News | Energy Efficiency

http://www.newenergyworldnetwork.com/renewable-energy-news/by-technology/wind/norwegian-university-wind-spin-out-chapdrive-chooses-ex-scania-wind-chairman-to-head-board.html

Wind transmission-focused university spin-out ChapDrive has appointed former chairman of Scania Wind, Pål Engebretsen, as chairman of its board of directors.

Engebretsen will replace Tellef Thorleifsson in the role as board chairman, who will continue as board member.
Currently the CEO of Norwegian maritime industrial group Bergen Group, Engebretsen was also formerly deputy CEO of Norwegian energy utility NTE.
He was also previously chairman of wind project developer Sarepta Energi, and deputy chairman of power company Eurokraft Norge.
Founded in late 2006 as a spin-out of The Department of Energy and Process Engineering at the Norwegian University of Science and Technology, ChapDrive is based in Trondheim, Norway.
The company has developed a patented system for hydraulic transmission in wind turbines and its backers include Norwegian technology-focused venture fund Viking Ventures, Norway-based cleantech and maritime investor Investinor, NorthZone Ventures, Hafslund Venture and Energy Capital Management.
Its board of directors now includes Torben Bjerre-Madsen, Tellef Thorleifsson, Joachim Cock, Marianne Blaauw, Jostein Vik and Steinar Fossen, in addition to the newly-appointed chairman.