Orders, acquisitions and doubts
This provider of nifty technology to help wind turbines operate more efficiently has received another encouraging order. Elsewhere, there was an acquisition for a manufacturer of eyewear and reassurance from an unusual provider of alternative financing solutions, although we remain unconvinced by the business model of the last of these. (Free to read)
Windar Photonics: looking up Windar Photonics (AIM:WPHO), the technology group that has developed a cost efficient and innovative LiDAR wind sensor for use on electricity generating wind turbines, announced that it has received a second volume order from industry giant Vestas Wind Systems A/S under its global distribution agreement. The order is for 89 of Windar’s latest generation WindEye 3 systems for two wind sites located in North America, with delivery expected to commence during the first quarter of 2022. The distribution agreement with Vestas supports the distribution of Windar’s systems as a retrofit product to optimise the energy production…