Windar Photonics wins contract from India's National Institute of Wind Energy
Resource from: Windar Photonics Likes:275
Dec 30,2016
AIM-listed wind energy company Windar Photonics has won a public tender for a multi-beam Lidar system from the Indian National Institute of Wind Energy, a research centre.
The company, which develops lidar wind sensors for use on electric wind turbines, said the Lidar systems will be installed during the first quarter of 2017 on a wind turbine produced by an Indian original equipment manufacturer in order to optimise the turbine.
The Lidar system will enables the wind turbine to yaw and pitch according to the oncoming wind, increasing the power generated by as much as 1-4% per year and will also prolong life of the wind turbine.
The institute works under the under the Indian government's Ministry of New and Renewable Energy, and conducts research on wind turbine technology, resource assessment, and verifies wind turbine technology according to standards set by the International Electrotechnical Commission, a non-governmental body based in Geneva.
It also certifies wind turbine technology for the Indian market by ensuring compatibility between the meteorological conditions in the country, with technologies that have been developed and certified for other regions.
Jørgen Korsgaard Jensen, interim chief executive, said: "The order from the Indian National Institute of Wind Energy is another positive development for Windar Photonics in the Indian market, as the Indian National Institute of Wind Energy is a well-respected institution within the Indian wind energy industry.
“The expected verification by the Indian National Institute of Wind Energy of our Lidar systems is an important step forward, supporting our future business in India."
On Wednesday, the company announced it had won an order for five of its WindeEye Lidar units from an independent power producer in India, with an option to buy a further 35 units.
Shares in Windar Photonics were up 3.75% to 83p at 1131 GMT.
(Windar Photonics)
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