Q1 2018 results: Double Revenues and installations in three continents

• Revenues up 134% like-for-like , Project Backlog at €21.6 million and €150 million of Pipeline • Completed production and testing for the 20MW system in Spain, construction site started • Under development microgrids and smart islands projects (Italy and the Comoros), storage systems (Italy and Belgium) and hydrogen systems (Singapore) • Liquidity at €… Continua a leggere Q1 2018 results: Double Revenues and installations in three continents

2017 ANNUAL RESULTS: CONTINUED GROWTH MOMENTUM, ON TRACK TOWARDS 2020 TARGETS

• Revenues up 40% to €9.9mln and 40.5MW Order Intake in 2017, for €16.6mln • Gross Margin at 40% brings EBITDA close to breakeven at €-1.7mln, even with R&D at 27% of revenues • 2020 Strategic Plan on track: €25.1mln Project Backlog and €150mln Pipeline thanks to the ENGIE industrial partnership • Successful deployments in… Continua a leggere 2017 ANNUAL RESULTS: CONTINUED GROWTH MOMENTUM, ON TRACK TOWARDS 2020 TARGETS