buybestinclassgoodwesolarinvertersandwinexcitingprizes

    Arctech in India: Think Globally, Act Locally

    0
    1273

    Reading Time: 3 minutes

    “India is like the second home base for Arctech,” said Gail Chen, the General Manager of East Asia and India at Arctech. The team is celebrating its fifth anniversary and its success of being the top Solar Tracker Supplier regarding cumulative shipments in India as of June 2021, reported by The Market Share Leaderboard of Mercom.

    pixon

    India is under the spotlight as one of the largest and most ambitious renewable capacity expansion programs in the world. In 2019 at UN Climate Summit, the country announced that it will be more than doubling its renewable energy target from 175GW to 450GW by 2022.

    The company built its India office 5 years ago as it anticipated an immense growth in solar development in the country. Now the team of 30 has provided engineering and manufacturing support for Arctech’s local operation, with a possibility of supporting the global supply chain, as an extension of the manufacturing bases in China. To deepen its localization strategy, the company also intends to source materials for its tracking systems from within India in the foreseeable future.

    Also Read  Servotech Bags 4.1 MW Key Solar Rooftop Project from UPNEDA

    Leveraging the rich experience in international projects and the solid local market knowledge, the Arctech Indian team members are capable to provide a white-glove solution from project solution customizing, installation and debugging to after sales service.

    The company had its first Indian project in 2015. The delivery of its 420MW solar structure to Tamil Nadu, India, the 780MW DC project marked the company’s first success in the country. It was followed by the 172 MWp Solar Power Plant in the state of Telangana, India. Now Arctech has developed a solid customer base with International well-acclaimed partners including Renew Power, O2 Power, NTPC, Ayana, L&T, SWL, Vikram among others.

    Last year, despite the pandemic disruption in India, Arctech struck a deal with one leading Indian developer to supply 1.7 GW of 1P SkyLine trackers to two projects in Rajasthan. In particular, the 860MW AEML solar power plant is the largest bifacial tracker power generation project in India.

    Also Read  The Plant Features FIMER PVS980 1MW Central Inverter And A PVS980-BC 2MW Energy Storage Inverter

    Wood Mackenzie’s new report shows that Arctech maintained strong momentum in India 2020. According to the report, Arctech topped the ranking in the Asian Pacific region with a 35% market share, aided by the unparalleled leadership in the Indian solar market. The company maintained the position as the number 1 tracker supplier in the region for three consecutive years.

    As the company launched SkyLine II, the latest offering of the famous “Sky series” tracker, the team is geared up to unleash the potential of the untapped market.

    “The Indian government had an initial target of 20 GW solar capacity for 2022, which was achieved four years ahead of schedule, so we are pretty much catching the wave here. The Indian solar market landscape is gradually shifting from purely price-orientated to LCOE-focused. The market sentiment is becoming increasingly rational and that’s a good thing for us who have been dedicated to introduce the most advanced mounted structure solution to this market for years. We will continuously be enhancing our presence and help expediting the energy transformation for this nation.” Remarked by Gail.

    Also Read  Arabian Cement Company Amends Its 2019 Contract With Amarenco SolarizEgypt To Set Up A Solar Photovoltaic Plant At Its Suez Facility

    Leave a Reply

    This site uses Akismet to reduce spam. Learn how your comment data is processed.