FSX

EQS-News: Photon Energy Group Secures Polish Capacity Market Contracts for 316 MW, Locking in Revenues of EUR 13 Million for 2025

Retrieved on: 
Wednesday, April 10, 2024
Photon, EUR, DSR, Photon energy, FSX, Growth, Q1, Electricity, Acquisition, Q4, PLN, HVAC, Q3, Costochondritis, Demand-side, Renewable energy

Photon Energy Group Secures Polish Capacity Market Contracts for 316 MW, Locking in Revenues of EUR 13 Million for 2025

Key Points: 
  • Photon Energy Group Secures Polish Capacity Market Contracts for 316 MW, Locking in Revenues of EUR 13 Million for 2025
    The issuer is solely responsible for the content of this announcement.
  • Photon Energy Group Secures Polish Capacity Market Contracts for 316 MW, Locking in Revenues of EUR 13 Million for 2025
    As a result of additional auctions for 2025, the Company concluded contracts for 316 MW (out of which 315 MW is DSR capacity) in addition to the previously contracted 10 MW for the same year, ensuring PLN 56.1 million (EUR 13 million) in revenues for 2025.
  • With the previously contracted capacity of 10 MW for 2025, the Company’s total capacity obligation of 316.088 MW will ensure PLN 56.1 million (EUR 13 million) in Capacity Market revenues for 2025.
  • Photon Energy participated and secured 316 MW in capacity, with 315 MW designated for DSR (Demand Side Response) units.

EQS-News: Photon Energy Group Presents Preliminary Results for 2023

Retrieved on: 
Wednesday, March 13, 2024
Photon, Reconstruction, KWP, PV, European Central Bank, Weather, IPP, Plant, Sale, Green bond, FSX, EBRD, Yoy, EUR, History, EPC, Nominal power (photovoltaic), Electricity, O&M, Q&A, Kilowatt-hour, Power purchase agreement, Environment, Photon energy

Amsterdam – 20 February 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (the ‘Group’ or the ‘Company’) has announced its unaudited financial results for the fourth quarter of 2023 and for the full fiscal year ending 31 December 2023.

Key Points: 
  • Amsterdam – 20 February 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (the ‘Group’ or the ‘Company’) has announced its unaudited financial results for the fourth quarter of 2023 and for the full fiscal year ending 31 December 2023.
  • ‘We are aware that the results published in this Q4 2023 report are not what we wished for and promised at the beginning of 2023.
  • Despite all these adversities, we managed to achieve the largest increase in generation capacity in the history of Photon Energy Group with overall 35.4 MWp commissioned within a year,’ said Georg Hotar, CEO of Photon Energy Group.
  • Furthermore, on 24 January 2024, EBRD approved the provision of a financing facility to Photon Energy Group in the amount of up to 15 million EUR.

EQS-News: Powering Progress: Photon Energy Commissions its 10th PV Power Plant in Romania

Retrieved on: 
Monday, February 5, 2024
Photon, Plant, Independent power producer, IPP, EPC, Nominal power (photovoltaic), CEE, FSX, Photon energy, Kilowatt-hour, O&M, PV, EUR, Electricity, Engineering, Renewable energy

Amsterdam/Bucharest – 1 February 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that Photon Energy Engineering Romania S.R.L.

Key Points: 
  • Amsterdam/Bucharest – 1 February 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that Photon Energy Engineering Romania S.R.L.
  • ‘We are pleased to announce the successful commissioning of our tenth PV power plant in Romania, marking a significant milestone for our activities in this core market,’ said Georg Hotar, CEO of Photon Energy Group.
  • The power plant is owned and operated by a special-purpose subsidiary of Photon Energy Group.
  • In the Romanian market, Photon Energy offers a wide range of solar power solutions including project development, EPC (engineering, procurement and construction) and O&M (operations and maintenance) for PV power plants.

EQS-News: Photon Energy Group Announces Project Sale and Development Partnership with INWE Group

Retrieved on: 
Tuesday, January 30, 2024
Photon, PGE, PV, Partnership, AC, RTB, Sale, Investment, Acquisition, PM, Plant, O&M, FSX, Renewable energy

Photon Energy Group has sold the project development rights to its PV Project in Złoczew, Poland (2.3 MW AC) to INWE Group’s subsidiary PM PV 7.

