Antaisolar has announced the signing of over 1 GW in tracker supply contracts during the 17th SNEC Exhibition.
The agreements involve notable companies including Larsen & Toubro Limited (L&T), SCG Living and Housing Solution (SCG), Cinco Power Solution (CINCO), and MATGROW Renewables.
The largest agreement is a 294 MW tracker contract with Indian multinational conglomerate L&T. This collaboration aims to support renewable energy projects in India, with Antaisolar providing its TAI-Simple intelligent tracking systems.
Antaisolar also entered a 200 MW project agreement with MATGROW Renewables, specializing in solar PV system design, installation, and maintenance. This partnership is expected to contribute to renewable energy solutions in India.
Additionally, Antaisolar signed distribution agreements with SCG and CINCO. SCG, one of Thailand’s leading independent power producers, will use this partnership to enhance its solar solutions. CINCO, an EPC company in Southeast Asia, has a long-term relationship with Antaisolar, and this new agreement aims to support the region’s renewable energy market further.
At SNEC 2024, Antaisolar also released its “Solar Tracking System 3.0 One-stop Solution White Paper,” outlining innovations in project financing, design, delivery, construction, and maintenance, with a focus on low-carbon practices.
Antaisolar has shipped 33.2 GW of PV mounting systems by the end of 2023.