RE:RE:The Future of UGELike everyone else, I can only go off what the company reports as a guideline. Which means I'm lumping together the 60.6 GW of projects. Once they are operational, UGE anticipates ~$9.4 million of annual revenue every year for the next 25 years (and probably beyond that, as the lifespan of solar projects is more like 40 years I believe).
So they're targeting ~$18.6 million CDN in annual revenue by end of 2024 (based on 100 GW).
Extrapolating further, if they're able to reach a point where they're adding 100 GW annually to the backlog (and bringing it online), this suggests somewhere between $90 million and $130 million CDN of annual recurring revenue by 2031, depending on how conservative you want to be.
These are very back-of-the-envelope figures, of course, and plenty can happen over the next decade to move those figures up or down -- and much will have to do with investor sentiment toward UGE, as well as general market sentiment. The more confident their investors are the higher the share price will go, which will impact how cheap and efficient their growth will be.
Like everyone, I'm here for the long term recurring revenue and could care less about short term market fluctuations.
Possibleidiot01 wrote: When you get further into the details -could you possibly address how long these facilities were open in the year?
As in how much revenue if operational for the year.
Thanks.
"Reached commercial operation for four UGE-owned solar facilities with 802kW of capacity; the solar facilities produced $32,243 in revenue in the limited time they were operational in 2020......"