Windar Photonics PLC WindEYE orders from large scale US IPP (3072O)

TIDMWPHO

RNS Number : 3072O

Windar Photonics PLC

04 November 2016

Windar Photonics plc

("Windar" or the "Company")

WindEYE(TM) orders from large scale US IPP

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 that it has received a repeat order for its WindEYE(TM) LiDAR wind sensors from a large North American wind farm owner and operator for immediate delivery.

The repeat order for the 5 WindEYE(TM) LiDAR units are expected to be installed on Suzlon S88 2.1 MW wind turbines in the US, where the next step will be to integrate all delivered units directly with the wind turbines' control systems.

The integration process will allow the wind turbine control system to receive measurement data directly from the Windar Photonics LiDAR sensor, enabling the wind turbine to yaw according to the oncoming wind, hence increasing the annually generated power by 1-4% and potentially enhancing the life span of the wind turbine by reducing the damaging loads that affect a misaligned wind turbine.

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

"We are looking forward to continuing our collaboration with this major US utility, and we are pleased that the previously ordered LiDAR units performed according to expectations. We are excited about this next step, which will mark the first WindEYE(TM) LiDAR wind sensor to be integrated directly with the wind turbines' control system within the retro-fit market segment. With direct turbine integration solutions Windar will in future be able to offer solutions that utilise the data provided by the WindEYE(TM) LiDAR wind sensor to a higher extent within the retro-fit market segment."

The information contained within this announcement is deemed by the Group to constitute inside information as stipulated under the Market Abuse Regulations (EU) No. 596/2014 ("MAR"). Upon the publication of this announcement via a Regulatory Information Service ("RIS"), this inside information is now considered to be in the public domain.

For further information:

 
 Windar Photonics plc             Jørgen Korsgaard Jensen, Interim CEO    [phone] 
 Cantor Fitzgerald Europe         Andrew Craig 
  Nominated Adviser and Broker     Richard Salmond                             [phone] 
 

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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November 04, 2016 03:00 ET (07:00 GMT)