Photon Energy ends 2020 with improved EBITDA and increased portfolio of projects in preparation

Photon Energy closed 2020 with revenues of €28.258 million, down 6.3 percent y/y. Revenues from the sale of technology decreased by 27.8 percent y/y which was influenced by the demanding environment in connection with the coronavirus pandemic. The company, in turn, recorded a solid increase in revenues from the sale of electricity, which amounted to 17.6 percent.