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Soltec, a leading manufacturer and supplier of horizontal single-axis solar trackers and related services in large ground-mount PV projects, closed the signing of a 100 million euros syndicated credit facility with eleven banks to continue with the internationalization process that has led the company to develop projects and open subsidiaries in the five continents.

At Oktoberfest in Munich, a Tesvolt high-voltage storage system is helping to keep down electricity costs in the largest tent, the Festzelt Tradition. Peaks in consumption previously led to high costs for the tent’s owners, but are now covered by a lithium battery storage system with an output of 70 kilowatt hours (kWh)

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The best, latest and most trending news from across the global solar industry. Your daily scoop of exclusive hand-picked solar technology updates and news articles.

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