China-based Arctech, a global leader in solar tracking and racking solutions, has achieved a remarkable 131% annual growth rate, according to Wood Mackenzie’s 2024 report. As per Arctech, this growth is driven by strategic globalization and localization, including manufacturing facilities in India with 3 GW capacity and the Middle East. Arctech dominates the Indian market with a 45% share, holds a significant 21% market share in the Middle East, along with a 36% market share in the APAC region. Arctech has generated 21.1 GWh of solar power and surpassed 68 GW in total installations. The company boasts a backlog worth RMB 6.669 billion for 2024 and a 183.11% increase in tracking system orders, solidifying its position as a leading player in the solar industry.
Arctech ranks among top five solar tracker suppliers globally
Arctech’s 2024 backlog reaches RMB 6.669 billion, driven by a 183.11% increase in tracking system orders. (Image Credit: Arctech)
Delft University researchers propose integrating inductors into PV modules to improve shade tolerance using MPPT. (Image Source: ScienceDirect)
Fraunhofer’s MaNiTU project developed perovskite-silicon tandem solar cells with 31.6% efficiency using scalable production methods. (Image Source: Fraunhofer ISE)
Through advanced passivation techniques, JA Solar’s Bycium+ cell has achieved a record-breaking open-circuit voltage of 748.6 mV. (Image Source: JA Solar)
To tackle challenges and advance AI-driven maintenance for a net-zero solar future, as revealed by Fluke’s survey. (Image Credit/Source: PublicDomainPictures/Pixabay)