Brief: Photon Energy Sees EUR 0.6 Mln Of Revenue From New Power Plant In 2024

Photon Energy NV

10/01/2024 08:52

Jan 10 (Reuters) - Photon Energy NV  PENP.WA :
    * HAS COMPLETED AND GRID-CONNECTED AN ADDITIONAL POWER PLANT
WITH
A GENERATION CAPACITY OF 3.9 MWP NEAR FĂGET, TIMIȘ COUNTY
    * SAYS TOTAL ANNUAL PRODUCTION OF POWER PLANT IS EXPECTED TO
BE
AROUND 5.8 GWH
    * COMPANY IS SET TO COMMISSION ADDITIONAL FOUR POWER PLANTS
WITH
COMBINED CAPACITY OF 16.9 MWP EARLY THIS YEAR
    * SAYS EXPECTED REVENUE FROM SAID PRODUCTION AT EUR 550,000
IN
2024 BASED ON THE CURRENT FORWARD PRICES FOR ELECTRICITY BASE
LOAD IN ROMANIA

Source text for Eikon:  ID:nEQ6sCGF1a 
Further company coverage:  PENP.WA 

 (Reporting by Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com;  +48 58 769 66 00;))