Soltec Trackers
Soltec Trackers is a Spanish specialist manufacturer of single-axis solar tracking systems for utility-scale photovoltaic projects, selling trackers, O&M, and monitoring services to project developers, EPC contractors, and utilities across 17+ countries, with 22+ GW supplied globally.
- Company typePrivate
- Founded2004
- HeadquartersLivermore, United States
- Headcount501–1,000
- GTM typeB2B
- OfferingHardware or Manufacturing
What Soltec Trackers does
Soltec Power Holdings S.A., operating as Soltec Trackers, is a Spanish-headquartered (Molina de Segura, Murcia) specialist manufacturer of single-axis solar trackers for utility-scale photovoltaic projects. Founded in 2004, the company designs, manufactures, and supplies a portfolio of trackers including the SFOneX, SFOne, SF7 (plus U.S.-market SFOne US and SF7 US variants), 4x4, and Agrovoltaic dual-use systems. Its core technology centers on self-powered and bifacial-compatible trackers with wireless communications, smart tracking algorithms that include hail-protection positioning, and the proprietary Dy-WIND dynamic-wind structural analysis system certified by RWDI. Soltec holds 50+ active patents and has supplied 22+ GW across 17 countries.
The company monetizes primarily through B2B hardware sales of solar trackers to large-scale project developers, EPC contractors, and utilities, supplemented by recurring-revenue services: Operations & Maintenance (O&M), the Solmate digital monitoring subscription, and end-to-end photovoltaic project development including financing structuring and engineering services. The go-to-market is sales-led, executed via direct enterprise sales with local teams and contractor networks across LATAM, Europe, MENA, Africa, North America, and APAC. The Ecovoltaics sustainability framework, multiple ISO certifications (9001/14001/27001/45001/50001/20400), and country-specific approvals (UL 3703, IEC 62817, FCC, ANATEL, FINAME, INTI) support premium positioning and tender eligibility. Black & Veatch independently validates Soltec's technical performance data.
Following a 2025 restructuring in which private equity firm DVC Partners acquired 80% via a €30M convertible loan plus €15M liquidity, reducing debt from approximately €385M to €255M and delisting the company, Soltec divested non-strategic EPC and asset management businesses and refocused on the core tracker franchise. The company generated ~€300M in tracker-segment revenue delivering 3.7 GW in 2024, returned to profitability with €12M net income in 2025, launched three new products targeting the U.S. market, and appointed a dedicated President of North America in April 2026.
Soltec Trackers firmographics
Firmographics- Name
- Soltec Trackers
- Legal name
- SOLTEC POWER HOLDINGS S.A.
- Website
- https://soltec.com
- Company type
- Private
- Founded year
- 2004
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- Soltec Trackers is a Spanish specialist manufacturer of single-axis solar tracking systems for utility-scale photovoltaic projects, selling trackers, O&M, and monitoring services to project developers, EPC contractors, and utilities across 17+ countries, with 22+ GW supplied globally.
- Ownership category
- akta.pro rank
Soltec Trackers industry classification
Industry- Product category
- Solar Trackers
- SIC
- Electric Lighting & Wiring Equipment (3640)
- akta.pro primary industry
- Solar Mounting, Racking, Trackers & Structural BOS Manufacturing (EUAMAHAC)
- akta.pro secondary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
Keywords
Where Soltec Trackers is headquartered
LocationHeadquarters
- HQ city
- Livermore
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Soltec Trackers business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Solar Tracker Manufacturing and Supply: Design, manufacture and supply of solar trackers (SFOneX, SFOne, SF7, SFOne US, SF7 US, 4x4) for large-scale photovoltaic projects. The core business segment that generated approximately 300 million euros in revenue in 2024 with 3.7 GW delivered.
- Operations & Maintenance (O&M): Comprehensive O&M services for photovoltaic plants, providing ongoing maintenance and support to ensure optimal performance of solar installations throughout their operational life.
