7.11.2018 Photon Energy posts continuous growth in revenue and strong pre-tax profit in 2018Q3

Photon Energy N.V. (WSE: PEN, the ‘Company’), a global solar power solutions and services provider, today announced financial results for the third fiscal quarter ended 30 September 2018. The Company posted quarterly revenue of EUR 6.173 million, an increase of 25.8% from the year-ago quarter, and record profit before tax of EUR 1.543 million, up 74.8% compared to the prior-year quarter. more

5.11.2018 Photon Energy breaks ground on 5.5 MWp solar projects in Almásfüzitő, Hungary

Photon Energy (WSE: PEN, the 'Group') announces that its subsidiary Photon Energy Solutions HU Kftstarted construction as EPC contractor on eight photovoltaic power plants with a total capacity of 5.5 MWp in Almásfüzitő, Hungary. more

24.10.2018 Photon Energy starts construction on 5.5 MWp solar projects in Tiszakécske, Hungary

Photon Energy (WSE: PEN, the 'Group') announces that its subsidiary Photon Energy Solutions HU Kft broke ground as EPC contractor on eight photovoltaic power plants with a total capacity of 5.5 MWp DC in Tiszakécske, Hungary. more

9.10.2018 September 2018: Best September production figures and fully placed EUR 30 million bond

Thanks to extraordinarily favourable weather conditions in September, Photon Energy posted the best production results for the month of September in the company history, up 38.5% on average. During the reporting period, Photon Energy N.V. has also successfully placed its EUR 30 million corporate bond setting another milestone for further expansion in the target markets of Australia and Hungary. more

11.9.2018 August 2018: Production outperformance, EUR 30 million bond placement, and successful mission to Peru

Due to particularly favourable weather conditions in the month of August, Photon Energy’s solar power plants exceeded energy forecasts by an average of 10.3 %. In the reporting period, the company successfully placed its EUR 30 million corporate bond unlocking another milestone for further expansion in the target markets Australia and Hungary. more

7.9.2018 Photon Energy achieves full placement of bond totalling EUR 30 million

On 7 September 2018 Photon Energy N. V. fully placed its 7.75 % corporate bond 2017/22 with a total volume of EUR 30 million. The net issue proceeds will flow into the construction of major utility-scale projects in Australia and Hungary for the company’s own portfolio. Investors can still purchase the bond at the open market of the Frankfurt Stock Exchange and other stock exchanges in Germany. more

10.8.2018 July 2018: Production in line with expectations and new O&M contract in Romania

Thanks to favourable weather conditions in July the production of Photon Energy’s power plants was right in line with production forecasts. In Romania the Company signed a new O&M contract expanding its O&M services portfolio to 222 MWp worldwide. more

7.8.2018 Photon Energy reports 2018Q2 financial results

Revenue, EBITDA and EBIT Hit New All-Time Records / Positive Outlook for Australian and Hungarian Projects / O&M Services Portfolio Reaches 222 MWp Worldwide / Subsidiary Photon Water Technology Launches Solar-Powered Algae Control System / Bond Placement Boosts Company’s Credibility more

13.7.2018 June 2018: YTD production outperformance and increased O&M business

Even though the production of power plants in Photon Energy's portfolio did not meet expectations due to less favourable weather conditions in June 2018, on a year-to-date basis, it remained 5.1 % above expected values. June also saw a new O&M contract signed in the Czech Republic, expanding Photon Energy Operations’ total O&M services portfolio to 218 MWp worldwide. more

12.6.2018 May 2018: Production outperformance in all four countries, online investor chat, successful algae control by Photon Water

Thanks to the sunny weather in May both in Central Europe and Australia the proprietary power plants of Photon Energy outperformed the forecasts by 5%, whereas the first connected solar power plant in the Hungarian town of Fertőd produced 10.3% above the energy audit. more

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