Soltec supplies SFOne trackers to two projects of Canadian Solar and SPIC in Brazil, totaling 738 MW

• The commissioning of those two photo voltaic crops will forestall the discharge of greater than 1.5 million metric tons of CO2 into the environment • Because of this settlement, Soltec has an amassed monitor document of 4.6 GW in Brazil

Madrid, December 21 2022.- Soltec, vertically built-in enterprise specializing in photovoltaic initiatives with photo voltaic trackers, has signed an settlement with Canadian Photo voltaic and SPIC to produce SFOne trackers to 2 Brazilian initiatives with a complete which is 738 MW. Work on these two energy crops, positioned within the states of Piaui and Ceara, will start in mid-2023.

These initiatives might be geared up with Soltec’s SFOne 1-in-portrait photo voltaic tracker, which allows most vitality effectivity and minimizes visible impression due to their low peak in comparison with different tracker configurations, permitting Soltec to observe ecovoltaics -related rules of minimal visible impression. and place of residence.

The provision of those two energy crops permits the corporate to additional strengthen its place within the Brazilian photo voltaic market, the place Soltec’s 4.6-GW monitor document positions this Murcia-based firm as a market chief. By these initiatives, Soltec, which has a manufacturing unit and workplaces within the state of Bahia, additional contributes to the native financial system and purchases close by, in accordance with the corporate’s rules of ecovoltaics.

“Brazil is a market the place now we have acquired nicely since we began operations right here in 2015. After that, we established ourselves as a dependable participant out there due to our collaboration with purchasers comparable to Canadian Photo voltaic and SPIC , the place we’re extra. are completely happy to proceed working collectively. We’re proud to cooperate with top-tier gamers and additional contribute to attaining the purpose of vitality transition by the promotion of photovoltaic photo voltaic vitality”, defined Raúl Morales, CEO of Soltec.

The development of those two initiatives will forestall the discharge of greater than 1.5 million metric tons of CO2 into the environment. As well as, the vitality generated by these two photo voltaic crops might be equal to the electrical energy wanted to produce greater than 900,000 houses.

About Soltec Energy Holdings

Soltec Energy Holdings (ticker: ‘SOL’) is an organization strongly dedicated to innovation and sustainability specializing in vertically built-in options for the photovoltaic photo voltaic vitality trade. This firm, based mostly in Murcia (Spain), was based in 2004 and at the moment operates in 16 international locations, with a robust presence in Spain, North America and Latin America. The corporate has been listed on the Inventory Alternate of Spain since 2020.

Soltec’s exercise is organized round three foremost enterprise areas: i) Soltec industrial division and third producer of photo voltaic trackers worldwide, offering purchasers with further building companies to make sure a complete and built-in worth proposition; ii) Photovoltaic mission improvement division, recognized for its sturdy environmental, social and good governance dedication; iii) Soltec Asset Administration, a 3rd enterprise division the place Soltec manages the property held by the corporate in its portfolio, with the intention of maximizing its revenue within the medium and long run.