- Solmate Monitoring Service: Digital monitoring service for solar plants, providing real-time performance data and analytics to optimize energy production and plant management.
- Photovoltaic Project Development: Sustainable development of photovoltaic projects integrated with the environment, including project financing, investment structuring, and engineering services for large-scale solar installations.
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Soltec Trackers product offering
Product offeringCore offering
Soltec designs, manufactures, and supplies single-axis solar tracker equipment (SFOneX, SFOne, SF7, SFOne US, SF7 US, 4x4, Agrovoltaic) for large-scale photovoltaic plants worldwide. Beyond hardware, the company provides Operations & Maintenance services, the Solmate digital monitoring platform, and end-to-end photovoltaic project development including project financing, engineering, and construction supervision for utility-scale solar installations.
Product overview
Soltec is a specialist in solar trackers and photovoltaic solutions with a broad range of products including SFOneX, SFOne, SF7, SF7 US, SFOne US, 4x4, and Agrovoltaic systems. The company's core offerings are single-axis solar trackers designed for various markets and applications. Soltec provides a comprehensive portfolio combining hardware products (trackers) with services including O&M (operations and maintenance), Solmate monitoring, and full photovoltaic project development. The product lineup ranges from standard trackers (SFOne, SF7) to market-specific variants (US versions) and specialty products like agrovoltaic systems for dual-use land applications.
Differentiator
Problem solved
Functional benefit
Brands
- SFOneX: Solar tracker with the longest length tailored for large-scale solar projects
- SFOne
- SF7
- SFOne US
- SF7 US
- 4×4
- Agrovoltaic
- Ecovoltaics
- Solmate
- Soltec Innovations
- Aurora
- Soltec Lab
- Solteach Pro
Products and services
- SFOneX Single-axis solar tracker with the longest length in Soltec's portfolio, tailored for large-scale utility photovoltaic projects, designed for maximum energy performance and structural durability.
- SFOne Single-axis solar tracker designed for photovoltaic installations, offering high energy performance and easy installation. Independently validated to reduce earthwork costs by 12-14%.
- SF7 Solar tracker designed for optimal performance in various climatic conditions, with advanced tracking algorithms and IEC 62817 certification.
- SFOne US SFOne variant specifically designed for the U.S. market, meeting local regulatory and performance requirements including FCC and UL 3703 certifications.
- SF7 US SF7 solar tracker designed specifically for the American market with adaptations for local conditions, including FCC and UL 3703 compliance.
- 4x4 Solar tracking solution designed for specific terrain or project requirements.
- Agrovoltaic Agrophotovoltaic solution that combines solar energy generation with agricultural activities on the same land.
- O&M Services Operations and maintenance services for photovoltaic plants to ensure optimal performance throughout the project lifecycle.
- Solmate Monitoring Service Digital monitoring and management service for solar trackers that provides real-time performance data and analytics to optimize energy production and plant management.
- Photovoltaic Project Development End-to-end development services for sustainable photovoltaic projects integrated with the environment, including project financing, investment structuring, engineering, and construction supervision.
Quantifiable outcome
- SFOne reduces earthwork costs by 12-14%
- +2 more outcomes
Companies that use Soltec Trackers
Customer profileNamed customers2 records
Segments1 record
Ideal customer profiles2 records
Soltec Trackers technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability1 record
Feature6 records
Soltec Trackers partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core and minor.
- United Nations Global CompactcoreSoltec's procurement policies are based on the United Nations Global Compact principles, committing to sustainability criteria and responsible business practices across the supply chain.
- Aurora StartupsminorAurora is Soltec's innovation program supporting startups with technological solutions that help promote renewable energy, particularly solar. The program provides support and collaboration opportunities for emerging companies developing renewable energy technologies.
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
Soltec Trackers competitors and assessment
Company assessmentDirect peers
- Convert (Convert IT): Italian-headquartered solar tracker manufacturer serving European and emerging market utility-scale projects. Comparable in scale, product range, and international go-to-market focus.
