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Windar Photonics PLC (WPHO)

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Wednesday 09 August, 2017

Windar Photonics PLC

Contract Win

RNS Number : 4617N
Windar Photonics PLC
09 August 2017
 

9 August 2017

 

The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014. Upon the publication of this announcement, this inside information is now considered to be in the public domain.

 

 

Windar Photonics plc

("Windar" or the "Company")

 

Windar Photonics announces a new order from an IPP in Central America

 

Windar Photonics plc (AIM:WPHO), the technology group that has developed a cost efficient and innovative LIDAR wind sensor for use on electricity generating wind turbines, is pleased to announce a new order for WindEYE™ sensors from an independent power producer in the Central American region.

 

The order includes 9 WindEYE™ sensors and will be installed on Vestas V80 turbines in Q3 and Q4 of 2017. The WindEYE™ sensors will be integrated through our WindTimizer™ integration solution in order to optimise the turbine yaw alignment with the view to increase the annual energy production from the wind turbine generators. This indirect control system integration enables the wind turbine to yaw according to the incoming wind field, thus typically increasing the annually generated power by 1-3% and enhancing the life span of the wind turbine, as damaging loads affecting the wind turbine are reduced.

 

Jørgen Korsgaard Jensen, Chief Executive Officer of the Company, commented:

 

"Besides being pleased to announce a new order, I am particularly pleased to see an increased momentum in the North and Central Americas. After a very positive order intake during the first half of the year in the Asian region, it is my hope that we in the second half of the year can see a similar positive development in the North and Central Americas."

 

For further information:

 

Windar Photonics plc

Jørgen Korsgaard Jensen, CEO

+45-24234930
 

Cantor Fitzgerald Europe        

Nominated Adviser and Broker

 

 

 

 

 

Andrew Craig

Richard Salmond

+44 (0)20 7894 7000

 



About Windar:

Windar Photonics is a technology group that develops cost-efficient and innovative Light Detection and Ranging ("LiDAR") optimisation systems for use on electricity generating wind turbines. LiDAR wind sensors in general are designed to remotely measure wind speed and direction.

 

http://investor.windarphotonics.com 

 


This information is provided by RNS
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