Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, April 17 2019 - 15:18
AsiaNet
Arctech Solar Maintains Top 4 Position with Increasing Global PV Market Share in 2018
SHANGHAI, April 17, 2019 /PRNewswire-AsiaNet/ --

Arctech Solar, a leading solar tracking and racking system provider, has been 
ranked No. 1 in the Asia Pacific region and fourth in the global PV market 
shares among solar PV tracker suppliers in 2018, according to the Global Solar 
PV Tracker Market Shares and Shipment Trends Report 2019, released by Wood 
Mackenzie Power & Renewables.

Topping the rankings for the third consecutive year, the report revealed that 
Arctech Solar captured 9% of the global PV tracker market by megawatts shipped 
in 2018, growing steadily from 6% in 2017. Besides, Arctech Solar doubled its 
historical global solar PV tracker shipments compared to last year's. 

Photo - https://photos.prnasia.com/prnh/20190417/2437512-1
Source:Global solar PV tracker market shares and shipment trends 2019, Wood 
Mackenzie Power & Renewables

In addition to its leadership in Asia-Pacific, Arctech Solar has made 
significant breakthrough in the other regions, for example, ranking third in 
Australia for the first time. It is also amongst the top 10 vendors in Mexico, 
Brazil, Spain, Latin America and Europe. Much of the achievements are due to 
Arctech Solar's market expanding strategy in these fast-growing solar markets 
in 2018.

"These results mark a major milestone for Arctech and proven our 
competitiveness in the PV tracker market," said Mr. Guy Rong, President of 
Arctech Solar's international business. "We are honored to be recognized as one 
of the market leaders for the third consecutive year, and believe this 
reaffirms our global strategy and ongoing commitment to innovation and service."

Arctech Solar also maintained its lead on the historical total solar PV 
shipments list (including fixed and tracking shipments) for the third year 
running with a cumulative record of 18.827GW.

This impressive growth comes as a result of the company's internationalization 
strategy and its dedication to innovation, execution, and customer service. 
Launching their global approach in 2013, Arctech Solar's reach now spans four 
continents, and the company's expertise and familiarity with local standards of 
more than 20 countries enables it to provide customized solutions.

As well as expanding its international footprint, Arctech Solar continues to 
develop breakthrough technologies, including the Skyline new torque tube and 
the world-leading SkySmart tracking system. These innovations offer higher 
energy efficiency, reduced installation and maintenance costs, while being 
reliable and compliant with global certification standards. Specifically, these 
two tracking systems went through the wind tunnel tests while considering the 
vortex shedding effect, such as dynamic and aeroelastic instability analysis. 
Thus, it can help Arctech Solar to safeguard the quality of the tracker system 
and provide a stable base as a reliable partner for global investors.

Arctech plans to showcase its main products at tradeshows around the world in 
2019 and beyond as part of its continued mission to bring clean energy to the 
world.

About Arctech Solar

Arctech Solar is one of the world's leading manufacturers and solution 
providers of solar tracking and racking systems. In the past decade, Arctech 
Solar has successfully set up overseas subsidiaries/service centers in the US, 
India, Japan, Spain, Mexico and Australia. As of the end of 2018, we have 
cumulatively installed 19GW capacity and completed 900 projects in 24 
countries. Now, Arctech Solar is a reliable partner in the global PV tracking 
and racking industry. For more information, please visit www.arctechsolar.com.  

For media enquiries, please contact:

Lisa Zhou
Telephone: +86-18918888669
Email Address: lisa.zhou@arctechsolar.com

Source: Arctech Solar

Image Attachments Links:

   Link: https://iop.asianetnews.net/view-attachment?attach-id=334292

   Caption: Source:Global solar PV tracker market shares and shipment trends 
2019, Wood Mackenzie Power & Renewables

Attachments
1.jpg