The newly formed Energy Technologies Institute (ETI) has begun its search for green technology energy solutions in Britain this week. Britain’s Science and Innovation Minister, Lord Drayson, announced the first four recipients of funding from ETI. Among them is the funding for research and development of the V-wing Turbine. The V-wing Turbine is a massive and unconventional wind turbine that uses a large pair of vertical wings to generate wind energy.

Along with the V-wing turbine, the other funding recipients include research into a floating offshore wind turbine for use in away from the coast in the ocean, research into reliability problems that afflict many current wind turbine designs as well as a project deploy and test a 1MW tidal turbine.

The total funding for all four projects is $29 million.

ETI is a public-private partnership with deep pockets as there is $1.6 billion potential available to invest in eco tech energy solutions. The British government has declared its commitment to reducing greenhouse emissions by 80 percent by 2050 from the levels it recorded in 1990. This sort of large scale investment in wind energy research and development has the potential to not only impact Britain’s environmental future, but all nations who could benefit from harnessing wind energy.