Latest news with #Arctech
Cision Canada
a day ago
- Business
- Cision Canada
Arctech Brazil obtains FINAME certification, boosting its expansion in Latin America
SíO PAULO, July 11, 2025 /CNW/ -- Arctech, a global leader in solar tracker and smart structure solutions, announces that its Brazilian subsidiary has been officially approved under the FINAME program, managed by the National Bank for Economic and Social Development (BNDES). This certification marks a decisive step for Arctech's positioning in Brazil, consolidating its strategic presence throughout Latin America. The FINAME endorsement allows Arctech's 1P solar tracker to be financed under highly competitive conditions in the Brazilian market. This access not only drives the development of local projects but also strengthens Arctech's regional supply chain and market reach. Equipped with advanced smart backtracking and control algorithms, Arctech's 1P solar trackers can be deployed on challenging terrains and adapted to meet complex structural requirements. This enables project optimization both in design and cost. Arctech has been committed to delivering high-efficiency tracker-centric solutions since entering the LATAM market. With FINAME certification, it further strengthens Arctech's value proposition for developers in Brazil, Mexico, Chile, Argentina, Peru and Central America, making it easier to access competitive financing to drive new solar projects. "Obtaining FINAME is a key milestone for our expansion strategy in Brazil and LATAM, recognizing our local industrial commitment. Also, it creates new opportunities throughout the region." said Alejandro Silva Zamora – Director of LATAM South & Brazil. The local supply chain not only ensures reliability for customers but also serves as a critical factor in FINAME's assessment process. With operations across Latin America, Arctech has demonstrated its local adaptability and technological leadership. This new chapter in Brazil, backed by FINAME, underscored the industrial localization efforts that Arctech has made in Brazil and enhanced its value proposition for projects that demand high performance, reliability, and local technical support. Arctech is a global provider of smart solar solutions with more than 60 GW delivered across over 40 countries. Its portfolio includes trackers, solar structures, and BIPV systems. In Latin America, Arctech positions itself as a strategic partner in the energy transformation, driven by innovation, efficiency, and a strong commitment to regional development, with more than 60 professionals distributed throughout LATAM. In the future, Arctech will still actively boost its expansion across the region and help with the government's goals to strengthen supply chain and promote sustainable energy.
Zawya
11-06-2025
- Business
- Zawya
GameChange Solar to supply 450MWp solar trackers for green hydrogen project in Oman
US-based solar tracker manufacturer GameChange Solar announced on Wednesday that it has signed an agreement with ACME Greentech Ventures to supply its Genius Tracker 1P Single Row system for a 450 megawatt-peak (MWp) solar PV power plant in Duqm, Oman. The plant will provide clean power to ACME's upcoming green hydrogen and ammonia production facility in Duqm, which is being developed in phases over a 92-square-kilometre site, according to a GameChange Solar press statement. Phase 1 of the project, currently under construction, is expected to produce 100,000 tonnes of green ammonia annually. Future phases aim to generate 71,000 tonnes of green hydrogen and 400,000 tonnes of green ammonia per year, with full development targeting a total output of 0.9 million tonnes of green ammonia annually. The tracker deal follows a similar agreement ACME signed last month with Chinese firm Arctech to supply trackers for a 175MWp solar PV project. (Writing by Deva Palanisamy; Editing by Anoop Menon) (
Yahoo
11-06-2025
- Business
- Yahoo
Another Milestone: Arctech Ranks World's No. 2 in Solar Tracker Market
KUNSHAN, China, June 10, 2025 /PRNewswire/ -- Recently, Wood Mackenzie, a world-renowned energy research firm, released its 2025 Global Solar PV Tracker Market Share Report. Arctech surged to the second position globally with a 16% market share, while also claiming the top spot in key markets such as India, the Middle East, and Asia-Pacific, demonstrating strong global competitiveness. 01 Industry-Leading Growth With an astonishing 113% year-on-year growth rate, Arctech became the only top-10 manufacturer to exceed 100% y-o-y growth, far exceeding the industry average. 02 Dominance Across Multiple Regional Markets Notably, Arctech has established leadership in several key markets: Middle East: Topped the market again, becoming the region's most preferred tracker supplier. India & Asia-Pacific: Maintained the No.1 position for two consecutive years, further solidifying market dominance. Europe, Saudi Arabia & Emerging Markets: Steadily growing market share, reflecting the success of our global expansion strategy. In 2024, Arctech's global tracker shipments reached 17.41 GW, supported by a robust production-sales-service network spanning three continents—including 4 service centers、six producing bases and 17 branches—delivering end-to-end services from design to O&M for global customers. 03 "Tracker+" Strategy Opens a New Chapter in Globalization With new producing bases in Saudi Arabia and Brazil, along with a European logistics hub, Arctech has built a globally integrated supply chain. Its differentiated competitive edge has secured multiple GW-level projects in India, the UAE, Argentina, and beyond, validating its innovative R&D and localized operations. SNEC 2025: A Grand Showcase Ahead From June 11th–13th, Arctech will unveil its full suite of "Tracker+" and "Green Power+" solutions at SNEC (Booth: 3H-A110), showcasing smart energy solutions for complex scenarios and driving the global energy transition forward. View original content to download multimedia: SOURCE Arctech Solar Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
