The Hydro Wind Energy, Inc. offering is now closed and is no longer accepting investments.

Hydro Wind Energy, Inc.

Power & Water | Clean Technologies

Hydro Wind Energy, Inc.

Power & Water | Clean Technologies

San Francisco, CA
Engineering
Clean Technology
We are developing a disruptive technology to solve 3 of the biggest challenges of the 21st century, low cost clean electricity, grid scale energy storage, and seawater desalination. All ultimately from wind offshore using vertical axis wind rotors and offshore based kite systems. We have also developed and commercialized the world's only low cost handheld seawater desalination device (QuenchSea) for humanitarian purposes, disaster relief, and the marine sector.

$148,399

raised
$529,590
previously crowdfunded
106
Investors
$120M
Valuation
$10.38
Price per Share
$249.12
Min. Investment
Common
Shares Offered
Equity
Offering Type
$4M
Offering Max
0
Days Left

$148,399

raised
$529,590
previously crowdfunded
106
Investors
$120M
Valuation
$10.38
Price per Share
$249.12
Min. Investment
Common
Shares Offered
Equity
Offering Type
$4M
Offering Max
0
Days Left
This offering ended on September 23, 2022 and is no longer accepting investments.

Reasons to Invest

  • Offering exciting innovations in offshore wind power and seawater desalination. Oceanhydro Omni: low-cost, clean offshore wind power and energy storage. SubSea RO Wind: wind-powered low-cost seawater desalination. QuenchSea: portable, low cost, hand-powered seawater desalination device. 3 granted patents.
  • World Economic Forum, Top 100 startups shaping the 4th Industrial Revolution. Backed by Techstars, AWS Clean Energy Accelerator, Shell Startup Engine & more. (source)
  • $57 million signed commitment from an institutional investor for an IPO. $6 trillion energy market and $500 billion water market. (source, source, source)






OVERVIEW - OHO


Game Changing Innovations in Offshore Wind Power and Seawater Desalination


THE PROBLEM - OHO


Wind Power and Energy Storage



There is a global need for clean, affordable and secure energy. The global energy market is currently sized at $6 trillion, and energy demand is expected to grow by one-third by 2040. The world still sources 84% of its energy from fossil fuels. (source, source)


Many of the environmental problems the world faces today—including climate change, ocean acidification, droughts, extreme weather, carbon emissions, and air pollution—are all a direct result of our dependence on fossil fuels.


The world needs to transition to renewables; but, the main problem with conventional renewables is that they have failed to outcompete with fossil fuels on cost, scalability, power and energy density. In addition, they are either intermittent, variable or both and no cost effective energy storage solution has been found to absorb the volatility of renewables or to dispatch them on demand.


*The above is a rendering of a future product. Images are computer generated demo versions. Products are still currently under development and are not yet available on the market.

THE SOLUTION - OHO


Breaking the Barrier to a Carbon Emissions-Free Future


Source: Equinor



The technology we are developing will potentially open up the ability to exploit offshore wind power in deep waters at significantly reduced cost, compared to conventional wind turbines, offshore floating wind, or evolving marine and kite energy technologies.


Current wind turbines are unable to access offshore wind in deep waters, and are limited to shallow waters of no more than 60m depth and heights of 150m. In addition, wind turbines convert the wind directly to electrical energy, giving a low conversion efficiency of 35% with variable power and energy output. In contrast, we use vertical axis rotors solely to provide mechanical power to lift, altering the buoyancy of a submerged pressure vessel and fully absorbing the volatility of winds from 4m/s right up to 40 m/s. Water flooding into an empty pressure vessel at sea depth is used to generate electricity through a hydroelectric turbine (similar to hydro power). This in comparison gives a hydro-electrical conversion efficiency of 90% with the added benefit of energy storage and on-demand dispatchable power—the two missing links to a future powered by renewables. (source, source)


Our technology is a combination of a form of pumped hydro storage and wind power—a hybrid system that combines wind and subsea energy storage. It uses the same principles as pumped hydro storage; but, instead of using a dam, we are using sea depth, individual pressure vessels, and subsea pressure to obtain the same results using a hydroelectric turbine.


