Buildings powered by the sun
Soltech Energy develops, manufactures, installs, and optimises solar cell roofing and facades. Based in Sweden, the Soltech Group consists of 16 subsidiaries working together to set and reach mutual goals. The company operates primarily in Sweden and China.
Soltech makes it easier for homeowners, property owners, municipalities and companies to make the transition into renewable energy, integrating it into building supplies for new buildings and reconstruction.
Category
You could say that Soltech fits into two categories. The first is that of building efficiencies, which includes everything that is connected to solar energy development, installation and optimisation of solar energy solutions as well as charging and storage of energy in large projects to generate green solar energy. Soltech also fits into the category of roofing and facade suppliers, where the solar products are a natural add-on to traditional roofs, like metal or shingle ,and suppliers of glass facades.
Subcategory
The competition continues to increase in solar roofing. Dow Chemical launched the first solar shingles in 2016, followed shortly thereafter by Tesla, who is now considered the market leader. Soltech’s offering of colourful and innovative facades is one way that the company stands out, as is their ability to optimise performance through the whole chain.
Their current range of solutions includes products such as the Soltech ShingEl, Soltech RooF, Soltech Surface-mounted solar cells, batteries, charging ports, and Soltech Facade.
References include private housing, parking structures, apartment buildings, and public buildings, for customers such as Swedish Vasakronan, among many others.
High initial capital costs are still a deterrent, leading building owners to choose traditional roofs over solar roofs. That said, growing demand coupled with lower production and installation costs are expected to have a positive impact on the market for solar shingles for years to come.
FACTS
Founded in: 2006
Founded by: Soltech Sales & Support, NP-Gruppen, Sweden Energy, Advanced Soltech Sweden AB, Merasol, Measol, Soldags, Takorama, FasadSystem, TakRekond AB, Din Takläggare, Annelundstak, Ljungs Sedum, Provektor and AMS El.
CEO: Stefan Ölander
Headquarters: Stockholm, Sweden
Employees 2021: 350
Listed on First North Growth Market Stock exchange Revenue 2020: 500 MSEK
Visit the website of Soltech Energy at: https://soltechenergy.com