Solatom CSP SL Asset Profile

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Year established

2016

Location

Valencia Spain

Primary Industry

Renewable Energy

About

Founded in 2016 and based in Valencia, Spain, Solatom CSP SL operates as a provider of solar power solutions in the industrial sector. In May 2024, Solatom CSP SL raised a venture funding led by investor Grupo Dominguis. Solatom specializes in industrial heat generation using solar technology, focusing on its flagship FLT20 solar boiler. This advanced boiler employs Fresnel lens technology to efficiently produce steam, pressurized hot water, and thermal oil for various industrial needs. The FLT20 modules are pre-assembled, ensuring high quality and minimizing on-site construction time. Solatom’s solar boilers provide a sustainable alternative to traditional fossil fuel systems, reducing carbon emissions and operational costs. The company also offers integration solutions for existing boiler systems, tailored estimates for factories, and support for research and development projects.

Current Investors

BP Plc, Enagas, Ship2B Foundation

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Primary Industry

Renewable Energy

Sub Industries

Solar Power

Website

www.solatom.com

Verticals

IoT (Internet of Things)

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Financials

Fiscal Year Ended
Revenue (USD)
% Revenue Growth (YoY)
Operating Income (USD)
Operating Margin
EBITDA (USD)
% EBITDA Margin
NET Income (USD)
% Net Margin

31 Dec 2016

(4,466)

(4,458)

(3,274)

31 Dec 2017

10,836

591

5.5%

635

5.9%

443

4.1%

31 Dec 2018

52,410

383.7%

(57,212)

(109.2%)

(40,892)

(78%)

(72,629)

(138.6%)

31 Dec 2019

177,149

238%

6,684

3.8%

31,610

17.8%

30,221

17.1%

31 Dec 2020

124,427

(29.8%)

(86,147)

(69.2%)

(60,522)

(48.6%)

(65,023)

(52.3%)

31 Dec 2021

31 Dec 2022

31 Dec 2023

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