Spanish solar tracker firm Soltec rattled by financial turmoil
- Admin
- Sep 27, 2024
- 1 min read
Spanish solar energy specialist Soltec Power Holdings SA is facing financial troubles and undergoing restructuring due to project delays, accounting irregularities, and internal issues. The company's solar tracker division, Soltec Energias Renovables, is struggling with debt repayments. Soltec aims to focus on higher value-added activities and cash generation to drive future growth.
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