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Vergnet S.A. ( (FR:ALVER) ) has shared an update.
Vergnet SA has shipped wind turbine nacelles from its Ormes site for the Claybury wind farm in Barbados, marking a step in its strategic redeployment. The project, a collaboration with Pavana Energy Ltd., involves three hurricane-resistant turbines designed for tropical conditions, contributing to Barbados’ ambitious renewable energy goals. This initiative strengthens Vergnet’s position in the renewable energy market and supports Barbados’ sustainable energy infrastructure development.
More about Vergnet S.A.
Vergnet SA is a French company specializing in renewable energy production solutions, including wind, solar, and hybrid systems. Known for its patented hurricane-resistant wind turbines and the Hybrid Wizard system, Vergnet operates installations in non-interconnected networks, particularly in island and hurricane-prone areas. The company has installed 1,000 wind turbines, operates in over 50 countries, and has 200 employees across 11 locations. Vergnet is listed on Euronext Growth and has been since 2007.
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €318.3K
Learn more about ALVER stock on TipRanks’ Stock Analysis page.