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It is an innovation that replaces scarce and expensive rare earth magnets with cheap and abundant ferrite magnets. The company is scheduled to test a 250kW stage of a 1MW generator at the ORE Catapult in early 2019. GreenSpur is also working with Warwick Manufacturing Group (WMG) part of the University of Warwick, to model a >10MW design suitable for the next generation of offshore turbines.