Zeneris Projekty, a company listed on the NewConnect market, generated a net profit of PLN 285,000 ($70,800) in Q2 2024 (vs PLN 98,000 ($24,300) profit in the corresponding period last year), an increase of over 190%. In line with its diversification strategy, the company continues to implement hydro-technical and photovoltaic projects, targeted at beneficiaries of governmental programs: small and medium water retention subsidies, “My Power 6.0.”, “Clean Air” and “My Wind Power”.
“The diversified strategy provides us with stability in the rapidly changing renewable energy market and allows us to flexibly adapt to its needs and fully utilize emerging development opportunities. One of them is the implementation of projects within the framework of the small and medium water retention funding program announced by NFOŚiGW. We are currently increasing the employment of specialists to prepare for the implementation of hydrotechnical projects on an even larger scale. We expect that development in this area will find a positive reflection in the results for the next quarters,” says Mariusz Jan Kostrzewa, President of the Management Board of Zeneris Projekty.
In 2021, Zeneris Projekty also plans to introduce in the offer domestic wind turbines which could be installed within the financing from the government program “My wind power plant”. Currently, the company is conducting windiness tests to determine the optimal parameters of the devices that it will introduce for sale.
In the past half-year, Zeneris Projekty S.A. has expanded its offer with new flood solutions, which it is currently implementing in projects carried out for its clients. In October, the first automatic flood barrier protecting car parks will be launched. It will be the first implementation of passive technology in Poland. The company also introduced innovative elements of energy production and storage systems, recently enriching the offer with additional models of energy stores of domestic and Chinese manufacturers.
“In the coming months, we expect an upward trend in the sales of energy stores. This will be primarily due to the increase in electricity prices, especially for business clients and the introduction of dynamic tariffs, where the use of energy stores will significantly increase the profitability of investing in photovoltaics. An additional factor stimulating demand will be the launch of the 6th edition of the “My Power” program, in which energy stores will become obligatory,” explains Mariusz Kostrzewa.
In the second quarter of 2024, Zeneris Projekty S.A. signed a number of agreements for the implementation of hydro-technical projects. Including two contracts for the preparation of documentation along with technical support in the hydro-technical and land reclamation industry worth over PLN 2.36 million ($590,000). In the first half of the year, the new package of project orders totals PLN 3.855 million ($1 million).
Source: https://managerplus.pl/zeneris-projekty-zwieksza-wynik-netto-o-ponad-190
