Arctech Showcases Stellar Solar Tracker Products at REI Expo 2023

DEEPLY CULTIVATE THE INDIA MARKET FOR 7 YEARS DEEPLY CULTIVATE THEINDIAMARKET FOR 7 YEARS The company's journey inIndiabegan in 2015, and it completed remarkable accomplishments, most notably the successful completion of numerous Giga projects. Notable among these were the awe-inspiring 1.7GW project in 2020 and the monumental 2.8GW project in 2022. According to 2022 India PV Tracker Market Shares from Wood Mackenzie, Arctech firmly ranks among the Top 3 in theIndiamarket...

NEW DELHI, 08/10/2023 (informazione.it - comunicati stampa - ambiente)

DEEPLY CULTIVATE THE INDIA MARKET FOR 7 YEARS

The company's journey in India began in 2015, and it completed remarkable accomplishments, most notably the successful completion of numerous Giga projects. Notable among these were the awe-inspiring 1.7GW project in 2020 and the monumental 2.8GW project in 2022. According to 2022 India PV Tracker Market Shares from Wood Mackenzie, Arctech firmly ranks among the Top 3 in the India market.

"Arctech has been illuminating India for the past seven remarkable years, driven by a vision to harness the power of the sun and provide innovative solutions that contribute to a greener and cleaner India," said Gail Chen, CEO of Arctech India and Jash Energy. "Over the years, we have witnessed the remarkable growth and transformation of the solar energy industry in India, and Arctech has been at the forefront of this revolution. In this year's REI, Arctech once again showcased its advanced solar tracking technology – SkyLine II, attracting lots of visitors, clients, and friends. REI also provides us with a good opportunity to engage with clients, friends, partners, and industry players, we expect to see you again next year!"

REALIZING LOCALIZED PRODUCTION IN INDIA

Arctech's unwavering commitment to localized production in India was showcased through the operational excellence of its joint venture factory, Jash Energy, which, since its inception in August 2022, has boasted an astounding annual capacity of 3GW. Gail also placed particular emphasis on the company's unwavering customer-centric approach, which has been instrumental in driving increased energy generation, facilitating a substantial reduction in carbon emissions, and fostering job creation throughout India. Arctech's cutting-edge solar tracking solutions have played an instrumental role in spearheading the nation's transition towards widespread adoption of clean and sustainable energy. In response to the dynamic changes within policy frameworks, Arctech proactively established a joint venture factory exclusively dedicated to solar trackers within India, aligning seamlessly with the production-linked incentive scheme (PLI).

Arctech Showcases Stellar Solar Tracker Products at REI Expo 2023

ABOUT ARCTECH

Arctech (SSE-STAR: 688408) is a leading manufacturer and supplier of intelligent solar trackers, fixed-tilt structures and BIPV systems for utility-scale and commercial solar PV projects worldwide. As of June 2023, Arctech has supplied over 55GW of tracking and racking systems to nearly 1,500 PV plants in 40 countries, thanks to its extensive marketing networks with offices in China, Japan, India, the U.S., Spain, Australia, UAE, Mexico, Chile, Brazil, Vietnam, Colombia and Argentina.