It is possible to run single phase motors slower using a suitable VFD, but there is a limit on just how slow you can run them.
Torque drops off much quicker, and the slower they go, the more noticeable the acceleration/deceleration is between poles. Single phase mostly rely on inertia to carry the rotor past the points where no current is flowing, and is why things like single phase bandsaws often leave a wavy cut pattern in bars, whereas the equivalent 3 phase machine while leave a consistent cut.
I would guess at the aimed 700RPM, which is below 50% of the rated 1450RPM (makes it a 4 pole motor), available torque will be less than 50%. An equivalent three phase motor would still produce near 100% of torque, but reduced power (induction motors produce fairly linear torque up to the rated speed, but power is the result of torque and speed, so power produce drops of fairly linearly from rated speed).
The VFD might try and compensate by powering the capacitor coil, but that will probably risk burning out the start coil. You can also risk burning out the main coil due to reduced cooling at lower speeds, but that takes a bit more effort or a grossly mis-configured VFD.
Torque drops off much quicker, and the slower they go, the more noticeable the acceleration/deceleration is between poles. Single phase mostly rely on inertia to carry the rotor past the points where no current is flowing, and is why things like single phase bandsaws often leave a wavy cut pattern in bars, whereas the equivalent 3 phase machine while leave a consistent cut.
I would guess at the aimed 700RPM, which is below 50% of the rated 1450RPM (makes it a 4 pole motor), available torque will be less than 50%. An equivalent three phase motor would still produce near 100% of torque, but reduced power (induction motors produce fairly linear torque up to the rated speed, but power is the result of torque and speed, so power produce drops of fairly linearly from rated speed).
The VFD might try and compensate by powering the capacitor coil, but that will probably risk burning out the start coil. You can also risk burning out the main coil due to reduced cooling at lower speeds, but that takes a bit more effort or a grossly mis-configured VFD.