Solar Tracker Manufacturer Soltec’s Revenues Up by 354% YoY in Q4 2021
The company has a pipeline of more than 10 GW in six countries
March 4, 2022
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
Soltec Power Holdings, in its recently announced financial results, recorded revenues of €159.6 million (~$177.4 million) in Q4 2021, a year-over-year (YoY) increase of 354% compared to €35.1 million (~$38.83 million) in Q4 2020 and a quarter-over-quarter (QoQ) growth of 59% compared to €100 million recorded in Q3 2021.