This document describes Wind Operations Worldwide S.p.A. (WOW SpA), an Italian financial holding company founded in 2008 to support the airborne wind energy industry. It outlines various subsidiaries established by WOW SpA in Italy and the US to manage technology projects and partnerships. The document also discusses two potential test sites in Italy for airborne wind energy systems and WOW SpA's plans to establish a non-profit European foundation to advocate for the airborne wind energy industry with the European Union.

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5 years financing
Airborne Wind Energy
projects
WOW SpA
http://wow.pe/
Ing. Carlo Perassi
AWEC 2013, Berlin

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Summary:
•who we are;
•Italian projects;
•International partnerships;
•Foundation.

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Wind Operations Worldwide S.p.A.
WOW SpA
http://wow.pe/
A financial holding
founded in 2008 as WOW Srl
and turned into WOW SpA in 2009.

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It was the first worldwide
and it is still one of the few financial holdings
founded to support
the airborne wind energy industry.

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NOKE Srl
“Hands on” company founded to support
technology projects
that WOW SpA, as a pure financial holding, could not
directly manage.

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NET Scrl
A consortium founded to support projects
related to renewable energy
and environment management
in Calabria.

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ZEFIRO RD Srl
A company with a
“laboratory”
set up in the Capannori Airport
to develop projects
mostly related to
sailing or flying in Tuscany.

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WOW America
Founded in New York City
to reproduce in the USA the “WOW way”
scaled up to the American size.

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ŠCEC
ŠCEC is not a particular kind of
complementary currency available in Italy.
It is more like a network to share discount tickets.

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ŠCEC
During our last capital increase period,
it has been possible to
subscribe to it by paying part of the share premium
using ŠCECs.

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ŠCEC
As far as we know, that was
the first time in Europe that some kind of
“complementary currency”
has been legally admitted to
be used to buy shares.

15. http://www.linkiesta.it/bitcoin-berlino

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Kite Gen Research Srl
We sold our KGR shares and, also
thanks to our effort, KGR has been able to
sell its shares at an increased price.

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Kite Gen Research Srl
Again, as far as we know, that was
the first time in Europe that shares of an AWE company
increased their value due to
financial reasons.

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Calabria: AWE and agricolture
Consorzio NET
Bringing together renewable energy projects

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(CRV)
Crotone Airport

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Small airport
Up to 30% of its area could be used
for extra activities
5 minutes warning
2 minutes to land
Unused 12 hours/day

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Electrical vehicle
A completed research project
prototype now owned by
WOW SpA.
Plan: set up a large scale
production.
AWE? “Combo” off-grid

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General purpose
electrical vehicle
Mass 1750 Kg
Max torque 3.2 KNm
Engine 12 KW

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The cycle/link in the consortium:
recharging the vehicle with
AWE (while it could be already
recharged without AWE)

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Tuscany: AWE and sailing
Eco Lightly

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First system designed to have three AWE based functions:
energy production
traction
security (backup)

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Sailing boat:
increased speed (kite)
+
avoiding an internal combustion engine
(on board service)
=>
sailing “fuel free”

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Power boat
less fuel (kite) => increased efficiency

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(LCV)
Airport of Lucca-Tassignano

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Capannori
Runway 910 x 18 m
Square 4700 m2
4 hangars.

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Capannori
A small airport turning itself into a laboratory...
among other things:
a European centre for testing drones;
a test field for a new kind of engine for small airplanes;
an area for airborne wind energy experiments.

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The Italian AWE test field initiative
Both airports could be used to
test AWE systems
in challenging conditions:
strong and impulsive in Calabria
weak and regular in Tuscany

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The Italian AWE test field initiative
AWE companies: feel free to contact us
to use the Italian AWE test field facilities.

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WOW America is studying some American projects,
supported by companies, universities and
independent researchers.
According to their features,
WOW will fund the projects that, after our analysis, seem
ready to increase
the value of their company within two years
by our investment.

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Foundation
WOW SpA voted to establish a non-profit foundation
to support AWE at a European level:
only by aggregating many companies
in an organization of this kind we could
successfully discuss our needs
with the European Union legislator.

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Foundation
A single AWE company is not large enough
to contribute to the writing of a general
law or funding by the UE legislator.
All the European companies can join the Foundation.

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Questions?
carlo@wow.pe