Everdura and LDES Projects
Two key projects, Everdura and LDES, shifted to Q1 2025, impacting revenue expectations for 2024 but showing potential for significant revenue in 2025.
Gamesa Electric Order
The company announced a significant order from Gamesa Electric, marking progress in the Mistral product deployment.
Department of Energy Projects
Progress with multiple projects funded by the U.S. Department of Energy, including a 12MW Mistral array with Pacific Northwest National Labs.
New Leadership and Commercial Focus
Addition of experienced personnel in sales and market intelligence, focusing on core regions and improving commercial strategy.
Strong Trade Show Presence
Significant interest and leads from major trade shows in the UK and US, indicating growing market interest.
UK Government Support
Strong alignment with UK government policies on renewable energy, benefiting from potential cap and floor regimes.