Spanish solar company establishes new HQ in Australia
22 Jan 2018
Spanish solar photovoltaic (PV) company Soltec Energías Renovables has opened a new office in Australia as part of its Asia-Pacific regional expansion strategy.
The subsidiary, Soltec Australia, is based in Sydney and will work closely with Soltec’s existing office in India to service markets in the Asia-Pacific region.
‘Australia is a pioneering country in renewable energy, especially in PV, and market economics are now favouring the follow-through to realisation,’ says Javier Vidal, Soltec’s APAC Business Development Manager.
Founded in Spain in 2004, Soltec Energías Renovables is a global manufacturer and supplier or horizontal single-axis solar trackers, and related products and services.
The company has manufacturing facilities in Brazil, China, and Spain, as well as offices in Chile, Denmark, India, Israel, Italy, Mexico, Peru and the US.
Raúl Morales, CEO of Soltec Energías Renovables, says the company’s global supply chain has an annual manufacturing capacity of 2.5GW.
‘Soltec is strategically prepared for large-scale project supply challenges,’ says Morales. ‘The Solhub global supply system assures product quality and project supply timeliness.’
The advent of technology such as Soltec’s single-axis solar trackers helps boost the productivity and efficiency of Australia’s solar industry. Solar trackers enable greater exposure to solar rays, enabling solar panels to generate more more electricity than their stationary counterparts, as David Grabau, Senior Investment Specialist, Resources and Energy at Austrade explains.
‘This increase ranges between 10 and 25 per cent, depending on geographic location,’ he says. ‘The systems generate more electricity in roughly the same amount of space needed for fixed-tilt models, making them ideal for optimising land use.’