This technology has the potential to be a game changer for the 21st century—in terms of developing a renewable energy system that has the potential to outcompete fossil fuels on power density, energy density, cost and scalability, while also expected to provide dispatchable and reliable power generation to the grid. In addition, it's ultimately wind power, which eliminates carbon emissions entirely from power production.


This technology is anticipated to rapidly accelerate the transition to renewables and worldwide electrification, thereby lowering the cost of energy and increasing security of supply. The main objective is to provide unsubsidised reliable electrical energy. The technology is extremely disruptive from the current state of the art, yet utilizes existing and proven technology in a new area.


*The above is a rendering of a future product. Images are computer generated demo versions. Products are still currently under development and are not yet available on the market.



*The above is a rendering of a future product. Images are computer generated demo versions. Products are still currently under development and are not yet available on the market.

THE TECHNOLOGY DESCRIPTION - OHO



*The above is a rendering of a future product. Images are computer generated demo versions. Products are still currently under development and are not yet available on the market.


WHAT IS SO UNIQUE? - OHO




*The above is a rendering of a future product. Images/video are computer generated demo versions. Products are still currently under development and are not yet available on the market.


$45 per MWh based on internal assessment 



*The above is a rendering of a future product. Images/video are computer generated demo versions. Products are still currently under development and are not yet available on the market.


BENEFITS - OHO


Comparison to Wind Turbines - OHO



Source: EPA



*The above is a rendering of a future product. Images/videos are computer generated demo versions. Products are still currently under development and are not yet available on the market.

The market - OHO



Source: Business WireIEASP Global


Business Model - OHO



Technology Readiness Level - OHO




Traction - OHO


Sources: Tech Stars, Amazon, Shell, WE Forum


 global potential - oho


 the problem - srw


The World Needs a Solution to the Water Crisis

*The above is a rendering of a future product. Images are computer generated demo versions. Products are still currently under development and are not yet available on the market.


The scarcity in accessible fresh water is becoming a more severe threat to the prosperity and sustainability of all human societies. Over 2 billion people do not have access to clean water (UN) and over two thirds of the world's population live in water scarce regions (source). Globally there is an urgent need to provide a low cost effective solution to the world’s water crisis that is accessible to all nations. 


The world population is expected to grow from 7.4 billion in 2017 to 9.9 billion in 2050, adding tremendous risk of water stress. Along with other megatrends, such as urbanization, modern agriculture and industrialization, human activities have multiplied demands for water consumption. Water contamination from industrial production and extreme weather (droughts and floods) due to climate change also put the very limited water resources in danger. Unrelenting population growth and economic development will continue pushing the demand for water beyond its natural limits. (source, source, source)


The water crisis is affecting almost every nation on the planet from California in the US to Jordan in the Middle East with the most acute in developing and emerging markets. Water is the ultimate systems challenge. It is a unique resource that underpins all drivers of growth – be it agricultural production, energy generation, industry, or manufacturing. It is the key that unlocks human potential. 



the solution - srw


Our technology focuses on providing low cost fresh water. Conventional seawater desalination technologies are prohibitively expensive, energy intensive, primarily powered by fossil fuels and with significant environmental impact. Solar powered desalination can not meet the volumes that are required to meet our ever growing consumption needs. We have developed an extremely disruptive technology to desalinate seawater into fresh water using offshore-based altitude wind kites, reverse osmosis membranes and subsea pressure, eliminating entirely the need to use fossil fuels for water desalination and reducing desalination costs by 90%, based on internal assessments. This technology has the potential to alter the entire dynamics of the global water challenge and permanently alleviate the world’s water shortages in the short term. It is sustainable, scalable, zero carbon emissions technology, provides significant volume capacities at negligible costs versus all other desalination technologies, and has the potential to transform the lives of billions of people around the world.


