Soltec Power Holdings
Soltec Power Holdings, a leading player in the renewable energy sector, is headquartered in Spain (ES) and operates extensively across Europe and Latin America. Founded in 2004, the company has established itself as a pioneer in solar tracking technology, specialising in the design, manufacturing, and installation of solar trackers for photovoltaic plants. With a commitment to innovation, Soltec's flagship product, the Soltec SF7, stands out for its advanced single-axis tracking system, optimising energy production while minimising land use. The company has achieved significant milestones, including a robust market presence and numerous successful projects, solidifying its position as a trusted partner in the transition to sustainable energy. Soltec Power Holdings continues to drive advancements in solar technology, contributing to a greener future.
DitchCarbon Score
How does Soltec Power Holdings's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Electricity from Other Sources industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Soltec Power Holdings's score of 25 is higher than 64% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Soltec Power Holdings's reported carbon emissions
In 2023, Soltec Power Holdings reported total carbon emissions of approximately 532,905,630 kg CO2e, with Scope 1 emissions at about 5,808,960 kg CO2e and Scope 2 emissions at approximately 80,480 kg CO2e. The company also disclosed significant Scope 3 emissions, which accounted for the majority of their total emissions. Over the previous years, Soltec's emissions have shown a downward trend. In 2022, total emissions were about 162,000 kg CO2e, with Scope 1 emissions at approximately 6,382,000 kg CO2e and Scope 3 emissions at around 286,729,000 kg CO2e. In 2021, total emissions were about 1,825,000 kg CO2e, with Scope 1 emissions at approximately 2,742,000 kg CO2e and Scope 3 emissions at about 280,093,000 kg CO2e. The 2020 figures indicated total emissions of approximately 2,030,000 kg CO2e, with Scope 1 emissions at about 1,439,000 kg CO2e and Scope 3 emissions at around 277,351,000 kg CO2e. In 2019, total emissions were about 2,136,000 kg CO2e, with Scope 1 emissions at approximately 2,107,000 kg CO2e. Despite these figures, Soltec Power Holdings has not publicly committed to specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or climate pledges. The company operates within the renewable energy sector, which is increasingly focused on reducing carbon footprints and enhancing sustainability practices.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,107,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 29,000 | 00 | 00 | 00 | 00,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Soltec Power Holdings is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
