IN BRIEF: Windar Photonics secures $2.6 million US retrofit order

Windar Photonics PLC - provider of light detection and ranging solutions for the wind energy industry with production, R&D and administrative operations in Ishoj, Denmark - Secures $2.6 million order for a full windfarm deployment to retrofit Vestas V82 wind turbines. The order is from an unnamed US customer, with the project scheduled for delivery and commissioning in the third quarter of the year. Says the order indicates ‘continued’ and ‘growing demand’ for its technology in North America. Adds that policy changes in North America relating to tax credit and tariffs has not had a material impact, with it reporting growing demand for its hardware and software solutions.

‘This latest order is another fantastic achievement for Windar Photonics and a clear indicator of the strong demand for our technology in North America. It’s clear that our Monitoring and Optimisation solution is delivering significant value, and we are proud to be a trusted partner in helping our customers enhance their wind farm performance,’ says Chief Executive Jorgen Jensen.

Current stock price: 54.75 pence, up 3.8% on Monday afternoon in London

12-month change: up 23%

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