2G Energy continues to diversify its activities by expanding export markets and developing service revenues. This strategy delivered a 14% increase in sales and almost a trebling in EBIT during H119. Importantly, its portfolio of CHP systems fuelled by biogas, natural gas or hydrogen provide mechanisms for providing supplementary power on an intermittent basis or storing surplus energy, thus permitting greater adoption of wind and solar power generation.
04 Oct 2019
2G Energy - Backbone of the energy revolution
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2G Energy - Backbone of the energy revolution
2G Energy AG (2GB:ETR) | 0 0 (-0.3%) | Mkt Cap: 81.7m
- Published:
04 Oct 2019 -
Author:
Anne Margaret Crow -
Pages:
5
2G Energy continues to diversify its activities by expanding export markets and developing service revenues. This strategy delivered a 14% increase in sales and almost a trebling in EBIT during H119. Importantly, its portfolio of CHP systems fuelled by biogas, natural gas or hydrogen provide mechanisms for providing supplementary power on an intermittent basis or storing surplus energy, thus permitting greater adoption of wind and solar power generation.