Photon Energy debuts on Warsaw Stock Exchange


Dutch solar energy solutions provider Photon Energy N.V. has debuted on the NewConnect market of the Warsaw Stock Exchange.

The company has grown from being a Czech solar power plant operator to a global photovoltaic solutions provider headquartered in Amsterdam within five years and becomes the first Dutch company to be listed on NewConnect.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

“While navigating uncertainty and volatility we remained focused on returning to the capital market as soon as possible, however, only after bringing on board the minority shareholders in the Czech predecessor. As promised, we enabled our original investors to swap their shares on a 1:1 basis in order to fully participate in our future growth. We have demonstrated that our shareholders are truly important to us and we are genuinely excited to fully benefit from our NewConnect listing now and the broad opportunities of the Warsaw Stock Exchange in the medium and long term”, said CEO Georg Hotar.

Photon Energy Group now spans three continents with a track record of 50MWp of installed capacity, of which the company holds 25MWp in its own portfolio. Photon Energy Operations, the group’s Operations & Maintenance (O&M) division, now services over 60MWp of power plants in six countries now looking to focus on the downstream market.

“We intend to grow our operations & maintenance business both in established photovoltaic markets with large installed generation capacity while leveraging our experience and capabilities in O&M to develop standardised financing solutions and energy management services”, explained Hotar.

“For the development and construction of new power plants we focus outside the traditional PV markets in the EU. Besides the promising Australian market, where we have been present since 2011, we are preparing our entry into the equally attractive Turkish market,” said Hotar.

“We are equally working on investment opportunities in Ontario while preparing a project development strategy for Japan. This geographic spread provides us with much-needed diversification between developed and emerging markets on the one hand and between feed-in-tariff-based and grid-parity markets on the other,” added Hotar.

Read Next

July 22, 2024
Balcony installations have been growing in Germany since the government streamlined the registration process in April.
July 22, 2024
The EU and the US are leading efforts to reduce the carbon intensity of PV manufacturing through targeted import tariffs. As well as supporting decarbonisation efforts, such policies could also promote geographic diversification in the solar supply chain and greater supply resilience, writes Michael Parr of the Ultra Low Carbon Solar Alliance.
July 22, 2024
Indian power company JSW Energy's renewables generation has increased by over 40% for Q1 FY2025, but solar's generation dropped by 2.7%.
July 22, 2024
Soltec has launched 4x4, a new foundation option for its SFOne range of trackers that aims to improve the flexibility of the range.
July 22, 2024
Australian Silica Quartz has started drilling at the Quartz Hill project which could provide the minerals for Quinbrook's polysilicon plant.
July 22, 2024
The amount of residential solar paired with a battery energy storage system (BESS) in California has increased notably under the state’s new net energy metering 3.0 (NEM 3.0) scheme.  

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 31, 2024
1:00 PM (BST) / 2:00PM (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA