Thanks to particularly favourable weather conditions, theaverage performance of the proprietary power plants came in 17.9%above expectations with 6.4 GWh generated during the reportingperiod. These excellent results were driven by the superioroutperformance of our Czech power plants, which delivered 53.5%more electricity than projected.
The latest addition of eight PV power plants with a totalcapacity of 5.4 MWp in Tata, Hungary expanded the Company’sinstalled base in Hungary to 31.5 MWp and its total proprietaryportfolio of PV power plants to 57.1 MWp.
After the reporting period, the Company entered a strategicpartnership with the Australian technology company RayGen ResourcesPty Ltd. in order to develop global renewable energy projectssuitable for the roll-out of RayGen’s unique solar power andelectricity storage technology. Additionally, Photon Energy won atender by water utility North East Water for a 3 MWp hybrid solarpower plant in Victoria, Australia.
COVID-19 update:
The Company has undertaken all necessary measures to ensure thecontinuation of its business including the provision of services toits customers during these challenging times. The Group closelymonitors and analyses the situation and its policies reflect themeasures adopted by the governments of the countries in which itsbusiness activities take place.
Download the monthly report here (pdf).
All our reports can be found onthe Reports page in our InvestorRelations section.
MEDIA CONTACT
Martin Kysly
Photon Energy
T +420 774 810 670
E martin.kysly@photonenergy.com
