Headquartered in Portugal, the company has a true global presence with an
ACTIVE WORKFORCE of 400 employees in more than 20 countries,
ready to develop projects ANYWHERE IN THE WORLD
Our focus is to provide competitive and efficient solutions for solar projects, creating the best investment opportunities in the renewable energy sector.
Investors, utilities or specialized funds count on our expertise to deploy, structure and manage complex solar projects anywhere in the world from start to finish.
We know how to design and build reliable solar power installations for the most affordable investment with the least risk. During the feasibility stage, our team will provide projects tailor-made to your needs, assuring that the project is buildable and financeable.
MARTIFER SOLAR connects the solar industry with capital markets, ensuring to customers the certainty of investing in an ethical financial product with the best return on investment.
- Land Prospection
- Lease Contracts
- Feasibility Studies
- Project Submission to Regulator
- Connection to Grid
- Establishment License
- Local Legal Entities
- Exploitation License
- Ready to Build
CONSTRUCTION & COMISSIONING
- Control Works in Progress
- Bureaucracy for Grid Connection
- Grid Connection
- Provisional Acceptance
- Certificate (PAC)
- Between the PAC and the FAC (Final Acceptance Certificate) there is a period of 2 years where a Warranty Bond exists
- During these 2 years, Martifer Solar is responsible for the operations and maintenance of the PV plant
- The O&M contract can continue throughout the PV plant life with preventive and corrective maintenance, via our dedicated O&M; Service division
ABILITY TO ADAPT
MARTIFER SOLAR is continuously moving forward to adapt to its clients’ requirements, considering the international market’s trends.
We are ready to provide the most suitable PV project, adapting the solutions to:
- Project features;
- Investment capacity;
- Performance needs.
500MW of PV energy installed all over the world.
Martifer Solar adapts to each client´s needs worldwide with total reliability. We strive to be on the forefront of the solar energy sector, combining the technical flexibility of our solutions with the advanced skills of our people. Our credibility is proven by:
- Satisfied customers;
- Solid track-record of international achievements;
- Plants’ performance;
- Cutting-Edge Engineering;
- Superior time-to-power.
Our key priority is to maximize the value of our
The year 2013 presented several challenges at PV industry such as the continued trends of decreased margins jointly with price volatility and consolidation of mature markets.
In this context, MARTIFER SOLAR accomplished strong revenue performance, posting the 2ndhighest revenues in its history (=274.7 M€). This accomplishment is due to the significant achievements in terms of track-record, where 208 MW was added to the company’s total capacity across the globe.
However, 2013 was also a year to learn, addressing some improvement areas: the U.S. EPC subsidiary of MARTIFER SOLAR filed for Chapter 11 restructuring very early in 2014, which has imposed additional impairments on the company.
The efforts in the United States subsidiary have been an additional investment for the corporation and without these specific country issues, 2013 would have presented the best profits ever of MARTIFER SOLAR.
Therefore, the Board of Martifer Solar took significant measures to improve the financial standings in the current year, via the following actions:
- Fully restructure the U.S. EPC subsidiary;
- Reduction of Net Debt; 30% of debt had already decreased in 2013;
- Non-core assets to be sold from the balance sheet.
The backlog of 270 M€ of PV projects enables the clear path set for 2014. It regards streamlining the consolidation efforts, so MARTIFER SOLAR can become a world-class Developer and O&M; provider, determined to drive down LCoE of Solar Energy, committed to provide outstanding price-performance PV business plans that maximizes the value of our Client’s investments while risks are mitigated.
The Company’s growth trend is unparalleled among solar companies in the PV industry; with a total installed capacity of 100MW in the end of 2010, Martifer Solar concludes Q1’14 with a total output of 560 MW, across 4 continents with more than 500 installations.
Achieve 2GW of installed solutions to generate electrical power by 2018.
One step ahead in the development of innovative and competitive solutions for the production and management of electrical power.
||– Ethics and Social Responsibility
At Martifer Solar, we believe in serving our communities via corporate citizenship, promoting a sustainable attitude, integration and education.
Member of PV Cycle, a non-for-profit association that manages a fully operational collection and recycling scheme for end-of-life photovoltaic modules throughout Europe.
In cooperation with APCDI, an association located close to the Martifer Group´s Headquarters, we help the integration in the labor market of people with some disabilities.
Recently, at East Timor via a local school program led by Karingana Association, our Company helped with the electrification of its infrastructures, spreading the Pure Energy to the East Timor children.