Soltec lands bifacial tracker manage Statkraft for 234MW of solar projects in Spain

Jun 30, 2021 07:47 PM ET
  • Soltec has signed a contract to provide its SF7 bifacial solar trackers to Norwegian state-owned utility Statkraft for use in 4 PV projects being created in the southern Spanish area of Andalucía.
Soltec lands bifacial tracker manage Statkraft for 234MW of solar projects in Spain
Image: Soltec

The plants are being constructed this year and also will have an integrated capability of 234MW as well as produce 500GWh of clean power per annum when total.

According to Soltec, its SF7 bifacial trackers require 7 sustaining poles per 90 modules and also can enhance energy generation thanks to the firm's TeamTrack modern technology that is confirmed by TÜV Rheinland.

The Statkraft offer comes a month after Soltec signed an additional contract to provide trackers as well as building and construction services for utility Endesa for the growth of 3 PV projects in Spain with an overall capability of 142MW.

While Spain-headquartered Soltec's tracker system shut 2020 with document operating indications, a backlog of 1,891 MW and also a pipeline of 24,340 MW, the company published a loss for the year, partly due to project delays as a result of the coronavirus pandemic as well as increases in solar module prices. The firm, which has actually been detailed on the Spanish Stock Exchange considering that last October, then saw its profits as well as earnings nosedive in Q1 of 2021.

With Statkraft targeting the advancement of 8GW of solar as well as wind by 2025, the firm in 2014 revealed its purchase of UK-headquartered PV project programmer Solarcentury, offering it access to a 6GW solar pipeline throughout Europe and South America.

When that offer was introduced, Statkraft Chief Executive Officer Christian Rynning-Tønnesen informed PV Tech that there is an "noticeable solid combination" where the business can take advantage of flexible manufacturing by signing up with hydropower with the intermittency of solar and wind.


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