The company’s largest creditor is requiring that the assets of Helix Wind Corp and Helix Wind Inc, both Nevada Corporations, be sold via a public auction held at the company’s office on May 11, 2012 at 11 a.m. Pacific Time
It should not surprise us that this very inefficient design of turbine should ultimately end as a financial failure after all of the hype has been exposed and the customers have had their expectations unfulfilled.
With a cut-in speed of 5 m/s they recommend it be placed on a 15 foot tower in sites with mean windspeed 7 m/s but at the same time they recommend urban rooftop mounting. The wind resource on urban rooftops is generally quite poor. It’s a nice ornament, but at $17,500 USD it’s well over-priced.
Both vertical axis designs and rooftop siting are foolish ideas that have cost a lot of people a lot of grief and brought the small wind industry into unnecessary disrepute.
Example misinformation from Helix website: