| POLISH FINANCIAL SUPERVISION AUTHORITY | |
| | | UNI - EN REPORT No | 4 | / | 2022 | | |
| Date of issue: | 2022-02-13 | | | | | | | | |
| Short name of the issuer | | | | | | | |
| PHOTON ENERGY N.V. | |
| Subject | | | | | | | | | | |
| Photon Energy considers switching Hungarian PV portfolio to merchant electricity sales | |
| Official market - legal basis | | | | | | |
| art. 17. 1 MAR. | |
| Unofficial market - legal basis | | | | | |
| Contents of the report: | | | | | | | | |
| The Management Board of Photon Energy N.V. informs that it is considering temporarily switching all Hungarian PV power plants in its proprietary portfolio receiving support on the basis of KAT-licenses and METAR-KAT-licenses to selling the produced electricity on the Hungarian day-ahead-market to benefit from the currenlty much higher electricity prices. Government Decree No 787/2021 (XII.27.), published in the Hungarian Official Gazette on 27 December 2021, which came into effect on 1 January 2022, allows PV power plants to temporarily exit the support schemes and to return to the respective support scheme at any time after a 12-month-period. | |
| Annexes | | | | | | | | | | |
| File | Description | |