Key Points: 
  • Photon Energy Group has sold the project development rights to its PV Project in Złoczew, Poland (2.3 MW AC) to INWE Group’s subsidiary PM PV 7.
  • Photon Energy Group and INWE Group are in advanced negotiations regarding a comprehensive partnership for the sale and development of Photon Energy Group’s small- and mid-sized Polish PV projects, which have a total capacity of up to 11.5 MW AC.
  • Amsterdam/Warsaw – 25 January 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’, the ‘Company’ or the ‘Seller’), a leading international renewable energy services provider, recently announced the signing of a sale and development agreement with PM PV 7 Sp.
  • What started with INWE Group entrusting their already operating PV power plants to Photon Energy Operations Polska for O&M services, is growing into a more comprehensive partnership,’ said Georg Hotar, CEO of Photon Energy Group.

EQS-News: Photon Energy Signs 20-year On-site Power Purchase Agreement with FORVIA Clarion Hungary for 13.5 GWh

Retrieved on: 
Tuesday, January 30, 2024
Photon, CO2, Photon energy, Electricity, Kilowatt-hour, PPA, Carbon, CEE, FSX, Renewable energy

Under the power purchase agreement (PPA), Photon Energy will develop, build and operate a 630 kWp solar PV power plant on the customer’s premises which is projected to generate 13.5 GWh of electricity over the 20-year contract period.

Key Points: 
  • Under the power purchase agreement (PPA), Photon Energy will develop, build and operate a 630 kWp solar PV power plant on the customer’s premises which is projected to generate 13.5 GWh of electricity over the 20-year contract period.
  • Clarion Hungary, a subsidiary of the global automotive technology leader FORVIA, will be the corporate offtaker for 100% of the energy produced by the power plant upon its completion.
  • Amsterdam/Budapest – 30 Januray 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that its Hungarian subsidiary Photon New Energy Alfa Kft.
  • has signed a 20-year on-site power purchase agreement with FORVIA Clarion Hungary, a subsidiary of the global automotive industry leader FORVIA, for the construction and operation of an on-site solar PV power plant with an approximate capacity of 630 kWp.

EQS-News: Photon Energy Connects 3.9 MWp Solar PV Power Plant to Grid in Romania

Retrieved on: 
Saturday, January 13, 2024
Photon, Nominal power (photovoltaic), Photon energy, PV, Electricity, Kilowatt-hour, EPC, CEE, EUR, Plant, Engineering, O&M, FSX, Independent power producer, Renewable energy

Amsterdam/Bucharest – 10 January 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that Photon Energy Engineering Romania S.R.L.

Key Points: 
  • Amsterdam/Bucharest – 10 January 2024 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that Photon Energy Engineering Romania S.R.L.
  • ‘We are excited to have expanded our portfolio of operating solar PV assets by an additional 3.9 MWp in Romania,’ said Georg Hotar, CEO of Photon Energy Group.
  • The power plant is owned and operated by a special-purpose company, which itself is fully owned by Photon Energy Group.
  • The Company’s IPP (Independent Power Producer) portfolio now includes 97 solar power plants, with a combined generation capacity of 127.3 MWp.

EQS-News: Photon Energy Group Achieves Record Electricity Generation in Challenging Third Quarter of 2023

Retrieved on: 
Saturday, December 30, 2023
Photon, FSX, Nominal power (photovoltaic), PV, EPC, O&M, IPP, Electricity, DSR, Q&A, Plant, Yoy, Weather, Kilowatt-hour, Growth, EUR, PFAS, EBRD, YTD, Renewable energy

In the first nine months of 2023, the Company’s unaudited consolidated revenues amounted to EUR 59.456 million, down by 12.3% YoY.

Key Points: 
  • In the first nine months of 2023, the Company’s unaudited consolidated revenues amounted to EUR 59.456 million, down by 12.3% YoY.
  • Amsterdam – 14 November 2023 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (the ‘Group’ or the ‘Company’) has announced its unaudited financial results for the nine months ended on September 30, 2023, as well as recent operational developments.
  • ‘The third quarter has confirmed that 2023 is a very challenging year in many of our key business areas.
  • Revenues from electricity generation amounted to EUR 18.663 million, down by 40.6% YoY, mainly due to lower realised electricity prices and unfavourable weather conditions.