*The above is a rendering of a future product. Images are computer generated demo versions. Products are still currently under development and are not yet available on the market.


 technology description - srw



 benefits - srw




*Based on internal assessments


*Based on internal assessments


Source: Scientific American


 the market - srw


Sources: Adroit Market Research, Zawya




*The above is a rendering of a future product. Images/videos are computer generated demo versions. Products are still currently under development and are not yet available on the market.


Technology Readiness Level - SRW



*The above is a rendering of a future product. Images are computer generated demo versions. Products are still currently under development and are not yet available on the market.


Global Deployment Potential - srw




The solution - qs


*The product is not yet currently available. The initial deliveries of pre-orders are expected to be delivered August 2022.



The problem - qs



The solution - qs


*The product is not yet currently available. The initial deliveries of pre-orders are expected to be delivered August 2022.

 

Technology Description - qs



Specifications - qs


*The product is not yet currently available. The initial deliveries of pre-orders are expected to be delivered August 2022.

Source: UNDP



The market - qs


Business Model - QS


Traction - qs


product range - qs


*The above are renderings of currently available products. Images are computer generated demo versions.

The vision


Source: UN


supporters & partners


Source: UN, C3, Innovate Masdar, UN


featured in


Source: WE Forum


Our values



why invest


The future is here

Source: CNBC


Every year, global energy demand continues to rise. Driven by emerging economies and developing nations, total worldwide energy usage is expected to grow by nearly 50% by 2050 and the water market globally will be worth over $500 billion. (source, source)


At the same time, scientists are sounding the alarms about rising temperature levels, caused by carbon dioxide and other greenhouse gasses. (source) With temperatures likely to increase by well over two degrees Celsius, many nations are seeking ways to replace fossil fuels with renewable sources of energy. This provides a market opportunity to invest in game changing technologies that will play a major part in the global transition. We have viable and practical solutions to 3 of the biggest challenges of the 21st century, low cost clean electricity, grid scale energy storage and freshwater. Solutions that can be developed and commercialized in the shortest possible time with the greatest impact.  


  • Raised $2 million to date 
  • Reached TRL 6 (Technology Readiness Level) in 2 years
  • Generating revenues now from QuenchSea $500,000 plus in sales and pre-orders
  • 4,500 customers 
  • $57 million signed commitment from an institutional investor dependent on listing
  • We have 3 innovative solutions!! 
  • 3 granted patents
  • 40+ team members and backed by Techstars, Shell Startup Engine, AWS Clean Energy Accelerator, Innovate Masdar City (source)
  • Climate change represents an existential threat to human civilization, with many nations seeking to reach zero net carbon emissions by 2050 (source)
  • As the world transitions away from fossil fuels, there is a market opportunity to invest in clean or renewable energy sources 
  • Global investment in transitional technologies reached $755 billion in 2021 (source)
  • Wind, solar, hydropower, energy storage and water represent immense future needs and opportunities
  • Investments in renewables will need to triple in the coming years in order to reach net-zero carbon emissions (source)




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Offering Summary


Company

:

Hydro Wind Energy, Inc.

Corporate Address

:

355 Bryant Street, Office 403, San Francisco, CA 94107

Offering Minimum

:

$9,995.94

Offering Maximum

:

$3,999,984.90

Minimum Investment Amount

(per investor)

:

$249.12











Terms


Offering Type

:

Equity

Security Name

:

Common Stock

Minimum Number of Shares Offered

:

963

Maximum Number of Shares Offered

:

385,355

Price per Share

:

$10.38

Pre-Money Valuation

:

$119,643,699.84











*Maximum number of shares offered subject to adjustment for bonus shares. See bonus info below.

