5th Apr 2016 08:35
LONDON (Alliance News) - Windar Photonics PLC on Tuesday announced an order of 15 WindEYE light detection and ranging units, for use on electricity generating wind turbines, from the Chinese market for delivery in April 2016.
The units are to be installed on Goldwind wind turbines already operating in China during the second quarter of 2016, the company said.
"We are very pleased with the progress being made in multiple markets due to the flexibility which our LiDAR product offers in terms of both retrofit or new turbine deployment to asset owners," Chief Executive Officer Martin Rambusch said in a statement.
Windar Photonics didn't provide the value of the new order but said it was strategically important for it.
"This order is an important milestone for Windar in terms of our market presence in the Chinese Market. It is also a significant step forward towards a collaboration with the Chinese Wind Turbine OEMs concerning direct control system integration of Windar's LiDAR units as part of the design stage of wind turbine development," Rambusch said.
Shares in Windar Photonics were untraded on Tuesday morning at 104.00 pence.
By Samuel Agini; [email protected]; @samuelagini
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