January 2022 at Photon Energy Group

Our proprietary portfolio of PV power plants produced 6.3 GWh of electricity, compared to 2.4 GWh in January 2021. This is an increase of 166.1%, propelled by the addition of a new power plant in Tolna, Hungary in December.

The clean electricity generated by our plants in the first month of 2022 represents an avoidance of 2,956 tonnes of CO₂ emissions.

We announced our unaudited financial results for 2021, reporting a revenue increase of 28.7% YoY and an EBITDA increase of 13.6%.

We were announced as the winner of Bond Magazine’s award for Best Issuer, Green SME Bonds 2021, a recognition of our dedication to transparent business practices and sustainability.

We are considering operating all of the power plants in our Hungarian IPP portfolio on a merchant basis, temporarily,  in order to benefit from recent electricity price increases in Hungary.

Download Monthly Report for January 2022