Photon Energy Group Sees Strong Q1 Growth and Advances Strategic Goals

Photon Energy Group has announced significant growth in its Q1 2025 financial results. The company achieved consolidated sales revenue of EUR 22.049 million, marking a 26.9% increase year-over-year. EBITDA also saw a substantial rise to EUR 1.206 million, up 54% compared to the previous year. This growth was primarily driven by increased electricity generation revenue and a significant rise in sales of photovoltaic technology.

The electricity generation segment experienced an 11.5% year-over-year increase in revenue, reaching EUR 4.178 million, facilitated by higher MWh prices. Although total electricity generation decreased due to the sale of assets and temporary shutdowns, output was offset by a strategic mix of merchant exposure and fixed revenues.

Despite delays and cost overruns impacting the engineering segment, Photon Energy advanced its strategic objectives. The company expanded its IPP portfolio and secured additional capacity contracts in Poland, ensuring future revenue streams. Meanwhile, innovative water recycling solutions and new EPC contracts highlight operational progress.