TerniEnergia reports slight revenue increase after adding 23 MW in 2013

Italian solar project developer TerniEnergia SpA registered a slight increase in revenue and a stable net result in 2013. Total revenue for the year amounted to €67.0 million ($92.8 million), up from €65.4 million for 2012. The company’s operating result (EBIT) declined from €5.8 million in 2012 to €5.0 million in the past year, but its net result remained flat at approximately €6.9 million.
At the end of December, the TerniEnergia’s cumulative installed PV capacity stood at 275.2 MW. The company installed 23 MW of new PV systems in 2013.
© PHOTON

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