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Tue, 19.11.2024
Photon Energy NV
Photon Energy Group Reports 7.9% Revenue Growth and More Than Doubled EBITDA Despite Market Challenges in the First Three Quarters of 2024
In 9M 2024, consolidated revenues amounted to EUR 64.141 million, compared to EUR 59.456 million a year earlier, representing a 7.9% increase year-on-year.
The consolidated EBITDA of EUR 9.857 million for 9 [ … ]
Fri, 18.10.2024
Photon Energy NV
Photon Energy Expands Romanian IPP Portfolio to Over 50 MWp
The Company has completed and grid-connected an additional power plant in Romania with a generation capacity of 3.2 MWp located near Sărulești in Călărași County.
The Sărulești power plant is Group’s thirteenth Romanian photovoltaic asset, bringing the total capacity of its Romanian p [ … ]
Wed, 02.10.2024
Photon Energy NV
Photon Energy Group Sells Two Solar Power Plants and Hybrid PV Project to CleanPeak Energy, Refocusing on Utility-Scale Energy Storage Development
The Company has signed an agreement to sell two operating solar power plants with a combined capacity of 14.5 MWp and a hybrid development-stage solar / battery project with a capacity of 8.2 MWp / 1 [ … ]
Mon, 30.09.2024
Photon Energy NV
Photon Energy to Run FORVIA’s First On-Site PPA Solar Power Plant in Hungary
Under a power purchase agreement (PPA) with FORVIA’s Clarion Hungary Electronics Kft. ("Clarion Hungary”), Photon Energy has developed, built and will now operate a 658 kWp solar photovoltaic (PV) power plant on the client’s premises. The plant is projected to generat [ … ]
Mon, 16.09.2024
Photon Energy NV
Photon Energy Connects 7.5 MWp Solar PV Power Plant to Grid in Romania
The Company has completed and grid-connected an additional power plant in Romania with a generation capacity of 7.5 MWp located near Făget in Timiș County
The Făget 3 power plant is the largest in the Group’s IPP portfolio to date and brings the number of operating plants t [ … ]
Thu, 12.09.2024
Photon Energy NV
Photon Energy Becomes First Energy Aggregator Listed by Energy Regulatory Office in Poland
Photon Energy is the first company to be officially listed as an energy aggregator by the Polish Energy Regulatory Office (pl. Urząd Regulacji Energetyki / URE).
Starting 1 December 2024, Photon Energy intends to provide aggregation of electricity, syste [ … ]
Tue, 20.08.2024
Photon Energy NV
Photon Energy Group Reports Financial and Operational Results for the First Half of 2024
Consolidated revenues increased from EUR 40.231 million in H1 2023 to EUR 41.289 million (+2.6% YoY) thanks to strong expansion in capacity market contracts and EPC business.
EBITDA of EUR 6.057 million more than doubled year over year compared to EUR 2.83 [ … ]
Mon, 20.05.2024
Photon Energy NV
Photon Energy Expands Footprint in Australasia, Signing a 20.8 MWp EPC and O&M Contract in New Zealand
Located in Pukenui in the Far North District of the North Island of New Zealand, the project is owned by Aquila Clean Energy APAC and Far North Solar Farm (FNSF).
This project signifies Photon Energy Group’s expansion into the New Zealand [ … ]
Fri, 17.05.2024
Photon Energy NV
Photon Energy Group to Sell 20.4 MWp Solar PV Project to Uniper
Photon Energy Group has concluded a conditional Share Purchase Agreement (SPA) for the sale of its large utility-scale project located in Domanowo, Podlaskie Voivodeship, Poland.
The sale price reflects market value, and the payment will take place in two instalments.
This divestm [ … ]
Fri, 17.05.2024
Photon Energy NV
Photon Energy Group Reports Financial and Operational Results for the First Quarter of 2024
In the first quarter, the Group's consolidated revenues amounted to EUR 17.375 million, compared to EUR 19.280 million a year earlier, representing a decrease of 9.9% YoY.
Consolidated EBITDA of EUR 0.783 million more than doubled YoY, compared to EUR 0. [ … ]