Voting Rights of Securities Sold in this Offering

Each Investor shall appoint the Chief Executive Officer of the Company (the “CEO”), or his or her successor, as the Investor’s true and lawful proxy and attorney, with the power to act alone and with full power of substitution, to, consistent with this instrument and on behalf of the Investor, (i) vote all Securities, (ii) give and receive notices and communications, (iii) execute any instrument or document that the CEO determines is necessary or appropriate in the exercise of its authority under this instrument, and (iv) take all actions necessary or appropriate in the judgment of the CEO for the accomplishment of the foregoing. The proxy and power granted by the Investor pursuant to this Section are coupled with an interest. Such proxy and power will be irrevocable. The proxy and power, so long as the Investor is an individual, will survive the death, incompetency and disability of the Investor and, so long as the Investor is an entity, will survive the merger or reorganization of the Investor or any other entity holding the Securities. However, the Proxy will terminate upon the closing of a firm-commitment underwritten public offering pursuant to an effective registration statement under the Securities Act of 1933 covering the offer and sale of Common Stock or the effectiveness of a registration statement under the Securities Exchange Act of 1934 covering the Common Stock.

Investment Incentives and Bonuses*

Amount-Based:

$5,000+

Receive 3% bonus shares

$10,000+

Receive 5% bonus shares

$20,000+

Receive 7% bonus shares

*All perks occur when the offering is completed.

Loyalty Bonus:

For any previous backers or investors in Hydro Wind Energy, when you invest in this live offering, you will receive an additional 5% bonus shares.

The 10% StartEngine Owners' Bonus

Hydro Wind Energy, Inc. will offer 10% additional bonus shares for all investments that are committed by investors that are eligible for the StartEngine Crowdfunding Inc. OWNer's bonus.

This means eligible StartEngine shareholders will receive a 10% bonus for any shares they purchase in this offering. For example, if you buy 100 shares of Common Stock at $10.38 / share, you will receive 110 shares of Common Stock, meaning you'll own 110 shares for $1,038. Fractional shares will not be distributed and share bonuses will be determined by rounding down to the nearest whole share.

This 10% Bonus is only valid during the investor's eligibility period. Investors eligible for this bonus will also have priority if they are on a waitlist to invest and the company surpasses its maximum funding goal. They will have the first opportunity to invest should room in the offering become available if prior investments are canceled or fail.

Investors will only receive a single bonus, which will be the highest bonus rate they are eligible for.

The Company will not incur any irregular use of proceeds.


Show More
Most recent fiscal year-end:
Prior fiscal year-end:
Total Assets
$1,054,547.00 USD
$0.00 USD
Cash And Cash Equivalents
$333,300.00 USD
$0.00 USD
Accounts Receivable
$0.00 USD
$0.00 USD
Short Term Debt
$1,369,256.00 USD
$0.00 USD
Long Term Debt
$34,555.00 USD
$0.00 USD
Revenues And Sales
$184,463.00 USD
$0.00 USD
Costs Of Goods Sold
$67,189.00 USD
$0.00 USD
Taxes Paid
$0.00 USD
$0.00 USD
Net Income
-$349,346.00 USD
$0.00 USD

Risks

A crowdfunding investment involves risk. You should not invest any funds in this offering unless you can afford to lose your entire investment. In making an investment decision, investors must rely on their own examination of the issuer and the terms of the offering, including the merits and risks involved. These securities have not been recommended or approved by any federal or state securities commission or regulatory authority. Furthermore, these authorities have not passed upon the accuracy or adequacy of this document. The U.S. Securities and Exchange Commission does not pass upon the merits of any securities offered or the terms of the offering, nor does it pass upon the accuracy or completeness of any offering document or literature. These securities are offered under an exemption from registration; however, the U.S. Securities and Exchange Commission has not made an independent determination that these securities are exempt from registration.


Updates

Major Update

1 day ago

First of all, everyone from the team wants to thank you for your continued support. We are excited to share with you this update on the progress we have made and what we’ve been working on.


