CELTEC
CELTEC S.A. is a Panama-based solar equipment distributor founded in 2019, serving integrators, developers, and installers across Latin America and the Caribbean with multi-brand solar panels, inverters, batteries, EV chargers, and mounting systems from manufacturers such as LONGi, Sungrow, Tigo, and VELTIUM.
- Company typePrivate
- Founded-
- HeadquartersCiudad de Panamá, Panama
- Headcount11–50
- GTM typeB2B
- OfferingServices
What CELTEC does
CELTEC S.A. is a privately held solar equipment distributor founded in 2019 and headquartered in Panama City, Panama, with regional offices in Bogotá, Colombia and Santo Domingo, Dominican Republic. The company serves solar integrators, EPC contractors, developers, and end customers across Latin America and the Caribbean, with a focus on Central America. CELTEC does not manufacture products; instead, it distributes a multi-brand portfolio of solar panels (LONGi, including the Hi-MO 5M and Hi-MO X10 lines), string and hybrid inverters (Sungrow, Solis, APsystems, Deye), lithium battery storage (Pylontech, Soluna), mounting structures (Corigy, S-5!), rapid shutdown systems (Tigo), arc fault protection (ArcBox/Viridian), EV chargers (VELTIUM, Siemens), and supporting electrical components sourced from global manufacturers. The company holds ISO 9001:2015 and ISO 14001:2015 certifications and operates as an official LONGi distributor in Latin America, having signed a 50 MW distribution agreement for Panama in August 2023.
CELTEC runs a hybrid go-to-market combining a self-serve Shopify e-commerce storefront for individual product purchases with WhatsApp-based quote workflows for project and custom orders, supplemented by event-driven demand generation in which the company participates as Gold/Title/Country Partner at regional energy conferences such as Renpower Centroamérica and Energyear, often co-presenting with manufacturer partners. Revenue is generated on a hardware-sales basis with unit reference pricing visible on the storefront (LONGi Hi-MO 5M 410W at $123.00 per panel; mounting clamps at $1.38–$2.38 per unit) and final pricing negotiated via WhatsApp or quote requests. Customers include solar developers, integrators, EPC contractors, residential installers, and small commercial buyers; Powerlink is the only disclosed enterprise customer, using Tigo Rapid Shutdown solutions for Central American installations. The company has 21 employees and is led by CEO Darío Torres.
The company maintains a Freshdesk-based technical support portal and has launched a web-based solar system design tool at app.celtecgroup.com. Across 2025–2026 CELTEC has rapidly expanded its product breadth through partnerships with Tigo Energy (rapid shutdown, March 2026), VELTIUM (EV charging, February 2026), and ArcBox/Viridian (arc fault safety, January 2026), and has deepened its utility-scale positioning via Sungrow co-marketing at Renpower Centroamérica 2026. In June 2026, CELTEC was admitted as an active member of ASOFER, the Dominican Renewable Energy Companies Association, formalizing its presence in the Dominican Republic.
CELTEC firmographics
Firmographics- Name
- CELTEC
- Legal name
- CELTEC S.A.
- Website
- https://celtecgroup.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- CELTEC S.A. is a Panama-based solar equipment distributor founded in 2019, serving integrators, developers, and installers across Latin America and the Caribbean with multi-brand solar panels, inverters, batteries, EV chargers, and mounting systems from manufacturers such as LONGi, Sungrow, Tigo, and VELTIUM.
- Ownership category
- akta.pro rank
CELTEC industry classification
Industry- Product category
- Solar Equipment Distribution
- akta.pro primary industry
- Solar Distribution & Wholesale Supply (Channel, Procurement, Logistics) (EUAMABAK)
Keywords
Where CELTEC is headquartered
LocationHeadquarters
- HQ city
- Ciudad de Panamá
- HQ country
- Panama
- HQ region
- Latin America
Offices3 records
Markets served
CELTEC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Marketing or Sales, Personnel, Infrastructure
Revenue model
- Hardware Distribution: CELTEC generates revenue by distributing solar hardware products including panels, inverters, structures, cables, batteries, solar lights, and EV chargers. Sales are conducted via e-commerce storefront and WhatsApp quote requests. Revenue is one-time at point of sale for individual products, with no recurring subscription component disclosed.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Pay-as-you-go | Individual product unit pricing (e-commerce) |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
CELTEC product offering
Product offeringCore offering
CELTEC is a regional distributor of solar energy materials and components across Latin America and the Caribbean, headquartered in Panama with offices in Colombia and the Dominican Republic. The company distributes solar panels, string and micro inverters, lithium batteries, mounting structures, cables, EV chargers, rapid shutdown devices, and arc fault protection products sourced from international manufacturers such as LONGi, Sungrow, Solis, APsystems, Deye, Pylontech, Tigo, S-5!, VELTIUM, and Viridian Solar. Sales occur through a self-serve Shopify e-commerce storefront supplemented by WhatsApp-based quote requests for project and custom orders.
