12 December 2025
Soltec begins the implementation of its restructuring plan, which will culminate in a capital increase securing the entry of DVC Partners as the new majority investor
- The El Rancho solar photovoltaic plant, developed by Statkraft and located in Jerez de la Frontera, has an installed capacity of 54.25 MWp and features 1,155 units of Soltec’s SF7 solar tracker.
- Statkraft has invested approximately 50 million euros in this project, which has provided a significant economic boost to the region.
Murcia, June 4, 2025 – Soltec has completed the construction and supply of the El Rancho solar photovoltaic plant, owned by Statkraft and located in Jerez de la Frontera. The plant has an installed capacity of 54.25 MWp and features 1,155 units of Soltec’s SF7 solar tracker. It is capable of supplying the average annual electricity consumption of over 30,000 households and avoiding the emission of 28,000 tons of CO₂ per year.
The project, developed by Statkraft – Europe’s leading renewable energy producer and a key player in the PPA market – represents a strong commitment to clean energy, aligned with Spain’s decarbonization and energy transition goals.
Statkraft has invested approximately 50 million euros in this initiative, which has provided a significant economic boost to the region. During the construction phase, 282 jobs were created, including 64 workers from Jerez de la Frontera and 123 from the province of Cádiz, accounting for 44% local employment. In addition, Statkraft made purchases from 58 local companies totaling nearly 1.6 million euros, contributing to the strengthening of the regional business ecosystem.
This project, built directly by Soltec, is one of the last to be fully executed by the company before focusing its activity exclusively on the manufacturing and supply of solar trackers. The plant features the SF7, one of the most advanced 2P trackers on the market. This model stands out for its high output and efficiency, thanks to its self-powered design that simplifies commissioning and reduces operating costs. It also optimizes installation through fewer components and faster assembly.
The experience gained by Soltec in projects like this has been key in guiding the design of the SF7 toward more streamlined and efficient installation — knowledge that will be fundamental in the development and production of future trackers.
Andalusia holds a strategic position in Soltec’s growth plans. In this region alone, the company has supplied projects totaling 1.3 GW of installed capacity, reinforcing its leadership and commitment to clean energy generation and to boosting local employment and economic development.
“Every new project we develop in Andalusia reaffirms our commitment to a cleaner, fairer, and more locally connected energy model. At El Rancho, we’ve focused both on environmental sustainability and on creating real opportunities for the local community. That balance between innovation and responsibility is exactly how we at Soltec envision the future of energy,” said Mariano Berges, CEO of Soltec.
