Soltec Power Holdings is making headway in the U.S. tracker market. In December 2020, Soltec announced an agreement with AES to supply trackers for four solar projects in the United States with a total capacity of 342 MW. This week it signed a new 700 MW solar tracker supply contract with Moss & Associates, for two PV plants in Colorado. Soltec will supply Moss & Associates with SF7 bifacial trackers in a 2-in-portrait configuration with delivery beginning in 2021.
“With this agreement we are strengthening our positioning in the US market, one of our targets,” says Raúl Morales, CEO of Soltec Power Holdings. “The United States is a strategic market as it is the world’s leading market for solar trackers, and it is expected to continue to grow in the coming years. The confidence in Soltec for projects of this size demonstrates the quality of the firm’s work and its technology, always with an eye on customers, and innovation, to achieve the perfect symbiosis between sustainability and energy efficiency”.
Soltec’s operating backlog closed 2020 at record levels and has continued to grow during the first half of this 2021. Data from the second quarter of 2021 shows that Soltec Industrial had a backlog of 363 million Euros and a pipeline valued at 2,906 million Euros.
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