Product overview
CELTEC operates as a specialized solar equipment distributor serving Latin America and the Caribbean with a comprehensive portfolio spanning solar panels (LONGi), microinverters (APsystems) and string inverters (Solis, Sungrow, Deye), battery storage (Pylontech, Soluna), EV charging (VELTIUM, Siemens), mounting structures (Corigy, S-5!), rapid shutdown (Tigo), and arc fault protection (ArcBox). The company functions as a distribution platform offering solar equipment across 10 product categories along with technical support via a Freshdesk portal and a web-based design tool at app.celtecgroup.com. Products are sourced from global manufacturers and distributed throughout Central America, the Caribbean, and Colombia with regional offices in Panama (headquarters), Colombia, and Dominican Republic.
Differentiator
Problem solved
Functional benefit
Products and services
- LONGi Solar Panels Premium monocrystalline solar modules including Hi-MO 5M (410W), Hi-MO X10 Explorer (640W-650W), Hi-MO X10 Guardian (540W-645W), and Hi-MO X10 Scientist Bifacial (645W) lines featuring HPBC 2.0, TaiRay wafer technology, and anti-shading capabilities, sold to solar integrators, EPC contractors, and project developers across Latin America and the Caribbean.
- APsystems Microinverters Microinverters including DS3-L-NA, DS3D-MX, DS3-NA, EZOG-LV off-grid hybrid, QT2-208, and ECU communication units featuring Zigbee encryption, multiple MPPT channels, and rapid shutdown compliance for distributed solar installations.
- Solis Inverters
- Sungrow Inverters
- Deye Inverters
- Pylontech Batteries
- Soluna Batteries
- Corigy Mounting Systems
- S-5! Mounting Solutions
- Tigo Rapid Shutdown
- Viridian ArcBox
- VELTIUM EV Chargers
- Siemens VersiCharge
- Solar Cables
Quantifiable outcome
- 50 MW distribution agreement signed with LONGi for distributed generation market in Panama
- +1 more outcomes
Companies that use CELTEC
Customer profileNamed customers1 record
Segments2 records
Ideal customer profiles2 records
CELTEC technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
CELTEC partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered minor, flagship and core.
- ASOFER (Asociación Dominicana de Empresas de Energías Renovables)minorCELTEC was admitted as an active member of ASOFER, the Dominican Renewable Energy Companies Association, strengthening its presence in the Dominican Republic market.
- SungrowflagshipCELTEC and Sungrow participated as Gold Partners at Renpower Centroamérica 2026 in Panama City, presenting utility-scale BESS solutions including PowerTitan 3.0 and PowerStack 255CS. CELTEC also represents Sungrow across Latin America and the Caribbean.
- Tigo EnergycoreCELTEC and Tigo Energy formed a strategic alliance for the regional distribution of Tigo's Rapid Shutdown solutions in Central America and the Caribbean. The partnership aligns with NEC 2017/2020 requirements for module-level shutdown, targeting safety in residential, commercial, and utility-scale solar projects.
- VELTIUMcoreCELTEC partnered with VELTIUM (Spanish EV charger manufacturer) to distribute residential and commercial EV charging solutions across Central America, Colombia, and the Caribbean. The collaboration brings Veltium's Lite Uno and commercial Point line chargers to the regional market.
- ArcBox (Viridian Solar)coreCELTEC partnered with ArcBox (a division of Viridian Solar, UK) to distribute ArcBox solar electrical fire safety devices across Central America, Colombia, and the Caribbean. ArcBox encapsulates DC connectors to prevent and contain electrical arcing faults.
