STI Norland is the only solar tracker manufacturer to have compiled the FT1000 list
STI Norland, manufacturer and supplier of fixed-pitch solar trackers for large-scale PV projects, has become one of the fastest growing European companies, as published by the Financial Times on its annual FT1000 list.
The tracker manufacturer in particular ranks 9th among companies in the solar industry. This position was achieved thanks to an impressive growth of 471.6% in the period analyzed by the Financial Times, when STI Norland grew from sales of 18.3 million euros in 2016 to over 100 million euros in 2019.
This growth continued in 2020 and closed the year with a turnover of almost 200 million euros. The main activity was established in Europe and Latin America. Within these markets, the Spanish and Brazilian markets stand out.
STI Norland has always shown a pioneering and innovative spirit as the basis for its success. In the words of the recently appointed General Manager of the Spanish company, Javier Coloma, on the future of renewable energies: “We must not rush to get artificially low prices as this can lead to self-destruction. The regulator needs to change the law. The industry is ready for this transition, insofar as the regulations permit. ”
The FT1000 list was compiled by the prestigious Financial Times newspaper and recognizes innovative, fast-growing companies that are the driving force of the European economy in the 21st century, creating jobs and maintaining the continent’s competitiveness.
STI Norland is an international manufacturer of solar trackers and fixed structures for large-scale PV projects. The company is headquartered in Spain and was founded in 1996. The company has offices in Australia, Brazil, Chile, India, Israel, Mexico, South Africa and the USA. More information at stinorland.com and on social media: LinkedIn, Facebook, Twitter and Instagram.