- GameChange Solar: U.S.-based supplier of fixed-tilt and tracker mounting systems for utility-scale solar. A growing competitor to Soltec, particularly in the North American market Soltec is now targeting.
- Array Technologies: U.S.-listed manufacturer of single-axis solar trackers with a global footprint. Competes head-to-head with Soltec in North American utility-scale solar projects and increasingly in international markets.
- PV Hardware (PVH): Spanish-headquartered solar tracker manufacturer with a similar product portfolio and project development history. Closest geographic and product competitor to Soltec.
- Schletter Group: German manufacturer of solar mounting and tracker systems for ground-mount and rooftop projects. Overlaps with Soltec's fixed-tilt and tracker offerings in European markets.
- STi Norland: Spanish solar tracker manufacturer specializing in single-axis trackers for utility-scale projects. Directly competes with Soltec across LATAM, MENA, and European markets.
- FTC Solar: U.S.-listed provider of solar tracker systems with a focus on large-format module compatibility. Competes with Soltec in U.S. utility-scale solar bids and offers comparable single-axis products.
- Nextracker: Largest global manufacturer of solar trackers, spun out from Flex and now publicly listed. Directly competes with Soltec in utility-scale single-axis tracker bids across the U.S., LATAM, and EMEA.
Others
- First Solar: U.S.-based thin-film solar module manufacturer and project developer. Adjacent rather than directly competing, but a key customer-side counterparty for tracker suppliers in utility-scale solar development.
Broad incumbents
- Trina Solar: Vertically integrated solar module manufacturer that also offers tracker solutions. Competes with Soltec indirectly through bundled module-plus-tracker offerings to large developers.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Soltec Trackers social profiles
Digital presenceSoltec Trackers compliance and trust
Trust signalCompliance23 records
Soltec Trackers financial estimates
Financial estimateRevenue estimate
Valuation estimate
Soltec Trackers leadership team
Management profileNumber of profiles
Profiles3 records
Soltec Trackers subsidiaries and ownership
Company hierarchySubsidiaries3 records
Soltec Trackers funding detail
Funding detailFunding overview
Funding rounds1 record
Investors9 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Soltec Trackers M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Soltec Trackers
What does Soltec Trackers do?
Soltec designs, manufactures, and supplies single-axis solar tracker equipment (SFOneX, SFOne, SF7, SFOne US, SF7 US, 4x4, Agrovoltaic) for large-scale photovoltaic plants worldwide. Beyond hardware, the company provides Operations & Maintenance services, the Solmate digital monitoring platform, and end-to-end photovoltaic project development including project financing, engineering, and construction supervision for utility-scale solar installations.
Is Soltec Trackers a public or private company?
Soltec Trackers is a private company. It is classified as private equity controlled and is currently operating.
When was Soltec Trackers founded?
Soltec Trackers was founded in 2004. It employs 501 to 1,000 people.
Where is Soltec Trackers based?
Soltec Trackers is headquartered in Livermore, United States, in the North America region.
How does Soltec Trackers make money?
Four revenue lines are on record. Solar Tracker Manufacturing and Supply is the primary driver. The others are operations & Maintenance (O&M), solmate Monitoring Service and photovoltaic Project Development.
Who are Soltec Trackers's main competitors?
Direct peers on record are Convert (Convert IT), GameChange Solar, Array Technologies, PV Hardware (PVH), Schletter Group, STi Norland, FTC Solar and Nextracker. First Solar is listed as an others. Trina Solar is listed as a broad incumbent.
Does Soltec Trackers have an API?
No public API is recorded for Soltec Trackers.
What industry is Soltec Trackers in?
Soltec Trackers's product category is Solar Trackers. Its primary akta.pro industry code is EUAMAHAC, Solar Mounting, Racking, Trackers & Structural BOS Manufacturing, with a secondary code of EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System). Its SIC code is 3640.