soltec

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Project Finance Brief: Soltec Sells 850 MW Solar Portfolio in Denmark

From: Mercom Capital Group Single-axis solar tracker firm Soltec sold a 100% stake in its 850 MW portfolio of solar projects in Denmark to Copenhagen Infrastructure...

January 10, 2024

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Staff

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Finance and M&A

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Solar
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Project Finance Brief: Emeren Sells 3.8 GWh Battery Energy Storage Portfolio

From: Mercom Capital Group Emeren, a solar project developer, owner, and operator, announced the sale of a 410 MW energy storage portfolio comprising five battery energy...

November 15, 2023

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Staff

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Finance and M&A

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Solar
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Daily News Wrap-Up: Maharashtra Invites Bids to Procure 1.92 GW of Solar Power

Maharashtra State Electricity Board (MSEB) Agro Solar Power, a wholly-owned subsidiary of MSEB Holding Company, has floated nine tenders to procure 1.92 GW of solar...

September 29, 2023

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Staff

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Daily Wrap-up
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Soltec Power Holdings Gains Momentum as Q2 Losses Drop by 50%

Solar tracker manufacturer Soltec Power Holdings recorded a net loss of €4.8 million (~$5.05 million) during the second quarter (Q2) 2023, a year-over-year (YoY)...

September 28, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar
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Daily News Wrap-Up: Mercom Announces Solar Market Leaders of 2022

As the Indian solar industry navigates through rapid policy changes to meet the ambitious 30 GW of annual capacity addition target, new companies are emerging to take...

May 16, 2023

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Mercom Staff

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Daily Wrap-up
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Solar Tracker Company Soltec’s Q1 Net Loss Narrows to €9.6 Million

Solar tracker maker Soltec Power Holdings’s net loss narrowed to €9.6 million (~$10.4 million) in the first quarter (Q1) of the financial year 2023 compared to a net...

May 15, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Soltec’s Profit Surges to €13.1 Million in 2022 on Strong Demand for Solar Trackers

Solar tracker maker Soltec Power Holdings recorded a net profit of €13.1 million ($14 million) in financial year (FY) 2022, a year-over-year (YoY) increase of 1191%...

March 3, 2023

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Arjun Joshi

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Other

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Renewable Energy
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Soltec Power Swings to €14.5 Million Profit in Q3 on Better Demand

Solar tracker maker Soltec Power Holdings swung to a net profit of €14.5 million ($15.1 million) in the third quarter (Q3) of FY 2022, against a loss of €0.1 million...

November 17, 2022

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Gautamee Hazarika

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Finance and M&A

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Solar
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Solar Tracker Manufacturer Soltec’s Revenues Up by 354% YoY in Q4 2021

Soltec Power Holdings, in its recently announced financial results, recorded revenues of €159.6 million (~$177.4 million) in Q4 2021, a year-over-year (YoY) increase of...

March 4, 2022

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Arjun Joshi

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Markets & Policy

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Solar
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Soltec Locks €100 Million Credit Facility With 11 Banks

Soltec, a single-axis solar tracker firm, has signed a €100 million (₹8.48 billion) syndicate credit facility with 11 banks. In a media statement issued on its website,...

October 5, 2018

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Garima Prasher

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Finance and M&A

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Solar

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