BSQ Solar

Name

BSQ Solar

Legal name

Compañía Española de Alta Eficiencia Fotovoltaica BSQSOLAR SL

Website

https://bsqsolar.com

Company type

Private

Founded year

2005

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Concentrator Photovoltaic (CPV) Solar Systems

NAICS

Solar Electric Power Generation (221114)

akta.pro primary industry

Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD)

akta.pro secondary industry

Solar Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts) (EUAMABAF)

Keywords

• Concentrator photovoltaic systems
• CPV solar modules
• Solar tracker systems
• Photovoltaic system manufacturing
• High concentration photovoltaics

Headquarters

HQ city

Madrid

HQ country

Spain

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. HCPV Hardware Sales: Sale of HCPV modules (BSQ-D280 280W), sun tracking systems, and control units to utilities, project developers, and research institutions
2. Complete CPV Systems: Sale of complete turnkey CPV systems including tracker, modules and control unit for power plant projects
3. Research & Development Services: R&D project participation and consultancy services through collaborations with universities and research institutions

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

BSQ Solar develops, manufactures, and sells High Concentration Photovoltaic (HCPV) systems including the 820X CPV Module BSQ-D280 (280W STC peak power), standardized complete CPV systems (BSQ-D280/53, 13.44kW peak), sun tracking control units (STCU), high-accuracy laboratory trackers (HASTLA), and the PowerTree® urban energy platform combining HCPV with electricity storage and EV charging. The company produces pre-assembled systems from its factory in Yeles, Spain, and sells them globally to utility-scale solar developers, research institutions, and urban integration project developers in high Direct Normal Irradiance (DNI) regions.

Product overview

BSQ Solar (Compañía Española de Alta Eficiencia Fotovoltaica BSQ Solar, SL) is a manufacturer of High Concentration Photovoltaic (HCPV) solar electric systems based in Madrid, Spain. The product portfolio centers on CPV technology featuring the 820X CPV Module BSQ-D280 as the core component, which combines high efficiency with high concentration non-imaging optics in a simple and rugged design. The modular product line includes the Standard CPV System BSQ-D280/53 for utility-scale electricity generation, Low Profile CPV System Designs for environmentally sensitive installations, and CPV Urban Integration Systems designed for parking areas and domestic applications with extended-height poles. Supporting infrastructure products include the BSQ CPV Sun Tracking Control Unit (STCU) offering 0.1 degree pointing accuracy via ephemeris-based open loop tracking, and the Laboratory Sun Tracker HASTLA for research applications. The systems are designed for rapid field installation with factory preassembly, targeting solar-rich regions worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• PowerTree®: HCPV-based urban energy system for distributed markets combining solar power, electricity storage, and EV charging capabilities.
• HASTLA

Products and services

• 820X CPV Module BSQ-D280 High Concentration Photovoltaic (HCPV) module with 280W STC peak power output and 820X concentration factor, using a dome-shaped Fresnel lens that maximizes pointing tolerance up to 1 degree. Designed for utility-scale solar developers and tracker manufacturers seeking the highest PV conversion efficiency.
• Standard CPV System BSQ-D280/53 Complete standardized HCPV system optimized for utility-scale electricity generation plants, delivering 13.44kW peak power with a 53.5 m² collecting surface. Features an azimuth-elevation pedestal tracker enabled for tropical areas and is pre-assembled at BSQ Solar's factory in Yeles, Spain for fast field installation.
• Low Profile CPV System Designs Customized HCPV systems with reduced height and enhanced landscape aspect ratios, optimal for installations where visual impact must be minimized. Typical peak power output is 5–7 kW with maximum height under 5m, intended for environmentally and visually sensitive sites.
• CPV Urban Integration Systems Custom-made HCPV system designs for urban areas, featuring extended-height poles that allow transit of people and vehicles underneath the array. Ideal for parking areas and domestic gardens, leveraging HCPV's surface energy density up to three times that of conventional photovoltaics.
• HASTLA Laboratory Sun Tracker High-accuracy laboratory tracker combining sub-degree sun tracking accuracies with a sturdy tracking structure and aperture surfaces up to 10m². Custom designs are available for research groups, integrating BSQ's high tracking accuracy technology with a non-invasive foundation kit. Targeted at solar energy research institutions and university groups.
• BSQ CPV Sun Tracking Control Unit (STCU) Versatile and reliable control unit using ephemeris-based open loop tracking with a proprietary autocalibration model, achieving 0.1° pointing accuracy (2σ percentile 97). Functions as a universal controller for one or two axis trackers with any tracking axes architecture and has been proven reliable under harsh weather conditions.
• PowerTree® Urban HCPV Energy System Registered-trademark ground-based HCPV generator for distributed urban markets combining HCPV power source, electricity storage, EV charging, and an Electronic Management Unit. Claims up to 70% more energy production (kWh/kWp) in highly irradiated locations and up to 4X more energy per unit of sun collecting surface (kWh/m²) versus rooftop PV.

