Soltec expects to supply more than 1.1GW of single-axis trackers in 2017

Facebook
Twitter
LinkedIn
Reddit
Email
Brazil was a key country with supply contracts totalling 517MW in 2017. Image: Soltec

Single-axis solar tracker firm Soltec, headquartered in Spain said it expects to double its turnover and supply more than 1.1GW of trackers in 2017.

Soltec noted that it expects to achieve over a 200% growth in revenue to around US$215 million in 2017. Brazil was a key country with supply contracts totalling 517MW in 2017.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“Providing high-grade customer experience and results with innovative factory approaches and cost-effective standard product application has proven a success, and has pushed Soltec to the leading position,” said Carlos Mena, Country Manager Brazil.

The company also noted the US with four power plants across the country using Soltec’s tracking equipment, which was said to have totalled 229MW. 

Soltec also highlighted that investments in 2016 to increase manufacturing capacity to 2.5GW per year and to prepare for large-scale project supply challenges contributed to its success in 2017. 

Raúl Morales, CEO of Soltec noted, “Repeating customers rely on us as project partners due to our ability to meet schedule, cost, and quality criteria. Our record-breaking growth is testament to the dedication of Soltec’s global team focused on large-scale supply capacity, cost-effective innovation, and technical leadership.”

21 October 2025
New York, USA
Returning for its 12th edition, Solar and Storage Finance USA Summit remains the annual event where decision-makers at the forefront of solar and storage projects across the United States and capital converge. Featuring the most active solar and storage transactors, join us for a packed two-days of deal-making, learning and networking.
2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
16 June 2026
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 16-17 June 2026, will be our fifth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2027 and beyond.

Read Next

October 8, 2025
The NSW Independent Planning Commission has granted planning approval for Potentia Energy's 500MW Tallawang solar-plus-storage project.
October 8, 2025
US solar module prices jumped in Q3 2025 as developers scrambled to meet the 2 September 2025 safe harbour deadline for Investment Tax Credit (ITC) qualification, according to supply chain platform Anza.
October 8, 2025
Officials from Norway and Egypt have agreed provisional terms for the financing of the Dandara solar park in Egypt, which is being built and operated by Norwegian IPP Scatec.
October 8, 2025
Saatvik Green Energy has secured new solar PV module orders worth more than INR7 billion (US$84 million), to be delivered in this financial year.
October 8, 2025
Frontier Energy plans to expand its Waroona Renewable Energy Project into a renewable energy precinct by 2031, targeting up to 1GW solar.
October 7, 2025
Econergy will acquire 100% stake in the 155MW Ratesti solar project in Romania, further expanding its European renewable energy portfolio.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK