Etrion improved loss in Q2 2018
Post date: 08/08/2018 - 18:26
Swiss-Canadian independent power company Etrion Corp. generated revenues of $6.3 million in the second quarter 2018 compared to $7.0 million in Q2 2017. Net loss improved to $0.74 million from net loss of $6.8 million in the second quarter 2017. According to the company, in Japan production and revenues grew by 22 percent and 21 percent, respectively, compared to Q2 2017. In May, the 13.2 MW »Komatsu« solar project in western Japan has been connected to the grid and became fully operational. »Growth opportunities in Japan remain positive with 390 MW of projects in different stages of development, including 105 MW targeting to reach ready to build stage within the next 12 months and additional 285 MW of projects in the pipeline,« says Etrion.