- LONGi Solar TechnologyflagshipCELTEC is an official LONGi distributor in Latin America. In August 2023, CELTEC and LONGi signed a 50 MW distribution agreement for Panama's distributed generation market. CELTEC holds ISO 9001 and ISO 14001 certifications and distributes the full LONGi Hi-MO series.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
CELTEC competitors and assessment
Company assessmentDirect peers
- SunSupply: Brazil's largest solar equipment wholesale distributor, carrying panels, inverters, batteries and structures from many of the same OEMs (including LONGi and Sungrow). It is the closest direct comparable to CELTEC in Latin America by business model and product breadth.
- Krannich Solar: Germany-based global solar wholesale distributor with regional subsidiaries across Europe, the Americas, Asia and Africa. Comparable to CELTEC as a multi-brand PV distributor serving installers, though at much larger scale and geographic breadth.
- BayWa r.e. Solar Trade: Global solar and renewables wholesale arm of BayWa r.e., distributing modules, inverters and BOS to installers across dozens of markets. Comparable to CELTEC as a multi-brand distribution platform, though with broader geographic coverage.
- Tecnosolar: Mexican solar equipment distributor serving installers and integrators with panels, inverters, mounting and balance-of-system components. Comparable to CELTEC as a regional multi-brand solar distributor targeting Latin American integrators.
- AutoSolar: Spain-headquartered solar and renewable equipment distributor that ships across Latin America. Comparable to CELTEC for its broad multi-brand catalog (panels, inverters, batteries, EV chargers, structures) and Latin American customer base.
Broad incumbents
- LONGi Green Energy: World's largest monocrystalline silicon and solar panel manufacturer and CELTEC's flagship distribution partner (50 MW Panama agreement). Relevant because LONGi could choose to bypass distributors and serve Latin American installers directly.
- JinkoSolar: Top-tier global solar panel manufacturer with its own regional distribution in Latin America. Comparable to CELTEC's OEM partners as a manufacturer that competes for the same downstream installer shelf space.
- Sungrow Power Supply: Leading global inverter and BESS manufacturer and CELTEC's co-marketing partner (Gold Partner at Renpower 2026). Comparable as a major OEM that supplies CELTEC and could expand its own distribution footprint in Latin America.
Others
- Enphase Energy: Global leader in microinverter-based solar-plus-storage systems (IQ8, IQ Battery). Comparable to APsystems (one of CELTEC's distributed brands) and a potential direct competitor for the microinverter shelf space CELTEC occupies.
- Tigo Energy: US-based module-level electronics (MLPE/rapid shutdown) manufacturer with which CELTEC holds a core strategic alliance. Comparable as a technology partner whose products CELTEC distributes and that influences NEC 2017/2020 compliance positioning.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks7 records
Key highlights7 records
Customer concentration
CELTEC social profiles
Digital presenceCELTEC compliance and trust
Trust signalCompliance2 records
CELTEC financial estimates
Financial estimateRevenue estimate
Valuation estimate
CELTEC leadership team
Management profileNumber of profiles
Profiles3 records
CELTEC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CELTEC 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 CELTEC
What does CELTEC do?
CELTEC is a regional distributor of solar energy materials and components across Latin America and the Caribbean, headquartered in Panama with offices in Colombia and the Dominican Republic. The company distributes solar panels, string and micro inverters, lithium batteries, mounting structures, cables, EV chargers, rapid shutdown devices, and arc fault protection products sourced from international manufacturers such as LONGi, Sungrow, Solis, APsystems, Deye, Pylontech, Tigo, S-5!, VELTIUM, and Viridian Solar. Sales occur through a self-serve Shopify e-commerce storefront supplemented by WhatsApp-based quote requests for project and custom orders.
Is CELTEC a public or private company?
CELTEC is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was CELTEC founded?
CELTEC was founded in -1. It employs 11 to 50 people.
Where is CELTEC based?
CELTEC is headquartered in Ciudad de Panamá, Panama, in the Latin America region.
How does CELTEC make money?
One revenue line is on record: hardware Distribution.
Who are CELTEC's main competitors?
Direct peers on record are SunSupply, Krannich Solar, BayWa r.e. Solar Trade, Tecnosolar and AutoSolar. Broad incumbents are LONGi Green Energy, JinkoSolar and Sungrow Power Supply. Others are Enphase Energy and Tigo Energy.
Does CELTEC have an API?
No public API is recorded for CELTEC.
What industry is CELTEC in?
CELTEC's product category is Solar Equipment Distribution. Its primary akta.pro industry code is EUAMABAK, Solar Distribution & Wholesale Supply (Channel, Procurement, Logistics).