Windar Photonics (WPHO)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM All-Share

 44.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 50.50
  • 52 Week Low: 23.50
  • Currency: UK Pounds
  • Shares Issued: 81.29m
  • Volume: 34,650
  • Market Cap: £36.17m
  • RiskGrade: 745

Windar sells another five WindEYE sensor systems

By Josh White

Date: Monday 26 Jun 2017

LONDON (ShareCast) - (ShareCast News) - LiDAR wind sensor technology developer Windar Photonics announced a new order for five 'WindEYE' sensors from an unnamed Mexican independent power producer on Monday.
The AIM-traded firm said the order was for five 'WindEYE' wind sensor units, which were scheduled for immediate delivery, falling late in the second quarter.

It said the 'WindEYE' LiDAR units were to be integrated with five Vestas V112 wind turbines using Windar's 'WindTimizer' integration solution.

The ordered LiDAR sensors were intended for an optimisation project, where the company's board said the focus was on using the sensors to increase the annual energy production from the wind turbine generators.

It explained that the control system integration enabled the wind turbine to be aligned to the incoming wind with a "high degree of accuracy", increasing the annually-generated power by between 1% and 3%, and enhancing the lifespan of the wind turbine, as damaging loads affecting the wind turbine were reduced.

"I am pleased to announce the new order; not least due to the potential for additional orders for more LiDARs for the specific wind turbine site, which is planned to be extended to more than 1GW of capacity over the coming year," said Windar CEO Jørgen Korsgaard Jensen.

"Based on our surveying of the site, even minimal annual energy production improvements of 1% constitutes a very attractive business case for rolling out the LiDAR sensors on all turbines on this site.

"With the recently announced orders, including the order from the Mexican IPP, Windar is on track to deliver a high double digit growth rate for the first six months of 2017, both concerning total order intake and revenue for the period."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

WPHO Market Data

Currency UK Pounds
Share Price 44.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 50.50
52 Week Low 23.50
Volume 34,650
Shares Issued 81.29m
Market Cap £36.17m
RiskGrade 745

WPHO Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
79.76% below the market average79.76% below the market average79.76% below the market average79.76% below the market average79.76% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average
Price Trend
60.28% above the market average60.28% above the market average60.28% above the market average60.28% above the market average60.28% above the market average
69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average69.23% above the sector average
Income Not Available
Growth
57.00% above the market average57.00% above the market average57.00% above the market average57.00% above the market average57.00% above the market average
65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average65.71% above the sector average

WPHO Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
16:18 3,000 @ 44.05p
15:05 222 @ 44.05p
14:07 1,304 @ 44.79p
10:38 25,000 @ 44.00p
09:40 3,976 @ 44.00p

WPHO Key Personnel

CEO Jørgen Korsgaard Jensen (Danish)
Chair David George

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