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Hove - Investor news HSL.pdf
Beskrivning
| Land | Danmark |
|---|---|
| Lista | First North Denmark |
| Sektor | Material |
| Industri | Plast, kemikalier & fetter |
22.5.2025 12:27:46 CEST | Hove A/S | Investor News
HOVE Group is proud to announce the successful implementation of its cutting-edge IoT solution, Hove Smart Lube (HSL), in the wind energy sector.
The first deployment has been carried out at one of Hove India’s most prestigious clients, ReNew, a leading international independent power producer (IPP) from India.
This milestone project involved the lubrication of 34 wind turbines at a single wind farm during its first annual maintenance cycle, all fully serviced using the Hove Smart Lube system. With this, Hove Smart Lube enters commercial operation in the wind industry, delivering real-time data and documentation of lubrication activities - marking a significant step forward in operational efficiency and asset management.
ReNew, which commands a total commissioned wind energy capacity of 7.7 GW - representing 15% of India’s 50 GW wind energy capacity - has taken a pioneering step in adopting digital lubrication solutions. The collaboration showcases Hove Group’s commitment to innovation and reliability in critical industries such as wind energy.
"This successful implementation confirms Hove Smart Lube's readiness for commercial deployment in wind and reinforces our position as a key enabler of digital transformation in industrial lubrication", says Hans Christian Hansen, CEO at Hove Group.
The project underscores Hove’s strategic focus on the wind energy segment and sets the stage for further expansion of Hove Smart Lube technology across global renewable energy markets.
Further information
Hans Christian Hansen
CEO
Email: investor@hove-as.dk
Certified adviser
Norden CEF A/S
John Norden
jn@nordencef.dk
About Hove A/S
Hove is a supplier of lubrication solutions for mechanical bearings, primarily in the wind turbine industry. Hove's solutions provide customers with significant annual operating cost savings, while at the same time ensuring that lubrication is performed and documented correctly, which extends the life of the bearings. Over the past 20 years, Hove has set new standards for lubrication in the wind turbine industry. Hove's patented IoT solution will strengthen Hove’s position as market leader. With its unique product and an experienced team, Hove has achieved a strong market position in the wind turbine industry and an international presence.