Neoen reports solid Q1
- Admin
- May 2, 2024
- 1 min read
Neoen, a leading renewable energy company, reported an 11% increase in electricity generation in Q1 2024 to over 2 terawatt hours, despite a slight revenue decrease to €141.4m, down 8%. The company continues to expand, with 8GW in operation or under construction and a target to reach 10GW by 2025. Key developments include a new 300 MW/4-hour storage capacity contract in Western Australia, bolstering its global leadership in energy storage solutions.
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