Solaria has reported a significant uptick in financial performance for the first nine months of 2025, with net profit surging 148% to €142 million. This substantial growth is attributed to robust operating expansion and the connection of new plants. Revenue for the period rose 65% year on year to €259 million, while EBITDA increased 75% to €231 million, positioning the company to surpass its 2025 guidance of €250 million.
The company’s strong performance is driven by the commissioning of additional capacity and reduced financial costs. Solaria is on track to reach 3GW of operational capacity by the end of 2025, with a total of 4.4GW in operation and under construction across its European pipeline. Notable projects include the 710MW Garoña facility, 200MW in Catalonia, 150MW at Peralveche, 45MW at Tucana, and the grid connection of its first hybrid battery in Spain.
Solaria’s financial health remains solid, with net debt standing at €1.316 billion, equivalent to 4.5x EBITDA over the last 12 months. The company continues to generate positive operating cash flow. Additionally, its share buyback programme, approved in July to repurchase up to 10% of its capital, has reached 2.85%.
Chief executive Arturo Díaz-Tejeiro Larrañaga attributed the success to a disciplined strategy focused on increased generation, greater efficiency, and entry into new businesses such as storage and data centers. He stated, “We are reaping the rewards of a disciplined strategy: more generation, greater efficiency, and a decisive entry into new businesses such as storage and data centers.” He added, “Our goal is to consolidate Solaria as the leading energy and digital operator in Europe.”
This news underscores the potential for significant growth in the renewable energy sector, particularly in Europe. Solaria’s success highlights the importance of strategic investment in new technologies and capacity expansion. As the company continues to diversify its portfolio and enhance its operational efficiency, it sets a precedent for other players in the industry. The focus on storage and data centers also points to emerging trends in energy management and digital integration, which could shape the future of the sector. Solaria’s achievements suggest that a balanced approach to growth, combining traditional energy generation with innovative solutions, can yield substantial rewards in a rapidly evolving market.