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MaxSolar deepens BESS partnership with Greenvolt Power and plans grid-supporting storage in Bavaria
MaxSolar and Greenvolt Power have deepened their strategic collaboration in battery energy storage systems (BESS) and agreed concrete steps for joint projects. The aim is to combine Greenvolt Power’s BESS expertise (4.7 GW pipeline) with MaxSolar’s local development capabilities to optimize costs, accelerate deployment and deliver scalable solutions. The first concrete milestone is a grid-supporting storage project planned in Bavaria in cooperation with Bayernwerk Netze. The partnership is intended to integrate photovoltaics and storage more economically and to support grid stability. » More on finanzen.net
EDP Renovaveis records Q2 growth despite falling selling prices
EDP Renovaveis kept recurring EBITDA in Q2 at €960m and reported adjusted EBITDA growth of 20% excluding asset rotation. Installed capacity rose 18% to nearly 20 GW, and power generation increased 12% to over 21 TWh. The share price rose slightly and the company confirmed 2025 targets: +2 GW capacity, recurring EBITDA of around €1.9bn, expected generation of 41–43 TWh and net debt of about €8bn by year-end. » More on de.investing.com
Financials
| (EUR) | 2023 | YoY |
|---|---|---|
| Revenue | 345.83M | 35.42% |
| Gross profit | 194.33M | 12.71% |
| Net profit | 1.18M | 92.88% |
| EBITDA | 106.69M | 17.33% |
Fundamentals
| Metric | Value |
|---|---|
Market capitalization | €1.34B |
Number of shares | 163.23M |
| Dividends | No |
Beta | 0.52 |
P/E ratio | 967.06 |
PEG ratio | -5.51 |
P/B ratio | 2.48 |
P/S ratio | 3.88 |
Company profile
Greenvolt - Energias Renováveis, S.A. operates in the renewable energy sector in Portugal. The company is involved in operating biomass plants, as well as developing wind and solar photovoltaic plants in the European markets. It operates five biomass power plants in Portugal and one in the United Kingdom. The company was formerly known as Bioelétrica da Foz, S.A. and changed its name to Greenvolt - Energias Renováveis, S.A. Greenvolt - Energias Renováveis, S.A. was incorporated in 2002 and is headquartered in Porto, Portugal.
| Name | Greenvolt Energias Renováveis Acções Nominativas o.N. Aktie |
| CEO | Joao Manuel Manso Neto |
| Headquarters | Porto,
Portugal |
| Website | |
| IPO | 07/15/2021 |
| Employees | 710 |
Ticker symbols
| Exchange | Symbol |
|---|---|
Euronext | GVOLT.LS |
Frankfurt | 000.F |
Düsseldorf | 000.DU |
Lisbon | GVOLT.LS |
München | 000.MU |