venture Fond).
About the investors:
NorthZone Ventures AS
NorthZone Ventures is a leading European venture firm specializing on technology. NorthZone has about NOK 2,5 billion (€286m) under management, and is located in Oslo, Stockholm and Copenhagen. NorthZone is currently holding more than 35 technology companies mainly originating from the Nordic area, and Northzone has been a lead investor in among others Stepstone, Nextgentel, Mamut, Funcom, Revolt Technology, Norstel and T-VIPS.
Hafslund Venture AS
Hafslund Venture is an active owner in growth companies within renewable energy, energy related technology and concepts related to the value chain in Hafslund. The total venture assets under management are more than NOK 6 billion (€686m), with 16 investments, where the photovoltaic company REC represents the largest value. By investing in external companies and utilizing competence from the Hafslund Corporation, venture represents a flexible and cost efficient way of conducting research and development with focus on profit.
Energy Capital Management AS
Energy Capital Management AS manages StatoilHydro's Venture fond. Energy Capital Management has a total of NOK 1.2 billion (€137m) under management. Energy Capital Management invest in new clean energy solutions and collaborates closely with StatoilHydro utilizing their competence to develop future-oriented technology and market positions for renewable energy production.
NTNU Technology Transfer AS
NTNU Technology Transfer AS (TTO) is the wholly owned commercialization organ of the Norwegian University of Science and Technology (NTNU). TTO assists to secure that research from NTNU and St.Olav Hospital is utilized through license agreements and founding of new companies.