Quantifiable outcome

• Up to 70% more energy production (kWh/kWp) in highly irradiated locations
• +3 more outcomes

Named customers5 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• Al Akhawayn UniversityminorGTM or Marketing Partner · 30 April 2019Sponsor of DarnaSol team for Solar Decathlon Africa, donating 2.5kW PowerTree HCPV system for competition installation
• H2B2coreStrategic or Co-development Partner · 15 November 2018CPV4H2 project partner, manufacturer of electrolyzer systems for combined HCPV-electrolyzer system development targeting solar hydrogen production
• LRSE-EPFLcoreStrategic or Co-development Partner · 15 November 2018Swiss research partner in CPV4H2 project, Laboratory of Renewable Energy Science and Engineering at École Polytechnique Fédérale de Lausanne
• CNH2 (National Center for Hydrogen)coreStrategic or Co-development Partner · 15 November 2018Spanish research center participating in CPV4H2 project for solar hydrogen production development
• ETSAM-UPM (School of Architecture of Polytechnic University of Madrid)coreStrategic or Co-development Partner · 9 October 2018PowerTree consortium partner responsible for architectural design aspects of urban HCPV system development, seeking urban-friendly design both aesthetically and functionally
• ISFOC (Institute for CPV Systems)coreStrategic or Co-development Partner · 9 October 2018Long-standing collaboration since ISFOC's foundation in 2008. ISFOC hosts demo installations in Puertollano and provides HCPV-EL power conditioning coupling system and monitoring for CPV4H2 project
• Fagor EléctrónicacoreTechnology or Integration · 9 October 2018PowerTree consortium partner responsible for electronics manufacturing for the Electronic Management Unit (EMU) and balance of system components
• CPV ConsortiumminorStrategic or Co-development Partner · 12 March 2018Global industry organization supporting CPV development and long-term success. BSQ Solar sponsors CPV-14 and CPV-15 conferences owned by this consortium
• University of JaénminorStrategic or Co-development Partner · 1 January 2005Long-standing R&D collaboration since 2005 with solar energy research teams integrated in Centre for Advanced Studies in Energy and Environment

Scale indicators6 records

Recent moves7 records

Expansion highlights5 records

Others

• Array Technologies: Largest US-based solar tracker manufacturer supplying single-axis trackers for utility-scale PV plants. Comparable in solar tracking hardware and EPC-adjacent delivery, though focused on silicon PV rather than CPV.
• Nextracker: Leading global single-axis solar tracker supplier for utility-scale PV. Adjacent competitor in solar tracking systems; competing technology paradigm (fixed-elevation silicon PV with single-axis tracking) versus BSQ's dual-axis HCPV approach.
• Azur Space Solar Power: European manufacturer of III-V multi-junction solar cells used in CPV systems. Upstream supplier to the CPV industry that BSQ serves; comparable technology foundation but different position in the value chain.
• STi Norland: Spanish-headquartered solar tracker manufacturer with global utility-scale presence. Regional tracker peer with overlapping delivery channels to European and Latin American utility customers.

Direct peers

• Soitec (CPV division): Soitec acquired Concentrix Solar and was the largest independent CPV system manufacturer. Direct comparable in CPV module and tracker manufacturing; Soitec eventually exited the CPV business, illustrating the segment's commercial fragility.
• Amonix: US-based HCPV system designer and manufacturer targeting utility-scale solar plants in high-DNI regions. Direct competitor in CPV module and tracker systems for the same concentrated-photovoltaic value chain.
• SolFocus: Former US-based CPV system manufacturer using reflective optics and III-V multi-junction cells. Closest direct historical peer to BSQ in CPV technology approach; filed for bankruptcy in 2014, underscoring the segment's risk profile.
• Suncore Photovoltaics: HCPV system manufacturer formed from EMCORE and JDSU CPV operations. Direct peer in producing concentrator photovoltaic modules and utility-scale CPV systems, with overlapping customer base in high-DNI utility projects.

Broad incumbents

• Maxeon Solar Technologies (SunPower): High-efficiency back-contact silicon PV manufacturer. Competes with BSQ for premium, efficiency-focused solar customers and in distributed/residential applications where PowerTree is positioned.
• First Solar: Largest thin-film CdTe PV module manufacturer and utility-scale project developer. Broad incumbent in the same utility-scale solar generation value chain where BSQ competes, with vastly greater scale and capital.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/bsqsolar
• YouTubeyoutube.com/channel/UCsvIVUskqwxZ636Q3JPg7gw
• Facebookfacebook.com/BSQSolar-SL-891559327593435
• LinkedInlinkedin.com/company/compa-a-espa-ola-de-alta-eficiencia-fotovoltaica-bsq-solar-sl

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BSQ Solar