Soltec Power Holdings SA

Common Name
Soltec Power Holdings
Country
Spain
Sector
Technology
Industry
Solar
Employees
1,817
Ticker
SOL
Exchange
BOLSA DE MADRID
Description
Soltec Power Holdings S.A. is a global leader in the renewable energy sector, specializing in the design and manufacture of solar tracking systems. These systems optimize the efficiency of solar panel...

Soltec Power Holdings EU Taxonomy Data Preview

In 2024, Soltec Power Holdings was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Soltec Power Holdings has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Soltec Power Holdings are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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Total Taxonomy Non-Eligible B Capex
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This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Soltec Power Holdings's Revenues from Sustainable Activities

In 2024, Soltec Power Holdings reported EU Taxonomy-eligible revenues of EUR 326.32 million, representing 100% of its total turnover. Of this amount, EUR 326.32 million of Soltec Power Holdings's revenues was classified as EU Taxonomy-aligned, indicating that 100% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Soltec Power Holdings's Taxonomy-Eligible Turnover Over Time

20212022202320240%25%50%75%100%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

Have Soltec Power Holdings's revenues become more sustainable over time?

Compared to the previous year (2023), Soltec Power Holdings's taxonomy-aligned revenues remained relatively stable, indicating that Soltec Power Holdings maintained operational continuity , with no significant changes in the scale of sustainable activities or the coverage of its taxonomy-aligned reporting.

How much of Soltec Power Holdings's revenue is eligible under the EU Taxonomy?

In 2024, Soltec Power Holdings reported that EUR 326.32 million of its revenue was eligible under the EU Taxonomy, representing 100% of the company's total turnover. Of this amount, EUR 326.32 million (100% of total revenue) was classified as Taxonomy-aligned. This means that 0% of Soltec Power Holdings's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.

How much of Soltec Power Holdings's eligible revenue is aligned with the EU Taxonomy?

In 2024, Soltec Power Holdings reported that EUR 326.32 million of its revenue was aligned under the EU Taxonomy, representing 100% of its total turnover.

This strong alignment suggests that Soltec Power Holdings has strategically integrated environmentally sustainable activities into its core business model, positioning itself as a leader in the green transition.

Soltec Power Holdings's Eligibility & Alignment Overview

Total TaxonomyAligned A1 Turnover(100.0%)

Soltec Power Holdings's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Soltec Power Holdings's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Soltec Power Holdings reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 100%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Soltec Power Holdings earn from selling climate-related solutions ?

In 2024, Soltec Power Holdings reported that EUR 326.32 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 100% of the company's total revenue, indicating that Soltec Power Holdings primarily focuses on solutions that support climate action through its commercial activities.

Insights into Soltec Power Holdings's CAPEX from Sustainable Activities

In 2024, Soltec Power Holdings reported EU Taxonomy-eligible CAPEX of EUR 6.48 million, representing 89.91% of its total CAPEX. Of this amount, EUR 6.48 million of Soltec Power Holdings's CAPEX was classified as EU Taxonomy-aligned, indicating that 89.91% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Soltec Power Holdings's Taxonomy-Eligible Capex Over Time

20212022202320240%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

Have Soltec Power Holdings's increased its investment in sustainable activities over time?

Compared to the previous year (2023), Soltec Power Holdings's taxonomy-aligned CAPEX decreased by 1.31%, suggesting that Soltec Power Holdings may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.

How much of Soltec Power Holdings's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Soltec Power Holdings reported that EUR 6.48 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 89.91% of the company's total CAPEX. Of this amount, EUR 6.48 million (89.91% of total CAPEX) was classified as Taxonomy-aligned. This means that 0% of Soltec Power Holdings's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Soltec Power Holdings's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Soltec Power Holdings reported that EUR 6.48 million of its CAPEX was aligned under the EU Taxonomy, representing 89.91% of its total capital investment.

This strong alignment suggests that Soltec Power Holdings is directing a significant portion of its capital investments toward environmentally sustainable assets or activities, reinforcing a strategic focus on long-term sustainability.

Soltec Power Holdings's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(10.1%)Total TaxonomyAligned A1 Capex(89.9%)

Soltec Power Holdings's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%25%50%75%100%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Soltec Power Holdings's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Soltec Power Holdings reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 89.91%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Soltec Power Holdings is investing in climate-related solutions?

In 2024, Soltec Power Holdings allocated EUR 6.48 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 89.91% of the company's total capital expenditure, indicating that Soltec Power Holdings is prioritizing climate-focused investments as a central part of its overall capital strategy.

Insights into Soltec Power Holdings's OPEX from Sustainable Activities

In 2024, Soltec Power Holdings reported EU Taxonomy-eligible OPEX of EUR 11.73 million, representing 74.29% of its total operating expenses (OPEX). Of this amount, EUR 11.73 million of Soltec Power Holdings's OPEX was classified as EU Taxonomy-aligned, indicating that 74.29% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

Soltec Power Holdings's Taxonomy-Eligible Opex Over Time

20212022202320240%25%50%75%100%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

Have Soltec Power Holdings's increased its spending in sustainable activities over time?

Compared to the previous year (2023), Soltec Power Holdings's taxonomy-aligned OPEX decreased by 3.02%, suggesting that Soltec Power Holdings may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.

How much of Soltec Power Holdings's operational expenditure (OPEX) is eligible under the EU Taxonomy?

In 2024, Soltec Power Holdings reported that EUR 11.73 million of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 74.29% of the company's total OPEX. Of this amount, EUR 11.73 million (74.29% of total OPEX) was classified as Taxonomy-aligned. This means that 0% of Soltec Power Holdings's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Soltec Power Holdings's eligible OPEX is aligned with the EU Taxonomy?

In 2024, Soltec Power Holdings reported that EUR 11.73 million of its OPEX was aligned under the EU Taxonomy, representing 74.29% of its total operational expenditure.

This strong alignment suggests that Soltec Power Holdings is allocating a significant share of its operating budget to environmentally sustainable activities, signaling a strategic emphasis on day-to-day sustainability performance.

Soltec Power Holdings's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Opex(25.7%)Total TaxonomyAligned A1 Opex(74.3%)

Soltec Power Holdings's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%20%40%60%80%% Taxonomy-Eligible opex
  • Total Taxonomy Aligned A1 Opex
  • Total Taxonomy Eligible but Not Aligned A2 Opex

How is Soltec Power Holdings's taxonomy-aligned OPEX distributed across the EU environmental objectives?

In 2024, Soltec Power Holdings reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 74.29%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much of Soltec Power Holdings's operational budget supports climate-related solutions?

In 2024, Soltec Power Holdings allocated EUR 11.73 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 74.29% of the company's total OPEX, indicating that Soltec Power Holdings is focusing a significant share of its operational spending on supporting climate action through its day-to-day activities.