Grupotec

About Grupotec

Established in 1997 by a group of engineers in Valencia, Spain, Grupotec has transitioned from its origins in agro-industrial engineering to a key player in the global photovoltaic energy market. The company's strategic direction is guided by Executive Chairman Olallo Villoldo, who was part of the founding team. An agricultural engineer by trade, Villoldo steered the company's diversification by bringing in division leaders as capital partners, a move he credits for the firm's substantial growth. This strategic shift, particularly into the photovoltaic sector since 2006, now accounts for approximately 80% of the company's revenue.

Grupotec's business model covers the entire value chain of solar energy projects. The firm develops, finances, builds, and operates solar power plants worldwide. Its services are vertically integrated, starting from site location and permitting to engineering, procurement, and construction (EPC), and extending to long-term operation and maintenance (O&M) and asset management. This comprehensive approach allows the company to serve as a single point of contact for clients, ensuring projects are bankable and meet project finance requirements. The company undertakes projects of various scales, including ground-mounted plants up to 92 MW, rooftop installations, and advanced systems like energy storage and hybrid wind-photovoltaic projects. Beyond renewables, Grupotec maintains divisions for engineering, which includes services for water treatment and the food sector, and architecture.

Headquartered in Valencia, Grupotec has a significant international footprint with operations across Europe, America, and Africa. The company has successfully developed over 3,000 MW and constructed more than 1,100 MW of photovoltaic projects. Its O&M division manages over 230 facilities globally, totaling more than 650 MW. The firm's expansion is also marked by strategic partnerships, such as a joint venture with Enar Renewables to enter Saudi Arabia's renewable energy market. With a workforce of over 600 professionals, Grupotec leverages its extensive engineering expertise to provide tailored solutions.