11-06-2025
- Business
- Cision Canada
Another Milestone: Arctech Ranks World's No. 2 in Solar Tracker Market
KUNSHAN, China, June 10, 2025 /CNW/ -- Recently, Wood Mackenzie, a world-renowned energy research firm, released its 2025 Global Solar PV Tracker Market Share Report. Arctech surged to the second position globally with a 16% market share, while also claiming the top spot in key markets such as India, the Middle East, and Asia-Pacific, demonstrating strong global competitiveness. 01 Industry-Leading Growth With an astonishing 113% year-on-year growth rate, Arctech became the only top-10 manufacturer to exceed 100% y-o-y growth, far exceeding the industry average. 02 Dominance Across Multiple Regional Markets Notably, Arctech has established leadership in several key markets: Middle East: Topped the market again, becoming the region's most preferred tracker supplier. India & Asia-Pacific: Maintained the No.1 position for two consecutive years, further solidifying market dominance. Europe, Saudi Arabia & Emerging Markets: Steadily growing market share, reflecting the success of our global expansion strategy. In 2024, Arctech's global tracker shipments reached 17.41 GW, supported by a robust production-sales-service network spanning three continents—including 4 service centers、six producing bases and 17 branches—delivering end-to-end services from design to O&M for global customers. 03 " Tracker+" Strategy Opens a New Chapter in Globalization With new producing bases in Saudi Arabia and Brazil, along with a European logistics hub, Arctech has built a globally integrated supply chain. Its differentiated competitive edge has secured multiple GW-level projects in India, the UAE, Argentina, and beyond, validating its innovative R&D and localized operations. SNEC 2025: A Grand Showcase Ahead From June 11th–13th, Arctech will unveil its full suite of " Tracker+" and " Green Power+" solutions at SNEC (Booth: 3H-A110), showcasing smart energy solutions for complex scenarios and driving the global energy transition forward.
Cision Canada
03-06-2025
- Business
- Cision Canada
Arctech celebrates five years of growth in Argentina and reinforces its commitment to the Southern Cone and LATAM
KUNSHAN, China, June 2, 2025 /CNW/ -- Arctech, a global leader in solar structure and tracker solutions with smart renewable energy technologies, is celebrating its fifth anniversary in Argentina, highlighting a trajectory defined by innovation, local commitment, and a regional development vision for the Southern Cone. At a special event held with clients, strategic partners, and members of the regional team, Arctech commemorated this milestone as an opportunity to reflect on the achievements and challenges overcome during five years of operations in the country. It was also a space to share the company's growth objectives as it continues consolidating its presence across Latin America. "This anniversary is a recognition of the joint work carried out with our clients, strategic partners, and the Arctech LATAM South team. Every step we've taken has been possible thanks to their trust and collaboration. We look to the future with excitement, knowing that the future of solar energy in LATAM is built on cooperation, technology, and commitment," said Alejandro Silva Zamora, Director LATAM South & Brazil. Since arriving in Argentina, Arctech has participated in some of the country's most prominent solar projects. With a presence across several provinces, the company has provided cutting-edge technology in developments such as Guañizuil II (117 MW), La Rioja Solar (35 MW), Anchipurac (23 MW), Ullum (25 MW), La Cumbre (15.6 MW), and Tucumán Solar (6 MW), among others. These projects reflect the technical and operational efforts of a committed regional team and a technology offering that stands out for its adaptability, efficiency, and reliability factors that position Arctech above other solutions in the market. Five years after its arrival in the country, Arctech reaffirms its commitment to delivering a reliable experience supported by local talent and technical service. The company also seeks to continue expanding long-term relationships that enable sustainable projects with regional impact. About Arctech Arctech is a global provider of intelligent solar solutions with over 91 GW delivered in more than 40 countries. Its portfolio includes solar trackers, fixed structures, PV cleaning robots, and energy storage systems. In Latin America, the company has a strong presence and a team of over 60 professionals, positioning itself as a strategic partner in the region's energy transformation.
