Arctech 4th World Solar Tracker in 2020

Arctech takes 4th place in the world rankings for photovoltaic tracker market share in 2020.|Arctech takes 4th place in the world rankings for photovoltaic tracker market share in 2020.

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Arctech ranks 4th in the global photovoltaic tracker market in 2020.
Wood Mackenzie’s report estimates the Chinese company’s market share at 8%.

Arctech in the photovoltaic panel race in Asia

With over a third of the Asian market share, Arctech is undaunted in its race for global leadership.
Recently, for example, the company signed a contract with Indian developers.
It will supply 1.7 GW of trackers for two projects in Rajasthan, including the 860 MW AEML solar power plant.

An undisputed Chinese leader

Despite strong competition in China, the company dominates with a 46% share of the country’s solar tracker market.
For example, Arctech supplied SkyLine to the world’s largest photovoltaic power plant in Qingha province.
Unlike its competitors, Arctech does not delegate, and manages design and development as well as manufacturing.
A considerable advantage.

Arctech exports to the Middle East and Latin America

Arctech’s market share in the Middle East rose from 25% in 2019 to 33% in 2020.
That year, the company supplied 575 MW of SkyLine trackers to Oman’s largest solar park.
Arctech is also the 3rd largest supplier of trackers in Mexico since 2020.
The trajectory that is taking shape bodes well for the company, which has managed to hold on to its 4th position.
The company has developed further with a clear strategy: to establish itself in Asia and expand into other regions of the world.

The company has secured a 108 MW solar project in Sicily, its largest in Italy, following the second national FER X auction, strengthening its portfolio of energy investments in the country.
Independent power producer GreenGo strengthens its portfolio to 193 MW under public schemes, after winning a new 48 MW solar project through the FER X NZIA programme.
Italy awarded over 1.1 gigawatts to 88 solar projects using no Chinese equipment, in a European first, at an average tariff of €66.38/MWh, 17% above previous auctions.
French firm Newheat forms a joint venture with Sunmark Chile to develop large-scale solar thermal heat projects for the mining sector, targeting decarbonisation of copper extraction processes in Chile.
Scatec has begun commercial operation of the second phase of its 120 MW solar project in Mmadinare, marking a strategic step in Botswana’s energy sector.
Origis Energy finalised a $290mn financing with Natixis CIB and Santander for the Swift Air Solar II and III projects, totalling 313 MWdc of installed capacity in Ector County, Texas.
ACWA Power and Bapco Energies signed a joint development agreement for a solar power plant integrated with storage technology in eastern Saudi Arabia, to supply electricity to Bahrain.
The Tilley Solar project, led by Indigenous and private partners, has reached full commissioning, adding 23.6 MW to Alberta's power grid and marking an economic milestone for Alexander First Nation.
Waaree Solar Americas will supply next-generation bifacial modules to Sabancı Renewables for two utility-scale solar plants in Texas, strengthening its presence in the North American market.
A court in Illinois has dismissed a lawsuit filed against ECA Solar, removing legal barriers to the construction of a planned solar facility outside the city limits of Morris.
EDF power solutions acquires a 20% stake in Obelisk, a 1.1GW hybrid solar and storage project in Egypt led by Scatec and Norfund, marking a new milestone in its regional strategy.
Canadian company NU E Power plans to fund the development of its solar projects in Lethbridge and feasibility studies in Mongolia, Malaysia, and Africa through a $1.8mn private placement.
Citicore Renewable Energy Corporation signed a PHP3.975bn ($71mn) project finance loan with Bank of the Philippine Islands to accelerate the completion of its 113MW solar power plant in Pangasinan province.
Norwegian producer Scatec launches commercial operation of its 273 MW solar plant in Western Cape under a 20-year power purchase agreement.
Scatec has signed two shareholder agreements for its 1.1GW hybrid project in Egypt, reducing its economic interest while retaining operational control.
The French subsidiary of Solarwatt has filed for court-ordered restructuring, hit by reduced public subsidies and a downturn in the residential solar segment.
Zelestra sells its Latin American platform to Promigas, including 1.4 GW of operational or under-construction assets and 2.1 GW of advanced-stage projects in Chile, Peru and Colombia.
Over 140 solar sector companies have urged Congress to lift a directive from the Department of the Interior blocking permit approvals, putting hundreds of energy projects in the United States at risk.
Un terminal portuaire en Espagne alliera réfrigération industrielle haute performance et production solaire pour optimiser les coûts énergétiques et les capacités logistiques de PTP Ibérica, avec un démarrage prévu d’ici mi-2026.
Toshiba’s subsidiary commits to acquiring non-fossil certificates from a floating solar power plant operated by OTS in Japan, under a virtual power purchase agreement coordinated by Digital Grid.

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