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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 plans IPO

The Spanish solar tracker maker is hoping to debut on the stock markets of Madrid, Barcelona, Bilbao and Valencia this year.

Total announces 2 GW solar project portfolio in Spain

The French oil company will enter the booming Spanish market through subsidiary Total Solar International thanks to agreements with Powertis and Solarbay Renewable Energy to develop 2 GW of generation capacity.

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Stock markets pumped $1.3bn into solar in the last quarter

Fundraising activity for solar leaped in the July-to-September period to provide healthy quarterly and year-so-far comparisons on 2018.

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