博雅斗地主

Our Response to COVID-19

As the situation regarding COVID-19 continues to evolve around the world, we would like to share with you here the steps we are taking to keep our people and customers safe, while at the same time making sure we provide our services without any major disruptions. 

 

25 March – A message from our CEO to stakeholders

博雅斗地主In his open letter, our CEO, Georg Hotar, informed Photon Energy stakeholders that the Company had undertaken all necessary measures to ensure a disruption-free continuation of our business during these challenging times. As a direct result of our Business Contingency measures, all our major service activities are running smoothly, and we expect to be able to continue providing them without any major issues in the foreseeable future. In addition to this, we believe that our strong core of diversified and recurring revenues represents a solid foundation to weather the difficult times ahead.

博雅斗地主In particular, our electricity generation segment of 69 photovoltaic power plants with a total installed capacity of 57.1 MWp is producing electricity as usual, and is not impacted by current external circumstances. For all five PV power plants with a total installed capacity of 3.5 MWp under construction in our Hungarian market and to be completed before the end of Q2 2020, all components, including photovoltaic modules, have been secured and we expect these projects to be grid-connected without significant delays.

Our Operations & Maintenance business, including power plant monitoring, is capable of providing its services remotely. The on-site provision of repair work is ongoing as PV power plants are considered a vital energy infrastructure, while preventive maintenance is being undertaken to the extent possible under current travel restrictions.

博雅斗地主Our other business lines such as EPC services, PV component trading and project development are more vulnerable to the impact of measures related to the coronavirus pandemic. The extent of the negative impact will depend on the measures taken by the respective governments in the countries where we are active. In all our main markets we have highly skilled teams on the ground and the entire team remains focused on minimizing the impact on our ongoing business as well as our various growth initiatives.

 

15 March – A message from our CEO to employees

Our CEO Georg Hotar sent a message to Photon Energy employees encouraging a home office policy in all our countries of operation and prohibited all non-urgent travel until further notice.

The Management Board fine-tuned and put in place our Business Contingency measures to ensure the uninterrupted provision of essential services to our clients.

While our work on construction sites has been suspended, we continue providing plant monitoring services fully and urgent repair services to power plants. Our proprietary power plants continue operating and generating revenues.

 

13 March – Information for employees 3

  • Travel 
    We prohibited new foreign business trips to at-risk areas, as well as foreign visits to our offices, replacing them with a non-contact form of communication. This measure did not have a direct impact on the performance of our work and the provision of services to our clients.
  • Offices
    We initiated the possibility of using home office until further notice, so as to restrict travel by public transport and contact with the surrounding area.
  • Health
    We advised those employees who had just returned or would be returning from abroad (business or leisure), to work from home for two weeks to exclude any risk of spreading the coronavirus.

 

10 March – Information for employees 2

  • Travel
    We recommended that employees cancel and, as the situation evolved, reschedule their next business trip to risky countries. We also recommended avoiding face-to-face meetings with people from at-risk countries, especially after 17 February 2020, and restricting their stay in places with a high concentration of people (airports, train stations, etc.) when traveling on business.
  • Offices
    We advised employees to consider working from home with immediate effect and in agreement with their supervisor.
  • Health
    Following the advice from the national health system authorities, we reminded everyone to continue practicing high standards of personal hygiene including washing their hands thoroughly and avoiding those who are obviously ill. 

 

5 March – Information for employees 1

  • Travel
    We recommended that employees cancel and, as the situation evolved, reschedule their next business trip to at-risk areas. We also recommended avoiding face-to-face meetings with people from such countries, especially after 17 February 2020, and restricting their stay in places with a high concentration of people (airports, train stations, etc.) when traveling on business.
  • Offices
    As the situation was under control, we continued the usual way of working, i.e. from our offices.
  • Health
    We recommended avoiding those who are obviously ill and washing hands thoroughly with soap and water or using antibacterial gel.

 

In case you have any further questions or remarks, please contact our Public Relations and Communications Manager Martin Kysly at .

 

 

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