Thanks to particularly favourable weather conditions, theaverage performance of the proprietary power plants came in 33.7%above expectations with a record 9.3 GWh generated during thereporting period. These excellent results were driven primarily byan extraordinary outperformance of our power plants in the CzechRepublic, producing by 51.1% more electricity than projected.
Photon Energy entered into a strategic partnership with theMelbourne-based technology company RayGen Resources to developglobal renewable energy projects suitable for the rollout ofRayGen’s unique solar power and electricity storage technology.Photon Energy will act as a project developer, EPC contractor and –where suitable – as a project equity investor.
Acting as an EPC contractor, Photon Energy won a tender for thedesign and construction of a 3 MWp solar power plant in the city ofWodonga in Victoria, Australia.
The Company completed and grid-connected five PV power plantswith a total installed capacity of 3.5 MWp in the municipalities ofMályi and Kunszentmárton, Hungary. This latest addition expands theGroup's installed base in Hungary to 35.0 MWp and its totalproprietary portfolio of power plants to 60.6 MWp.
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MEDIA CONTACT
Martin Kysly
Photon Energy
T +420 774 810 670
E martin.kysly@photonenergy.com
