What Gonvarri Solar Steel does

Gonvarri Solar Steel S.L. is a Spanish designer, manufacturer, and supplier of solar trackers and fixed mounting structures for utility-scale photovoltaic power plants. The company is the solar-vehicle subsidiary of Gonvarri Industries, a family-controlled steel-transformer group with approximately 70 years of operating history, and is headquartered in Corvera de Asturias, Spain, with operating presence in more than 45 countries spanning EMEA, LATAM, and India. Gonvarri Solar Steel's product portfolio is anchored on the TracSmarT+ family of trackers, which includes the newly launched TracSmarT+ 1P single-row tracker with an octagonal torque tube, the TracSmarT+ 2P dual-row tracker, the TracSmarT+ System digital control platform, the RackSmarT line of fixed structures, and SmarTCare after-sales service. Differentiated features include TracBoost backtracking, SmarTSlope slope adaptation, and SmarTHail hail protection, alongside Agrivoltaic solutions through the AgriPV line and the Suports by Solar Steel commercial and industrial offering.

The company sells to solar project developers, independent power producers, engineering, procurement, and construction contractors, and financial sponsors requiring bankable Tier 1 equipment. Pricing is project-based and tied to megawatt volumes, with multi-year supply contracts and recurring service revenue from SmarTCare and the TracSmarT+ System. Revenue mechanics are anchored on tracker and structure hardware sales denominated in megawatts supplied, augmented by after-sales, software, and increasingly automated-O&M partnerships such as the 2026 collaboration with Solar-LIT for cleaning and maintenance robotics. Wood Mackenzie ranks Gonvarri Solar Steel Tier 1 / Grade A and inside the Top 4 globally, and the company holds the #1 position in Spain for three consecutive years, #1 in Iberia, #2 in Europe, #3 in LATAM, and #1 in Chile with a 51.9% market share.

Cumulatively the company has supplied more than 31 GW of trackers and fixed structures globally, including over 8 GW of RackSmarT fixed-tilt installations, and has secured a 2026 commercial pipeline of approximately 873 MW across Spain, Italy, Chile, and Romania, plus a 49 MW UK fixed-tilt contract and a 25 MW Colombia project. The business is private, with no public financial disclosures, and operates as a captive-steel downstream extension of Gonvarri Industries, which provides vertical integration advantages in steel sourcing and balance-sheet support.

Name

Gonvarri Solar Steel

Legal name

Gonvarri Solar Steel S.L.

Website

https://gsolarsteel.com

Company type

Private

Operating status

Operating

Short description

Gonvarri Solar Steel designs, manufactures, and supplies solar trackers and fixed mounting structures for utility-scale photovoltaic projects. Headquartered in Spain and operating in 45+ countries across EMEA, LATAM, and India, it serves solar developers, IPPs, and EPCs.

Ownership category

akta.pro rank

Product category

Solar Trackers and Mounting Structures

akta.pro primary industry

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

akta.pro secondary industries

PV Mounting & Tracking Systems (Fixed-Tilt, Single-/Dual-Axis Trackers) (EUACAGAD), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO)

Keywords

• Solar tracking systems
• Photovoltaic mounting structures
• Fixed tilt structures
• Utility-scale solar
• Agrivoltaic solutions

Headquarters

HQ city

Corvera de Asturias

HQ country

Spain

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Solar Tracker Sales: Design and supply of 1P and 2P solar trackers to utility-scale photovoltaic project developers and EPC contractors. Revenue recognized upon delivery of tracker systems for project installation.
2. Fixed Structure Sales: Design and supply of RackSmarT fixed-tilt structures for utility-scale solar projects. Over 8 GW supplied globally.
3. Project Pre-Execution Services: Know-how in product design and steel treatment applied during pre-project phases, adding value through engineering support and industrial capacity planning.
4. Project Execution Services: Commissioning support services during project execution to optimize LCOE of solar photovoltaic plants.
5. SmarTCare After-Sales Service: After-sales service platform providing technical support, spare parts availability, and operational assistance post-installation.
6. Distributed Generation / C&I Solutions: Suports by Solar Steel product line serving rooftop, canopy, ground-mounted, and tracker systems for commercial and industrial distributed generation projects.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Gonvarri Solar Steel designs, manufactures, and supplies solar trackers (single-axis TracSmarT+ 1P and dual-row TracSmarT+ 2P) and fixed-tilt mounting structures (RackSmarT) for utility-scale photovoltaic projects worldwide. Its offering also includes the TracSmarT+ control system, the Suports by Solar Steel line for commercial and industrial distributed generation, agrivoltaic (AgriPV) solutions, and adjacent engineering and after-sales services (pre-execution, commissioning, SmarTCare).

Product overview

Gonvarri Solar Steel offers a multi-product platform of solar trackers and fixed structures for utility-scale photovoltaic projects. The core portfolio includes TracSmarT+ 1P (single-axis trackers with cardan joint, available in single/dual-row), TracSmarT+2P (dual-axis trackers in 1/2 string configurations), and RackSmarT (fixed structures). These are complemented by TracSmarT+ System (centralized tracking control), AgriPV (agrivoltaic solutions), and Suports by Solar Steel (C&I distributed generation). Key technology differentiators include SmarTSlope terrain adaptability, TracBoost backtracking ecosystem, SmarTHail protection, and factory pre-assembly capabilities. With more than 31 GW supplied worldwide, the company is ranked #1 in Spain/Iberia, #2 in Europe, and #3 in LATAM (with 51.9% market share in Chile).

