In February, electricity generation results of Photon Energy’sproprietary PV power plants came in 29.3% above expectations. Basedon the YOY increase in the installed capacity of our portfolio from31.6 to 51.7 MWp, the total volume of produced electricity inFebruary increased by 56.7% to 3.54 GWh.
Photon Energy commissioned eight PV power plants with a totalcapacity of 5.4 MWp in Tata, Hungary. This latest addition - justafter the end of the reporting period - expands the Company’sinstalled base in Hungary to 31.5 MWp and its total proprietaryportfolio of PV power plants to 57.1 MWp.
Photon Energy is closely monitoring the evolution of thecoronavirus outbreak, in line with local and national authoritiesand the World Health Organisation travel advice. Our policiesreflect those of the country authority in which our businessactivities take place. For the time being, all of Photon Energy’soffices remain fully operational.
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Martin Kysly
Photon Energy
T +420 774 810 670
E martin.kysly@photonenergy.com