March 2020 at Photon Energy

14.4.2020

Thanks to particularly favourable weather conditions, the average performance of the proprietary power plants came in 17.9% above expectations with 6.4 GWh generated during the reporting period. These excellent results were driven by the superior outperformance of our Czech power plants, which delivered 53.5% more electricity than projected.

The latest addition of eight PV power plants with a total capacity of 5.4 MWp in Tata, Hungary expanded the Company’s installed base in Hungary to 31.5 MWp and its total proprietary portfolio of PV power plants to 57.1 MWp.

After the reporting period, the Company entered a strategic partnership with the Australian technology company RayGen Resources Pty Ltd. in order to develop global renewable energy projects suitable for the roll-out of RayGen’s unique solar power and electricity storage technology. Additionally, Photon Energy won a tender by water utility North East Water for a 3 MWp hybrid solar power plant in Victoria, Australia.

COVID-19 update:
The Company has undertaken all necessary measures to ensure the continuation of its business including the provision of services to its customers during these challenging times. The Group closely monitors and analyses the situation and its policies reflect the measures adopted by the governments of the countries in which its business activities take place.

Download the monthly report here (pdf).

All our reports can be found on the Reports page in our Investor Relations section.

MEDIA CONTACT

Martin Kysly
Photon Energy
T +420 774 810 670

  

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