Solaria announced a revenue increase by 65 percent in 9M 2021

Solaria PV plant in Spain

Spanish project developer and PV power producer Solaria Energía y Medio Ambiente SA reported total revenue of €80.2 million ($91.6 million) in the first nine month of the year, an increase by 65 percent compared to €48.5 million in 9M 2020. EBITDA rose by 86 percent to €70 million ($80 million). Net profit was €37.5 million ($42,8 million), up by 50 percent compared to the same period in the previous year.
Energy production increased from 412 GWh in the first nine month 2020 to 715 GWh in the reporting period. Total capacity reached 5,179 MW installed, under construction or in public information, which is equivalent to its target of the end of 2024 and 30 percent of its target of 18 GW in 2030.
© PHOTON

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