Photon Energy N.V. reported production results for the month and year-to-date ended August 2022. For the month, the company reported production volume of 91.9 MWp proprietary portfolio of PV power plants generated the highest electricity revenues for the month. While the production volume of 12.96 GWh of electricity remained 11.9% below the June record of 14.71 GWh, it was up 11.7% year-on-year.
For the year-to-date, the company reported 93.501 GWh of electricity produced compared to 71.236 GWh one year ago (up 31.3% year-on-year). With 83% of the company's IPP (independent power producer) portfolio selling electricity directly to the grid at market prices.