Impact on India’s Clean Energy Future”
New Delhi, October 7, 2023 – Arctech Solar, a renowned global provider of solar tracking and racking solutions and a China-listed company, celebrated its 7th Year Anniversary Gala at Jaypee Greens, Greater Noida, marking a decade of remarkable leadership in India’s solar energy sector. This grand event brought together an esteemed gathering of industry leaders, partners, and stakeholders from Sterling and Wilson Renewable Energy, Torrent Power, Hero Future, Aditya Birla Renewables, KEC International Limited, and Clean Max for a day of profound networking, knowledge sharing, and well-deserved recognition.
Pioneering Solar Excellence:
Since its establishment in the Indian market in 2015, Arctech Solar has firmly established its presence, achieving remarkable milestones, and significantly contributing to India’s clean energy objectives. The company’s commitment to quality, innovation, and sustainability has set it apart in the competitive Indian solar industry, driving the adoption of solar energy solutions.
Key Achievements and Contributions:
Arctech Solar has successfully executed Giga projects, including the awe-inspiring 1.7GW project in 2020 and the monumental 2.8GW project in 2022, highlighting its track record in commissioning over 5 gigawatts of solar trackers.
The company differentiates itself through core values centered on service and quality, contributing to increased energy generation, job creation, and advanced technologies in the Indian solar industry.
In August 2022, Arctech Solar established Jash Energy, India’s first joint venture factory, with an annual capacity of 3GW, aligning with the government’s production-linked incentive (PLI) scheme.
Arctech Solar was recognized as India’s largest supplier of solar trackers in 2020, holding a commanding 45% market share in 2021. The company successfully delivered 1.7 GW of advanced 1P SkyLine trackers in Rajasthan despite the challenges posed by the COVID-19 pandemic.
Notable projects include the 860MW AEML solar power plant, India’s largest bifacial+tracker power generation project, showcasing Arctech’s innovative SkyLine solar tracking solution for complex terrains and extreme weather conditions.
Arctech Solar’s commitment to innovation is evident with over 410 patents, including ownership of the world’s first PV company-owned numerical wind tunnel, vital in advancing India’s clean energy goals. Solar trackers with multi-point drive mechanism technology and smart backtracking algorithms maximize energy yield and reduce carbon emissions.
Collaboration and Future Commitment:
Arctech Solar actively collaborates with local partners and stakeholders, supporting renewable projects, creating employment opportunities, and transferring knowledge. The monumental Khavada project, set to become India’s largest solar capacity, represents the company’s future commitment to India’s clean energy growth. Arctech Solar envisions a future where renewable energy thrives globally, focusing on core offerings such as solar tracking, energy storage solutions, and Building Integrated Photovoltaics (BIPV) poised to shape the future of solar technology.
A Testimony to Excellence:
The 7th Year Anniversary Gala served as a testament to Arctech’s unparalleled commitment to innovation, sustainability, and unwavering leadership within the solar industry. Arctech Solar’s influence on India’s solar energy capacity is demonstrated through landmark projects, including the delivery of 1.7GW of SkyLine trackers for the 860MW AEML solar power plant in Rajasthan, the largest bifacial + tracker power generation project in the country. The company’s reputation as a market leader is further solidified by its innovative solutions and cutting-edge wind tunnel testing capabilities.
A Global Footprint:
Arctech’s global presence extends through the establishment of 14 service centers and branches worldwide, positioning the company as a key player in the renewable energy sector. With a steadfast focus on solar tracking and racking systems, building-integrated photovoltaics (BIPV), and energy storage solutions, Arctech is actively shaping the future of solar technology, both in India and on a global scale.