Photon Energy published its monthly investor report for January2018. Due to unfavourable weather conditions in some regionsthe power plants in the company's proprietary portfolioproduced on average 1% less energy than expected.
In Australia Photon Energy signed an agreement for the jointdevelopment of five of its utility scale solar projects with atotal capacity of 1.14 GWp in New South Wales, Australia withCanadian Solar, one of the world’s largest solar powercompanies.
In Hungary the company announced expansion of its projectpipeline by adding 13 projects in two different locations, thusincreasing it nearly twofold up to 20.6 MWp.
Finally, Photon Energy released its report for Q4 2017,announcing more than a doubling in revenues and an 81% consolidatedEBITDA increase, whereas for the full year 2017 consolidatedrevenues grew by 31.9% to EUR 17.258 million.
Download the monthly report here (pdf).
All our reports can be found onthe Reports page in our InvestorRelations section.
MEDIA CONTACT
Anastasia Hotar
T +420 775 861 732
E anastasia.hotar@photonenergy.com
