Photon Energy announces the grid connection of a 653 KWp rooftop portfolio for a client
29-12-2010
The Management Board of Photon Energy announces that on 29 December 2010 the company's fully-owned subsidiary Photon Engineering s.r.o. completed and secured grid connection with PRE Distribuce a.s. for a portfolio of 14 rooftop photovoltaic plants with a total installed capacity of 653.3 KWp for its client Novacento a.s.
Mainly in response to the introduction of a 26% tax on the revenues of photovoltaic plants with installed capacities exceeding 30 KWp and connected to the grid in 2009 and 2010 (see EBI report 93/2010) the number of rooftop installations was reduced from 18 to 14 and the total installed capacity was reduced from 1.23 MWp to 653.3 MWp against the original plan. Nevertheless, this portfolio of rooftop photovoltaic installations is the largest installation using Solyndra modules in the Czech Republic and the CEE region. For more information on the project please also refer to EBI report 55/2010.
Based on the completion of this project Photon Energy managed to build and connect all photovoltaic plants for its clients securing the feed-in-tariff for 2010.
Legal basis: Article 3, Section 1, of Exhibit 3 of the Alternative Trading System Rules, as adopted by Resolution Nr. 147/2007, dated 1 March 2007, and amended by Resolution No. 733/2009, dated 18 December 2009, of the Warsaw Stock Exchange Management Board
Mainly in response to the introduction of a 26% tax on the revenues of photovoltaic plants with installed capacities exceeding 30 KWp and connected to the grid in 2009 and 2010 (see EBI report 93/2010) the number of rooftop installations was reduced from 18 to 14 and the total installed capacity was reduced from 1.23 MWp to 653.3 MWp against the original plan. Nevertheless, this portfolio of rooftop photovoltaic installations is the largest installation using Solyndra modules in the Czech Republic and the CEE region. For more information on the project please also refer to EBI report 55/2010.
Based on the completion of this project Photon Energy managed to build and connect all photovoltaic plants for its clients securing the feed-in-tariff for 2010.
Legal basis: Article 3, Section 1, of Exhibit 3 of the Alternative Trading System Rules, as adopted by Resolution Nr. 147/2007, dated 1 March 2007, and amended by Resolution No. 733/2009, dated 18 December 2009, of the Warsaw Stock Exchange Management Board
