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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's GHG Emissions Data Preview

In 2024, Soltec Power Holdings completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

However, Soltec Power Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Soltec Power Holdings’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Soltec Power Holdings’s data sources below and access millions more through our Disclosure Search.

a. Soltec Power Holdings's Non-financial report 2024
a. Soltec Power Holdings's Non-financial report 2024

Insights into Soltec Power Holdings's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofSoltec Power Holdings amounted to3,917.97metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Soltec Power Holdingsdecreased by 33.47%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a

Soltec Power Holdings's Scope 1 Emissions Over Time

2023202401.5 k3 k4.5 k6 ktCO2e-34%
  • Total Scope 1
  • Year-over-Year Change

What are Soltec Power Holdings's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Soltec Power Holdings were 3,837.92 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Compared to the previous year(2023), Soltec Power Holdings's Scope 1 emissions decreased by 33.93%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a

What are Soltec Power Holdings's Scope 2 emissions?

In 2024, Soltec Power Holdings reported Scope 2 greenhouse gas (GHG) emissions of 80.05 tCOâ‚‚e without specifying the calculation method.a

Has Soltec Power Holdings reduced its Scope 2 emissions over time?

Compared to the previous year(2023), Soltec Power Holdings's Scope 2 emissions(Unspecified Calculation Method) have remained relatively stable, indicating that Soltec Power Holdings's emissions have plateaued with no significant change in its energy consumption footprint.a

What methodology does Soltec Power Holdings use for Scope 2 reporting?

In 2024, Soltec Power Holdings reported its Scope 2 emissions using an unspecified methodology.a

Soltec Power Holdings's Scope 2 Emissions Over Time

202320240255075100tCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Soltec Power Holdings's Value Chain Emissions

In 2024, Soltec Power Holdings reported 71,994 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Soltec Power Holdings includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,down from 8 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a

Soltec Power Holdings's Scope 3 Emissions Over Time

202020212022202320240150 k300 k450 k600 ktCO2e+136526%+1%+90%-86%
  • Total Scope 3
  • Year-over-Year Change

What are Soltec Power Holdings's Scope 3 emissions?

In 2024, Soltec Power Holdings reported total Scope 3 emissions of 71,994 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Soltec Power Holdings reduced its Scope 3 emissions over time?

Since 2020, Soltec Power Holdings's Scope 3 emissionshave increased by 35,365.02%, reflecting a rising long-term trend in Scope 3 emissions over time.a

Compared to the previous year (2023), Soltec Power Holdings's Scope 3 emissions decreased by 86.49%, highlighting the company's efforts to lower indirect emissions from its value chain.a

Insights into Soltec Power Holdings’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Soltec Power Holdings reported Scope 1 greenhouse gas (GHG) emissions of 3,837.92 tCOâ‚‚e and total revenues of USD 340 millions. This translates into an emissions intensity of 11.3 tCOâ‚‚e per millions USD.a

Soltec Power Holdings's Scope 1 Emissions Intensity Compared to Peers

1002,00050,0001,000,00020,000,000Scope 1 Emissions (tCO2e)5505005,00020,000Revenues (Millions of USD)SXUShanghai Aiko Solar EnergyYear: 2024Scope 1: 1,807 tCO2eRevenue: $M 1,528Scope 1 Intensity: 1.18 tCO2e/$MGCL SIYear: 2024Scope 1: 1,296 tCO2eRevenue: $M 2,225Scope 1 Intensity: 0.58 tCO2e/$MCanadian SolarYear: 2024Scope 1: 16,864 tCO2eRevenue: $M 5,993Scope 1 Intensity: 2.81 tCO2e/$MSolaredge TechnologiesYear: 2023Scope 1: 9,895 tCO2eRevenue: $M 2,977Scope 1 Intensity: 3.32 tCO2e/$MTongweiYear: 2024Scope 1: 2,312,906 tCO2eRevenue: $M 12,605Scope 1 Intensity: 183.49 tCO2e/$MJinko SolarYear: 2024Scope 1: 138,400 tCO2eRevenue: $M 12,671Scope 1 Intensity: 10.92 tCO2e/$MMeyer Burger TechnologyYear: 2023Scope 1: 305 tCO2eRevenue: $M 161Scope 1 Intensity: 1.90 tCO2e/$MFlat Glass GroupYear: 2024Scope 1: 4,547,423 tCO2eRevenue: $M 2,560Scope 1 Intensity: 1,776.39 tCO2e/$MHanwha SolutionsYear: 2024Scope 1: 1,778,449 tCO2eRevenue: $M 8,446Scope 1 Intensity: 210.56 tCO2e/$MSSSoltech Energy SwedenYear: 2024Scope 1: 3,262 tCO2eRevenue: $M 218Scope 1 Intensity: 14.94 tCO2e/$MGoldwinYear: 2023Scope 1: 312 tCO2eRevenue: $M 7Scope 1 Intensity: 46.10 tCO2e/$MNextpowerYear: 2025Scope 1: 293 tCO2eRevenue: $M 2,960Scope 1 Intensity: 0.10 tCO2e/$MFirst SolarYear: 2024Scope 1: 16,593 tCO2eRevenue: $M 4,206Scope 1 Intensity: 3.94 tCO2e/$MWaaree EnergiesYear: 2025Scope 1: 357 tCO2eRevenue: $M 1,691Scope 1 Intensity: 0.21 tCO2e/$MSMA Solar TechnologyYear: 2024Scope 1: 2,937 tCO2eRevenue: $M 1,592Scope 1 Intensity: 1.84 tCO2e/$MPremier EnergiesYear: 2025Scope 1: 1,904 tCO2eRevenue: $M 763Scope 1 Intensity: 2.50 tCO2e/$MXXXinte EnergyYear: 2024Scope 1: 4,822,141 tCO2eRevenue: $M 3,179Scope 1 Intensity: 1,516.88 tCO2e/$MUUUnited Renewable EnergyYear: 2024Scope 1: 796 tCO2eRevenue: $M 177Scope 1 Intensity: 4.51 tCO2e/$MNEXTDCYear: 2025Scope 1: 7,927 tCO2eRevenue: $M 2,959Scope 1 Intensity: 2.68 tCO2e/$MJA Solar TechnologyYear: 2024Scope 1: 107,171 tCO2eRevenue: $M 9,608Scope 1 Intensity: 11.15 tCO2e/$MRisen EnergyYear: 2024Scope 1: 38,352 tCO2eRevenue: $M 2,773Scope 1 Intensity: 13.83 tCO2e/$MXinyi Solar HoldingsYear: 2024Scope 1: 5,432,651 tCO2eRevenue: $M 3,073Scope 1 Intensity: 1,768.00 tCO2e/$MSoltec Power HoldingsYear: 2024Scope 1: 3,838 tCO2eRevenue: $M 340Scope 1 Intensity: 11.30 tCO2e/$M

How does Soltec Power Holdings's GHG emissions intensity compare to its peers?

In 2024, Soltec Power Holdings reported a Scope 1 emissions intensity of 11.3 tCOâ‚‚e per millions USD. Compared to the peer group median of 4.23, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a

Where does Soltec Power Holdings rank on GHG emissions intensity within its industry?

In 2024, Soltec Power Holdings ranked 15 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

Soltec Power Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Soltec Power Holdings's Total Carbon Footprint

In 2024, Soltec Power Holdings reported a total carbon footprint of 75,911.97 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 85.91% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a

The largest contributor to Soltec Power Holdings's total carbon footprint was Scope 3 emissions, accounting for 94.84% of the company's total carbon footprint, followed by Scope 1 emissions at 5.06%.a

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