Photon Energy N.V.: Photon Energy signs new contracts for 13,5 MWp of O&M

Company will deliver operations and maintenance for large-scale power plants in Czech Republic

Amsterdam (pta/10.03.2015/10:00) Photon Energy's subsidiary "Photon Energy Operations" has expanded its O&M portfolio, adding 13,5 MWp in the Czech Republic by taking over the full operations, monitoring and maintenance for five power plants owned by investors WIS Energo.

In the last year Photon Energy Operations has doubled its portfolio to almost 140 MWp, delivering full-O&M, standalone monitoring solutions and specialised central PV inverter maintenance to power plants in eight countries across two continents. Furthermore Photon Energy Operations delivers regular service interventions and delivers spare parts for a further approx. 100 MWp in several European countries.

"Combined with our investment protection services we can deliver complete lifecycle services for assets, from maintenance and operations on the ground as well as legal protection", comments Photon Energy CEO Georg Hotar.

"Retroactive cuts to Feed in Tariffs or taxes, such as the ones imposed on Czech solar investors, shift the focus of investors more and more towards getting the most out of their assets", Hotar explains, emphasising Photon Energy's approach based on cost-saving and yield-maximisation through preventive maintenance.

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