IDEEMATEC signed the contract for a follow-up solar project in Vietnam
Thanks to the trusting and reliable relationship with our partners, project advances are made possible even during challenging times.
#1 Tracking System @ Top Brand PV Award
NewsIDEEMATEC was awarded as TOP BRAND PV MENA in the category „TRACKER SYSTEM“ @ the renowned Top Brand PV Award – powered by Joint Forces for Solar Global & EuPD Research.
SafeTrack Horizon H4 Tracker now available with 35% fewer parts
NewsIdeematec now offers ex-works pre-assembly for the main structural components of their SafeTrack H4 and the bifacial version SafeTrack H4Plus. From now on, clearly defined main structural components can be ordered pre-assembled from our most important production sites worldwide.
IDEEMATEC starts the delivery of its safeTrack Horizon trackers for a Spanish 200 MW solar project
NewsIDEEMATEC is proud to announce the delivery start of its safeTrack horizon tracker for the Cabrera PVplant. Cabrera Solar will become one of the largest and most important solar energy projects in Spain and Europe, with a financing model without public subsidies.
IDEEMATEC strengthens financial position with ABN AMRO Energy Transition Funds as new investor
NewsJuly 3 2019 | Today IDEEMATEC GmbH and ABN AMRO Energy Transition Fund announced the signing of an investment agreement*. With this investment ABN AMRO ETF supports the rapid growth of the German specialist of Tracking Systems.
The company, its current shareholders and ABN AMRO ETF signed the deal today. IDEEMATEC produces technically strong solar PV tracking systems serving largescale solar power projects, globally and mainly located in the sun belt countries. The investment will be used for product development, further strengthening of IDEEMATEC’s international presence in the MENA region, Asia and America and for expansion of the team.
Pieter Smit, ABN AMRO Energy Transition Fund’s investment director comments: “IDEEMATEC is a technology leader in the field of decentralized horizontal PV trackers and is well positioned in this fast growing market. We strongly believe that IDEEMATEC is well positioned to become a top 3 player and are therefore happy to support the growth of the company. IDEEMATEC has a unique technology, strong customer base and an impressive portfolio on 6 continents.”
Mario Eckl, CEO of IDEEMATEC: ”As a supplier of a key component for PV projects we understand our role and responsibility towards our customers. The current order intake of more than 1 GW reflects to us the demand of our highly reliable products and services more than ever before. In addition to a great product and a very experienced team, we have worked hard to expand our global production capacity to meet the market requirements. With a production capacity of 2.5 GW, our customers can rely on a strong supply chain. The improved capital structure provides a solid basis for further expansion. We are therefore very happy that ABN AMRO ETF accompanies us in rolling out our growth plans.”
About IDEEMATEC
IDEEMATEC is a leading supplier of solar tracking systems headquartered in Germany with more than 12 years of experience and over 2 GW of installed systems on 6 continents. The Company employs currently a team of 60 specialists for product R&D, layout design, supply chain & logistic and project management. IDEEMATEC’s innovative high-span safeTrack Horizon™ tracker is powered by a patented drive technology which protects against torsional effects. Outstanding innovations add value through reduced balance of system and civil-/ maintenance costs, while ensuring the highest levels of availability over the entire design lifetime. The company currently supplies solar projects with a total capacity of one gigawatt amongst them flagship projects like 350 MW in Australia and 250 MW in Jordan.
About ABN AMRO Energy Transition Fund
The Energy Transition Fund is an initiative of Netherlands-based financial services provider, ABN AMRO. It manages a €200 million fund aimed at investing in companies and projects in the energy transition: renewable energy, clean mobility, smart infrastructure and energy efficiency. The fund typically makes equity capital investments in the range of €10 million to €25 million. The fund geographical focus is in Northwest Europe.
*The closing of the transaction is subject to clearance by German Federal Cartel Office.
IDEEMATEC celebrates market entry in Canada
NewsIDEEMATEC could win 2 new projects in Canada: – Vauxhall, 27 MW – Hull, 30 MW Due to the existing permafrost soil and high snow loads in Alberta, high demands were placed on the possible tracker supplier by the EPC.
APAC – Australia 350 MW project win for IDEEMATEC
NewsIdeematec currently equips the biggest solar power plant in Australia with 350 MW and supplies a total portfolio of more than 500 MW with its Horizon H4 tracking systems for three locations.
Europe, Spain Alarcos – IDEEMATEC wins 50 MW project
NewsIdeematec is supplying its safeTrack Horizon system for a 50 MW project in Spain. With reception of the NTP, the company was able to secure an early entry into its neighboring country’s PPA market. The 90 hectar solar field in the southwestern part of Spain is destined to produce 99 GW hours of clean energy […]
250 MW project for IDEEMATEC in Middle East – Jordan
NewsMiddle East– Jordan Ideematec is awarded the contract to supply tracking systems for another 250 MW power plant in Jordan.
IDEEMATEC wins 48 MW Solar PV Project in Vietnam
NewsThe PV plant is one of the largest in Vietnam and shall be put into operationalwithin the next 6 months. IDEEMATEC, announced today,that it has been awarded a contract for the supply of its innovative and patented safeTrack Horizon single axis tracking system to a 48 MW Solar PV Project in Vietnam. The supply of […]
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