EQS-News

2G Energy AG boosts order intake by 26% in 1st quarter - Seite 2

At the start of April, 2G won its first order for delivery of a combined system consisting of a 2G CHP and a 2G heat pump. This combination will supply an existing local heating network consisting of around 250 rural consumers including garden centers, agricultural companies, restaurants, industry and private households. The CHP’s electrical output of 1,560 kW significantly exceeds the heat pump’s total electrical power consumption of 312 kW with the result that the operator will be able to meet its heat supply obligations reliably and economically at all times, while at the same time tapping attractive potential for the supply of base and peak loads in high price periods on the electricity exchange.   

Dividend of EUR 0.17 per share proposed

Based on the net profit of EUR 13.6 million generated in the 2023 fiscal year, the Management and Supervisory boards have decided to propose to the AGM on June 4, 2024 a dividend of 17 cents per share for the past financial year, 21% higher than in the previous year.

Annual Report 2023 now available for download

The audited consolidated financial statements, the 2023 annual report and a multi-year overview of key figures are available for download in German and English at https://2-g.com/en/investor-relations/financial-publications.

2G company portrait
The 2G Energy AG Group is an internationally leading manufacturer and system provider of decentralized energy supply systems. The company develops, produces and installs comprehensive solutions in the growing market for highly efficient CHPs and large heat pumps. Digital grid integration and plant control for both types of energy generators, as well as service and maintenance, are further decisive performance criteria.

The product portfolio includes CHP plants in the output range from 20 kW to 4,500 kW for operation with hydrogen, natural gas, biogas and other lean gases, as well as large heat pumps in the range from 100 kW to 2,6000 kW. CHP plants operate with efficiencies of 90 percent and more, while large heat pumps achieve efficiencies of 300 to 500 percent, depending on the general conditions. With its products and services, 2G is at the interface to a decentralized, secure and largely decarbonized energy supply. More than 8,000 2G systems have already been installed worldwide in various applications, supplying electrical and thermal energy to a wide range of customers from the housing industry, agriculture, commercial and industrial companies, energy suppliers, municipal utilities and local government authorities.