01/17/2020 | Press release | Distributed by Public on 01/17/2020 09:34
In December, generation results of Photon Energy's proprietary PV power plants amounted to 1.6 GWh of electricity, which was 22.8% above the monthly energy forecasts. On a cumulative year-to-date basis the electricity production results were solid and amounted to 43.8 GWh, which was 8.2% above energy forecasts.
On 4 December, the New South Wales government gave the green light to the 160-MW solar project in Maryvale. In Hungary, an additional 2.1 MWp were connected, bringing the global portfolio to 51.8 MWp. The Company signed an O&M agreement for 17.6 MWp in Hungary.
During the reporting period, Photon Energy continued working on the Lord Howe Island renewable energy project, awarded by the island's management board, to install a hybrid solar and battery-storage system.
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