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

The company delivered a record 3.8 GW of trackers in 2022

March 3, 2023

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights

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% compared to the net loss of €1.2 million (~$1.3 million) in FY21.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Arjun Joshi

Get the most relevant India solar and clean energy news.

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

MERCOM Insider

Get the most relevant India solar and clean energy news.

RECENT POSTS