November 2019 at Photon Energy

In November, electricity generation results of Photon Energy’sself-owned power plants amounted to 1.4 GWh of electricity, whichwas - due unfavourable weather conditions - 4.3 % below the monthlyenergy forecasts. Our proprietary portfolio of power plantsincreased by 7.0 MWp (with 2.1 MWp commissioned after the ReportingPeriod) in Hungary, expanding the total to 51.8 MWp.

After the Reporting Period, we closed another long-term projectfinancing agreement for additional 20.1 MWp of our proprietary PVpower plant portfolio in Hungary, and received Development Approvalfor 160 MWp PV project in Maryvale, Australia.

Additionally, we finalized the construction and grid-connected28 roof-top PV installations with a combined capacity of 2.8 MWpand a 1.7 MWp roof top installation for ALDI Stores Australiaacross New South Wales and Queensland. The construction of theentire 4.7 MWp project is due to be finalized in January 2020.

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MEDIA CONTACT

Martin Kysly
T +420 774 810 670
E martin.kysly@photonenergy.com