Photon Energy has an agreement with OX2 for O&M services for the 100 MWp Rutki and Gora PV power plants

Photon Energy has concluded an agreement for full operation and technical maintenance (O&M) of a PV power plant with a capacity of 100.19 MWp with OX2 Construction AB (OX2) – one of the leading European developers of renewable energy projects, the company announced. So far, the company has concluded contracts in Poland for the provision of O&M services for photovoltaic assets with a total capacity of 267.5 MWp.

The current volume of contracts for technical maintenance of PV installations with a total capacity of over 650 MWp means that the company is on track to increase its global O&M activity to 1 GWp by the end of 2024, it was emphasized.

“Our dedicated international technical team dealing with Operations & Maintenance in five key markets in Central and Eastern Europe, combined with Photon Energy’s 14 years of experience in the PV industry, gives us a unique market position. Today, we can serve both local players and renowned international investors with photovoltaic assets in many markets. Our cooperation with OX2 is an important step towards achieving the goal of a volume of 1 GWp of capacity of PV installations for which we provide O&M services at the end of 2024. Additionally, in the context of the continuous increase in installed capacity in Poland and the expected acceleration of the industry development in Romania and the Czech Republic, we see significant development potential in the coming years,” commented Photon Energy Group CEO Georg Hotar, quoted in the release.

Photovoltaic power plants are located in the communes of Rutki and Góra in the Opole poviat. The agreement was concluded for an initial period of two years.

“The agreement with OX2 is a major achievement on the competitive Polish PV market and is consistent with the company’s goal of achieving a volume of PV installations for which O&M services are provided at a level of up to 1 GWp by the end of 2024,” we read further in the announcement.

The Photon Energy Operations & Maintenance business line currently has contracted services for over 650 MWp of photovoltaic capacity in key markets of Central and Eastern Europe and Australia, and expects to conclude further contracts under negotiation by the end of the year, it was also reported.

Photon Energy provides solar energy solutions. The company has been listed on the main market of the WSE since 2021; is included in the sWIG80 index.

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