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Search results for “Soltec”

Soltec introduces hail defense algorithm for solar trackers

Hail losses in the United States exceeded $1 billion in 2021.

Soltec’s new bifacial tracking algorithm

Soltec says its new algorithm optimizes tracker positioning by considering both frontal and rear radiation, resulting in a production increase of up to 0.30%.

Soltec signs a €100 million financing agreement with Incus Capital to strengthen the asset management and exploitation business

Soltec signs a €100 million financing agreement with Incus Capital to strengthen the asset management and exploitation business

Tongwei and Polish solution provider SOLTEC sign cooperation agreement for supply of high-efficiency modules

Tongwei has announced the signing of a cooperation agreement with SOLTEC, one of Poland’s leading providers of household photovoltaic solutions, for the supply of 150MW of large size high-efficiency modules, with the two parties planning future collaboration on the development of the Polish and Eastern European markets.

Soltec, Enel to build new solar tracker factory in Spain

Enel and Soltec have revealed plans to open a new factory on the grounds of a former thermal power plant owned by Enel’s Endesa unit in Teruel, Spain.


Soltec Power Holdings, through its project development division Powertis, and ACEA sign a cooperation agreement for the joint development of 340 MW of solar PV projects in Italy

Soltec Power Holdings, through its division Powertis, has reached a portfolio of more than 3.1 GW in different stages of development in Italy, at the end of the first semester of 2022

Leap in third-quarter revenue reduces losses in a tough year for tracker maker Soltec

The Spanish company recorded more than half of its year-to-date revenue in the last quarter alone – and secured a 700 MW solar project capacity order in the U.S. in September – but still shed €100,000 in the last three-month window as its nine-month net losses hit €20 million.

Soltec Power Holdings signs a framework agreement with Acciona Energía

Soltec Power Holdings announced today the signing of a framework agreement with Acciona Energía under which the firm will supply solar trackers for different projects Acciona. The agreement, with a length of three years, will contribute to strengthen the strategic relationship between Soltec and Acciona Energía.

TÜV Rheinland confirms that Soltec’s algorithm increases PV plant yields by 5.3% on cloudy days

TÜV Rheinland has verified the performance of the Soltec Diffuse Booster algorithm, which uses both sensors and weather forecasts to drive its solar trackers. According to the manufacturer, it can increase the annual revenue of a 100 MW PV plant in Spain by €1.8 million.

Soltec launches tracker for high-power modules

The SFOne tracker is designed for modules with 72 and 78-cell designs. According to Soltec, it reduces the time spent in its installation by 75% and will be available in all markets where the company operates.


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