Solar tracker manufacturer Soltec posted net profits of €13.1 million (US$13.9 million) for the year 2022, a €14 million increase on 2021 which saw a €1.2 million loss for the company.
Solar tracker manufacturer Soltec has signed an agreement with Canadian Solar and SPIC to supply 738MW of its trackers to two Brazilian solar projects.
Solar tracker manufacturer Soltec has signed contracts to supply 610MW of its SF7 bifacial trackers to Enel Green Power for use in two PV plants in Peru and Colombia.
Spanish solar tracker manufacturer Soltec reported a net loss of €100,000 (US$120,000) in Q3 and a €20 million (US$23 million) loss in the first nine months of the year due to “significant international disruptions”, according to its Q3 financial results released today
Spanish tracker manufacturer Soltec posted a sharp increase in its order backlog in the first half of the year but said logistics disruptions will impact its margins in H2.
Soltec has signed an agreement to supply its SF7 bifacial solar trackers to Norwegian state-owned utility Statkraft for use in four PV projects being developed in the southern Spanish region of Andalucía.
Spanish solar tracker manufacturer Soltec has unveiled plans to raise up to €150 million through an initial public offering to take aim at solar’s continued growth trajectory worldwide.
France-based renewable energy firm Neoen has secured US$280 million in debt financing from Bancomext, Natixis and Société Générale for its 375MW El Llano solar project in the state of Aguascalientes in Mexico, the company's largest such project to date.
Spain-based firm Soltec Energías Renovables has begun manufacturing its SF utility tracker controllers in its plant located in Bahia, Brazil, and the firm has made some design changes for the Brazilian version of the controllers.