EQS-News: Photon Energy Signs O&M Contract for 100 MWp Rutki and Góra PV Power Plants

Retrieved on: 
Thursday, December 14, 2023
Photon, Nominal power (photovoltaic), OX2, Acceleration, Czech Republic, WSE, Growth, Plant, PV, CEE, FSX, O&M, Photon energy, Renewable energy, Rutki

Photon Energy has signed a full operations and maintenance (O&M) contract for 100.19 MWp installed PV generation capacity with OX2 Construction AB (‘OX2’), one of Europe’s leading developers of renewable energy sources, headquartered in Sweden.

Key Points: 
  • Photon Energy has signed a full operations and maintenance (O&M) contract for 100.19 MWp installed PV generation capacity with OX2 Construction AB (‘OX2’), one of Europe’s leading developers of renewable energy sources, headquartered in Sweden.
  • The Company has concluded O&M service contracts for a combined 267.5 MWp of PV assets in the Polish market.
  • Amsterdam/Warsaw – 30 November 2023 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’) announces that its Polish solar O&M services subsidiary Photon Energy Operations PL Sp.
  • We are committed to ensuring that the Rutki and Góra power plants will have industry-leading uptime and performance,’ said Georg Hotar, CEO of Photon Energy Group.

Fosterville South Exploration Ltd. Changes Name to Great Pacific Gold Corp.

Retrieved on: 
Tuesday, September 19, 2023
TSX Venture Exchange, EL, MRA, PNG, WDR, Fosterville, Acquisition, Risk, Mining, GPAC, ELA, CUSIP, FSX, News, New Exploration Licensing Policy

VANCOUVER, British Columbia, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Fosterville South Exploration Ltd. ("Fosterville South" or the “Company”) (TSXV:FSX) (OTCQX: FSXLF) (Germany: 4TU) is pleased to announce that it has changed its name from “Fosterville Exploration Ltd.” to “Great Pacific Gold Corp.” (the “Name Change”).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Fosterville South Exploration Ltd. ("Fosterville South" or the “Company”) (TSXV:FSX) (OTCQX: FSXLF) (Germany: 4TU) is pleased to announce that it has changed its name from “Fosterville Exploration Ltd.” to “Great Pacific Gold Corp.” (the “Name Change”).
  • The Company’s common shares will commence trading on the TSX Venture Exchange under its new name and new stock symbol GPAC effective September 21, 2023.
  • The CUSIP number assigned to the Company's shares following the name change will be 39115A107.
  • Details of each of the WDR Properties and the earn-in obligations are set forth in the news release dated July 5, 2023.

EQS-News: Photon Energy Joins RayGen to Open World-Leading Solar and Storage Plant in Australia

Retrieved on: 
Saturday, September 16, 2023
Photon, Partnership, Photon energy, Chevron Corporation, WSE, Schlumberger, Electricity, Australian Renewable Energy Agency, Investment, ARENA, AGL Energy, Solar energy, GWP, FSX, SLB, Renewable energy, Cryptocurrency

Photon Energy plans to deploy the unique RayGen technology for its 200 MW PV solar coupled with 115 MW of thermal storage project in Yadnarie, Australia.

Key Points: 
  • Photon Energy plans to deploy the unique RayGen technology for its 200 MW PV solar coupled with 115 MW of thermal storage project in Yadnarie, Australia.
  • Amsterdam/Sydney – 8 September 2023 – Photon Energy N.V. (WSE&PSE: PEN, FSX: A1T9KW) (‘Photon Energy Group’ or the ‘Company’), an Amsterdam-based renewable energy company delivering clean energy and water solutions in Europe and Australia joined with the Melbourne-based energy technology company RayGen Resources Pty Ltd (‘RayGen’) to celebrate the opening of RayGen’s innovative solar-plus-storage plant in Carwarp, Victoria.
  • ‘We are excited to celebrate the opening of RayGen’s solar-plus-storage plant, an important milestone in the energy transition in Australia and beyond’, said Georg Hotar, CEO of Photon Energy Group.
  • Along with developing RayGen projects, Photon Energy Group has since April 2020 made several equity investments in RayGen maintaining 7.6% stake in the high-tech company.