PRESS RELEASE
The European leader in solar tracking continues international expansion to APAC region with a new subsidiary in Sydney
Soltec, a leading manufacturer and supplier of single-axis solar trackers and related services in large-scale projects, is expanding to serve Australia with an office in Sydney. The new office will execute on Soltec’s activities in the southern country, including project equipment supply that leverage Soltec’s 14 years’ history as PV tracking specialist.
Following on our customers’ successes in the Americas and about 2 GW supplied or underway, Soltec is leading in regional markets there. The company continues to execute its plan to invest in growing markets and expand supply capacity globally.
Soltec is a global supplier with regional operations that invest in local people and facilities to benefit both project successes and the local economy. The new subsidiary, registered as Soltec Australia Pty Ltd at the Australian Securities and Investments Commission, rejoins APAC regional activity with the Soltec team in New Delhi, India.
“Australia is a pioneering country in renewable energy, especially in PV, and market economics are now favoring the follow-through to realization,” said CEO of Soltec Raúl Morales. “We are finding excellent response to Soltec’s SF7 tracker product combined with Soltec’s proven partnership reliability to make large-scale projects happen.”
The SF7 tracker is a mature standard product that enables cost-effective installation, operation, and innovation. Soltec is strategically prepared for large-scale project supply challenges with a 2.5 GW annual manufacturing capacity and the Solhub global supply system that assures product quality and project supply timeliness.
