Solaria, a leading company in the development and generation of photovoltaic solar energy in Southern Europe, today published its earnings for the first nine months of 2021.
During this period, Solaria has maintained an exponential growth in all items of its income statement: revenues increased by 65% to 80.2 million euros, EBITDA rose by 86% to 70 million euros and net profit grew by 50% to 37.6 million euros.
This dynamic confirms that Solaria continues to be a growth company that has multiplied its EBITDA by three and its net profit before tax by five in the last three years.
In line with its strategic plan, Solaria continues to increase its installed capacity and has a total of 5,179 MW installed, under construction or in public information, which is equivalent to its target of the end of 2024 and 30% of its target of 18 GW in 2030.
Its Chairman Mr. Enrique Díaz-Tejeiro highlights: “These results show that Solaria continues on the path of growth and continues to meet the objectives of its strategic plan. We are proud to position ourselves as a benchmark in sustainability, reaffirming our commitment to the environment and society”.
In line with the agreements reached at COP26, Solaria reaffirms its commitment to the fight against climate change and decarbonization, thanks to the 73% increase in green energy generation and the 59% reduction in CO2 emissions.
Solaria continues to increase and improve its communication and reporting of non-financial information and is positioning itself as an ESG benchmark. This is demonstrated by its permanence in one of the most relevant sustainability indexes in the world; the S&P Global Clean Energy Index, made up of 75 companies, only 3 of which are Spanish.