Brief: Kyoto Group Updates Targets

Kyoto AS

27/10/2022 06:13

Oct 27 (Reuters) - Kyoto Group AS  KYOTO.OL :
    * KYOTO GROUP AS - UPDATING TARGETS
    * TARGET FOR COST OF STORAGE (LCOS):  EUR 15 PER MWH FOR
2025
    * CAPEX AMBITION FOR 2025 IS KEPT AT SAME LEVEL, EUR 40 PER
INSTALLED KWH OF STORAGE
    * TARGET: 5-10 COMMERCIAL ORDERS FOR 2023 AND 10-20
COMMERCIAL
ORDERS FOR 2024
    * BY 2025, KYOTO EXPECTS TO HAVE INSTALLED MORE THAN 2,000
MWH OF
THERMAL ENERGY STORAGE AND REACH EBITDA BREAK EVEN

Source text for Eikon:  ID:nWkr6pHXkW 
Further company coverage:  KYOTO.OL 
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