financial update

Leading SMSL member confirms milestones for shipments (14.3GW), gross profit (US$780.2m) and others in 2019, predicting COVID-19 will not “materially” hurt business

Utility’s renewable spending soars 85% to €3.34bn during year it completed Europe’s biggest solar plant and put forward large PV hybrid in Australia.

Firm sees slight revenue dip and minor EBITDA jump in first nine months of year when overseas PV portfolio reached 1.138GW, with new solar plays in Europe and America.