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AXIAL closes Q1 2024 with sales of over 120 million euros

  • The company has closed contracts worth more than 120 million euros in the first three months of the year

  • José Luis Fayos, CEO of the company, presents the first balance of the year highlighting that “the results obtained are proof of the confidence that our customers have placed in us and in the quality of our products”


Axial, a benchmark in the design and manufacture of solar trackers and ground mounting systems, for Utility Scale photovoltaic projects, ended the first quarter of 2024 with sales of more than 120 million euros. A figure that exceeds the gigawatt supplied by its solar trackers and certifies the company’s leadership in the international photovoltaic market.

This was announced by José Luis Fayos, CEO of the company, during the presentation of results, noting that “in 2023 we managed to exceed all our objectives, both in terms of revenues and projects completed and power supplied. And at the start of 2024 we are maintaining the same upward trend. Our customers trust in the quality and safety of our products and in our solvency as a company, and this has enabled us to obtain very solid results”.


In this regard, he stressed that “since the birth of the company, we have worked to offer pioneering technological solutions to our customers, always one step ahead of our competitors and focused on product safety”. The company highlights the work of the entire Axial team, made up of highly qualified professionals, which has allowed them to be a benchmark in the sector with a constant path of growth and recognition by the industry as one of the world leaders in the manufacture, supply and operation of trackers and structural systems for utility-scale photovoltaic projects around the world.

International benchmark

Its extensive experience, combined with an eminently innovative character, has placed Axial among the leading companies in the international photovoltaic sector. It is currently a leader in the different European and Latin American markets with a solid presence throughout the world.

The company is approaching a thousand projects in more than forty countries. Its role in Europe is indisputable, where the company has closed the supply of its solutions in reference projects, such as the largest photovoltaic plant built to date in the United Kingdom, or the signing of large-scale projects in Spain, Italy, France and Ireland.

Axial is also a benchmark in the Brazilian market. Axial Brazil is already one of the leading tracker manufacturers in the country, with a complete business structure, both in commercial, engineering and industrial terms. This responds to the need to have a permanent presence in the region given its powerful market and to continue to strengthen its presence as the main tracker supplier.

New launches

Continuing with its commitment to technological innovation, the beginning of 2024 has also been marked by a new step in the updating of the entire Axial product line and the market launch of its new SlopeSync solar tracker, which will allow high adaptability to complex terrain.

This product, as well as the rest of the company’s new products, will be officially presented during the next edition of Intersolar Europe, which will take place from 19 to 21 June in Munich (Germany).


In recent years, Axial has established itself as an international benchmark in the design and manufacture of solar trackers for photovoltaic installations. One of its main hallmarks is its commitment to innovation and technological development, which enables it to make great advances in the design and manufacture of highly safe solar trackers.

Axial is present in all phases of the projects: from their initial design to their execution. Its mission is to achieve excellence and customer satisfaction through the customisation of its products and services.

For further information, please contact:

Axial Communication Department