Vash;
First I have to say, nice pic!!
To be very honest and I for one like VAWTs for several reasons, but this one may not be very effective and will need a fairly high wind speed just to get it turning.
The gears will steal most ALL if any turning ability. Noise will also be a BIG factor.
The deflector is interesting and good to keep the wind off the frontal area of the blades as they come back around.
However, this may have merits for hydro since water is 8 times more dense than air
The 2nd pic did not have the deflector and, if built, would be better if included. Without it the air or water will be trying to move the blades in opposing directions causing it not to move either way.
Nice drawing on the chain sets!!
Bruce S