Windar Photonics PLC Contract Win (4617N)
09 August 2017 - 4:00PM
UK Regulatory
TIDMWPHO
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(TM) sensors from an independent power
producer in the Central American region.
The order includes 9 WindEYE(TM) sensors and will be installed
on Vestas V80 turbines in Q3 and Q4 of 2017. The WindEYE(TM)
sensors will be integrated through our WindTimizer(TM) 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 Andrew Craig
Nominated Adviser and Broker 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
The company news service from the London Stock Exchange
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