SF Utility Single-Axis Solar Tracker by Soltec Obtains FINAME Accreditation

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Soltec has obtained the FINAME certification for its SF Utility Single-Axis Tracker from the National Bank of Economic and Social Development (BNDES). Thus, Soltec becomes one of the first manufacturers of solar trackers to achieve the FINAME certification.

"Since Soltec opened its Brazil factory in September 2015, obtaining FINAME accreditation has been one of our top priorities. The FINAME seal allows our customers to get access to financing sources under special terms and conditions,” asserted Soltec Brazil´s Country Director Carlos Mena.

The FINAME program from BNDES provides special financing conditions to companies acquiring equipment manufactured in Brazil.

Soltec offers a complete tracking solution for solar plants in Brazil. Local manufacturing also means that Soltec is now able to offer shorter lead times to customers and much better customer service support. "Brazil is a key market for solar and we are planning around 700MW of solar tracking installations in the next 12 months. The FINAME certification will help us meet this objective,” said Soltec CEO Raul Morales.