Windar Photonics launches wind turbine software platform

Windar Photonics announced Windar Nexus, a wind energy sector software platform, on Thursday.

  • Windar Photonics
  • 22 February 2024 16:14:54
Windar Photonics

Source: Sharecast

The AIM-traded LiDAR wind sensor specialist said the software was designed to enhance the efficiency and output of electricity-generating wind turbines.

It said Windar Nexus would provide local end-users of WindEye Lidar products with a seamless monitoring solution.

One of its key features was its ability to enable monitoring of WindEye Lidar fleets without the necessity for modular connectivity to the centralised Windar Control Centre in Copenhagen.

That, the firm explained, would effectively mitigate any connectivity issues stemming from evolving network and internet security protocols enforced by end-user customers.

The software offered monitoring capabilities to allow users to track system parameters.

Additionally, it continuously analyses data to identify potential optimisations for precise yaw adjustments tailored to each individual wind turbine.

By optimising yaw, Windar Nexus would allow for increased annual power production, further enhancing the efficiency of wind energy generation.

“The initial purpose of developing the Windar Nexus software suite was to reduce potential sales barriers to new end-user customers by eliminating the need for modular connectivity requirements whereby the increasing internet/network security policies are made irrelevant to our product offerings,” said chief executive officer Jorgen Korsgaard Jensen.

“And what might be even more important going forward is that, having a local software platform running on individual sites, potentially opens up the promotion of new software modules and solutions whereby Windar can launch new software releases focused on both additional turbine optimization and general turbine monitoring services.”

At 1301 GMT, shares in Windar Photonics were flat at 32.5p.

Reporting by Josh White for Sharecast.com.

N/A

Isin: N/A
Exchange: N/A
Sell:
N/A
Buy:
N/A
Change:
Date:
Prices delayed by at least 15 minutes

Compare our accounts

If you're looking to grow your money over the longer term (5+ years), we have a range of investment choices to help.

Bank of Scotland is not responsible for the content and accuracy of the Markets News articles. We may not share the views of the author. Understand the risks, please remember the value of your investment can go down as well as up and you may not get back the full amount you invest. We don't provide advice so if you are in any doubt about buying and selling shares or making your own investment decisions we recommend you seek advice from a suitably qualified Financial Advisor. Past performance is not a guide to future performance.

Important legal information

Bank of Scotland Share Dealing Service is operated by Halifax Share Dealing Limited. Halifax Share Dealing Limited. Registered in England and Wales No. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire HX1 2RG. Authorised and regulated by the Financial Conduct Authority, 12 Endeavour Square, London, E20 1JN under number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Logo Allfunds

The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.

FE fundinfo Logo

Data provided by FE fundinfo. Care has been taken to ensure that the information is correct, but FE fundinfo neither warrants, represents nor guarantees the contents of information, nor does it accept any responsibility for errors, inaccuracies, omissions or any inconsistencies herein. Past performance does not predict future performance, it should not be the main or sole reason for making an investment decision. The value of investments and any income from them can fall as well as rise.

Refinitiv Logo

© 2025 Refinitiv, an LSEG business. All rights reserved.