HWS Concrete Towers

hwstowers.com ↗ ·San Sebastián ·Seed

HWS Concrete Towers is a Basque engineering company that develops patented precast-concrete substructures and installation systems for the wind energy industry, aiming to cut the levelised cost of onshore and offshore wind. Its three products are AirBASE (a modular, 'Lego-like' precast wind turbine foundation, also usable for repowering), AirCRANE (a self-climbing crane that installs and maintains turbines at effectively unlimited hub height) and AirTOWER (full and hybrid concrete tower concepts up to ~220 m). Founded in 2015 in San Sebastián with roughly 3-6 employees, it holds a portfolio of ~11 awarded patents and has been funded largely by public R&D grants (EU Horizon 2020 SME Instrument, ~€2.5M for the AirCRANE project, plus CDTI, SPRI and Gipuzkoa regional support) rather than by venture capital.

Founded
2015
Founders
3
Total funds raised
—
Rounds
1
Investors
3
Last round
Sep 2020
SectorsWind Energy, Renewable Energy, Construction Technology, Precast Concrete, Industrial Equipment Start-up MapEnergy & Climate › Clean energy generation hardware

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Founders

Jesus Montaner
Co-Founder & Senior Advisor
Jose Manuel Sorazu Echave
Co-Founder & Sales Manager
Mariano Abadia
Co-Founder & CEO

Global models 5

Modvion
Sweden · modvion.com ↗
Develops modular wind turbine towers from laminated wood that are prefabricated in a factory and assembled on site, and sells the tower technology to turbine makers and developers to cut the cost of tall towers.
~$50MComparable
Keystone Tower Systems
Licenses and sells a new way to make wind towers, with spiral-welded tapered steel built near the site, so turbines can have taller hubs at lower cost.
~$50MComparable
Nabrawind Technologies
Spanish engineering firm that sells patented tower and installation systems to the wind industry, including the self-erecting Nabralift tower and bolted blade joints, to raise hub heights and lower the cost of wind power.
~$20MComparable
RCAM Technologies
United States · rcamtechnologies.com ↗
Designs 3D-printed concrete wind towers, foundations and offshore anchors that it licenses and supplies to wind developers, using concrete in place of steel to bring costs down.
~$10MComparable
Windspider
Develops a crane system that climbs the turbine itself to install and maintain turbines, onshore and offshore, without large crawler cranes or jack-up vessels. This makes it the closest match to AirCRANE.
~$5MComparable

In the same niche 28 others

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Notes: Most funded first

Investors 3

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Funding rounds 1

DateRoundAmountLead

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