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

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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.

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Arjun Joshi

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Solar Tracker Manufacturer Soltec’s Revenues Up by 354% YoY in Q4 2021

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