QuenchSea is Shipping

First off - an update on QuenchSea, our handheld, portable seawater desalination device. We have finalised production and are now fulfilling orders. It has been challenging with disruptions to supply chains and production but we are finally there. We have pledged to donate and distribute over 100 million of these devices to those in need by 2027, so we’re really excited to get this off the ground and begin scaling. We have already started work on our 2nd version which will improve on the flow rate, more compact, and lighter. The market for QuenchSea covers not only humanitarian needs, but also the offshore sector, sailing, life rafts, disaster relief, emergency response, survivalists, navy/military and even aviation.  

Advisory Firm for Funding Rounds

While StartEngine does not allow us to discuss the particulars on funding updates during a full equity round, we can tell you that we have an advisory firm working on a funding round to tap into venture capital and institutional investors. We have an interim round ongoing now. At this stage funding rounds will continue one after another as we move towards an IPO. 


Shell StartUp Engine

We are now part of the Shell Startup Engine Innovation program, which will provide access to Shell’s expertise, networks and resources.


KPI

  • Sales for the year to date: ~$200K

  • Customers to date: 5400

  • LinkedIn followers: 1080 

  • Instagram Followers: 3245 

  • Website visits in the last month: 12,000+ 

  • Video views: 2 million+ (3 videos, which you can watch here and here and here launched today!. Be on the lookout for another video on our Offshore Technologies which we will be sharing in the near future)

  • Customised winch built and tested 


Work In Progress 

We are on track for Q4, and we are currently working on a few exciting challenges including:

  • A new hydraulic system for our offshore technologies

  • Testing Offshore in Q4 2022

  • A PLC programmable logic controller - think of a control system 

  • A mooring system that can reach up to 850m sea depth

  • Floating platform 


Please do follow us on Social Media:

Linkedin

Instagram


Please feel free to email us on investment@hw.energy for any advice, recommendations or suggestions.  


We will also be hosting a Webinar Q&A session in October, the finalised date will be sent in an upcoming update.


Thank you again for your support, without you none of this would be possible!


Kind regards

Lee King

CEO





LIVE NOW JOIN US

27 days ago

We are LIVE now Please join us here


 

Q&A Session LIVE in 2 hours

27 days ago

We are going live in less than two hours!! Please feel free to join here 

10am California

1pm New York

Add this session directly to your calendar via the following links:

Google

Outlook

Or download this file for iCal

See you soon

Best regards

Hannah



Shell Startup Engine

28 days ago

LIVE Q&A Session Wednesday 7th September

about 1 month ago


We’re excited to be hosting a Live Q&A session with our co-Founder and CEO of Hydro Wind Energy, Lee King

Please add this session directly to your calendar via the following links:

Google

Outlook

Or download the attached file for iCal

We look forward to seeing you soon

Best regards

Hannah

QuenchSea - Delivering the world's only low cost handheld seawater desalinator

about 1 month ago

Firstly, a huge thanks to those who have invested so far. It's really great to have you on board at such a pivotal point for us.

We have been working hard on the launch of QuenchSea, a product designed to revolutionise the seawater desalination market while offering vital support for disaster and humanitarian relief.

Now, we're excited to announce that QuenchSea is a reality and being delivered to the almost 5000 customers and backers that have supported us from the beginning.

QuenchSea uses an innovative technology that combines a hydraulic system, pre-filtration and a small reverse osmosis membrane to desalinate seawater into fresh water using only manual human power. In doing so it is the world's only low cost portable seawater desalination device and has the potential to provide vital, lifesaving access to clean water to those in need.

The delivery of QuenchSea demonstrates our ability to make transformative technology a reality at small scale and we're really excited to build on this momentum to test our large scale solutions to energy and water, OceanHydro Omni and SubSea RO Wind later this year.

See attached the latest images from the manufacturing of QuenchSea and if you have any questions on QuenchSea or other technologies we'd love to hear from you in the comments section. 

Thanks again for all your support and please keep spreading the word of Hydro Wind Energy!



What is so Unique?

about 1 month ago


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