Tracker manufacturer Arctech Solar said it has secured an order with the largest project developer in Gujarat, India to supply 2.8 GW of Skyline Ⅱ tracking system.
The project is located in the desert area on the India-Pakistan border, an area with abundant solar resources. It is expected to be connected to the grid in the third quarter of 2023.
After completion, it will become the largest single site solar PV power station in India.
In recent years, the Indian solar PV market has developed rapidly to become one of the largest markets in the world.
JMK Research’s report shows that in the first three quarters of 2022, India’s newly installed solar capacity has reached 11.2 GW.
In September, India announced the 2022 National Electricity Plan (NEP22), which has set out an ambitious target to install 132.08 GW of solar PV in the next five years.
Arctech Solar is an active player in the Indian market. According to Wood Mackenzie’s Power & Renewables report, in 2020, Arctech Solar is the number one supplier of tracking system in India. In 2021, the company’s share in the market has reached 45%.
With the signing of the new order, the tracker manufacturer’s total shipment volume of solar trackers in India has reached 7 GW.
With the development of the Indian solar market, the Indian government is trying to reduce the dependence on imports, and has introduced a number of measures to promote domestic manufacturing.
In response, Arctech Solar set up its first joint venture factory in India—Jash Energy. The factory is located in Mundra, Gujarat, with an annual production capacity of 3 GW. It is the first factory in India that specializes in the production of solar trackers.