Differentiator

Problem solved

Functional benefit

Brands

• Suports by Solar Steel: Solar mounting solutions for distributed generation, rooftop, canopy, and ground-mounted projects, celebrating 20 years of operations in 2026
• TracSmarT+ 1P
• TracSmarT+ 2P
• RackSmarT
• TracSmarT+ System
• SmarTSlope
• TracBoost
• SmarTHail
• AgriPV by Solar Steel
• SmarTCare

Products and services

• TracSmarT+ 1P Solar Tracker Single-axis solar tracker available in single-row and dual-row configurations with a cardan joint system, designed as a versatile and efficient utility-scale PV solution with terrain-adaptive capabilities.
• TracSmarT+ 2P Solar Tracker Dual-axis solar tracking technology with advanced control system offering self-power or AC power options, available in 1- and 2-string configurations up to 41 meters per row.
• RackSmarT Fixed Structures Fixed-tilt solar structures fully adaptable to customer and project needs, with more than 8 GW supplied globally across diverse climates, topographies, and regulatory environments.
• TracSmarT+ Control System Solar tracking control system that uses algorithms and sensors to calculate optimal positions of solar panels in real-time, with self-power or AC power options and SCADA integration.
• Suports by Solar Steel (C&I Solutions) Standard and specific solutions for rooftop and canopy projects, ground-mounted, fixed, and tracker systems targeted at distributed generation and commercial and industrial applications.
• AgriPV Agrivoltaic Solutions Agrivoltaic solar solutions enabling coexistence of photovoltaic energy generation and agricultural activity on the same land, with elevated tracker configurations supporting crop management and machinery operations.
• Project Pre-Execution Services Engineering services applying product design and steel treatment know-how, plus industrial capacity, to add value for clients in phases prior to project design.
• Project Execution Services Commissioning support services during project execution aimed at optimizing the LCOE of solar photovoltaic plants.
• SmarTCare After-Sales Platform After-sales service platform providing quick and effective client response, with a guarantee of up to 3% of the economic profitability of each project.

Quantifiable outcome

• Up to 8% annual energy production improvement through TracBoost backtracking technology
• +8 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability1 record

Feature10 records

Partnerships

One partnership is on record.

• Solar-LITcoreTechnology or Integration · 4 June 2026Strategic intelligent matching cooperation announced at SNEC Shanghai (June 4, 2026) ensuring technical compatibility between Gonvarri Solar Steel's solar trackers (both 1P and 2P configurations) and Solar-LIT's automated cleaning robots for the global utility-scale solar market. The partnership enables seamless integration from the early design stage, allowing developers and EPC contractors to enhance operational efficiency, reduce O&M costs, and maximize long-term asset performance. The collaboration addresses growing industry need for automated cleaning systems to ensure peak module performance and availability, particularly in challenging environments.

Scale indicators19 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Soltec: Soltec is a Spanish solar tracker manufacturer focused on utility-scale PV projects. It directly competes with Gonvarri Solar Steel in Iberia and other markets, offering similar single-axis tracker products to the same utility developer and EPC customer base.
• STI Norland: STI Norland is a Spanish-headquartered solar tracker manufacturer with strong European and LATAM presence, directly competing with Gonvarri Solar Steel in Iberia, European tenders, and Latin American utility-scale projects with similar 1P and 2P tracker configurations.
• Array Technologies: Array Technologies is one of the leading global solar tracker manufacturers, with strong presence in the Americas. Its DuraTrack and OmniTrack product lines directly compete with Gonvarri Solar Steel's tracker offerings in the utility-scale PV market, particularly in regions like LATAM where both companies have demonstrated wins.
• GameChange Solar: GameChange Solar is a global manufacturer of solar trackers and fixed-tilt mounting structures for utility-scale projects. It is a direct competitor to Gonvarri Solar Steel with comparable product offerings across both trackers and fixed structures serving the same developer/EPC customer base.
• PV Hardware (PVH): PV Hardware is a Spanish solar tracker and fixed structure manufacturer with significant global reach. It is a direct competitor in both trackers and fixed-tilt mounting structures, particularly in EMEA, LATAM, and other utility-scale markets where Gonvarri Solar Steel operates.
• Trina Tracker (Trina Solar): Trina Solar's tracker division produces single-axis solar trackers for utility-scale PV projects and is part of the vertically integrated Trina Solar group. It competes directly with Gonvarri Solar Steel's tracker offerings in global utility-scale markets, including EMEA and LATAM.
• Nextracker: Nextracker is the largest global supplier of solar trackers, specializing in single-axis tracker systems for utility-scale PV projects. It competes directly with Gonvarri Solar Steel's TracSmarT+1P and 2P products in the same customer base (utility developers/EPCs) globally, including EMEA and LATAM markets where Gonvarri is established.
• K2 Systems: K2 Systems is a German-headquartered manufacturer specializing in solar mounting systems including fixed structures and rooftop systems. It is a competitor to Gonvarri Solar Steel's RackSmarT fixed-tilt and Suports C&I product lines, particularly in European markets.
• FTC Solar: FTC Solar is a US-based solar tracker manufacturer offering single-axis tracker systems for utility-scale applications. It competes with Gonvarri Solar Steel in global utility-scale PV markets, with overlapping customer segments among large developers and EPCs.

Emerging players

• Schletter Group: Schletter Group is a German manufacturer of solar mounting systems for ground-mounted, rooftop, and carport applications. It competes with Gonvarri Solar Steel in the fixed structures segment, particularly for utility-scale ground-mount installations and selected C&I projects in European markets.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCJgqaimnCAi4JKXMHgO4Utg
• LinkedInlinkedin.com/showcase/solarsteel

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 Gonvarri Solar Steel