The solar tracker supplier is benefiting from a steadily growing PV market and has inked a deal with ABN AMRO Energy Transition Funds for new capital to expand its operations.
It is not just the big beasts of Chinese solar that are investing in aggressive expansion as high-efficiency wafer maker NorSun and tracker supplier GameChange Solar make big announcements. The New York company, however, may fall foul of President Trump’s America First trade mantra by opening production lines in the Far East.
Boasting 195 MW of bifacial-and-tracking capacity, Scatec Solar is halfway to its planned 400 MW target for the technology combination at the 1.8 GW Benban park. The remainder is likely to come online this year.
Tracker and mounting structure supplier Arctech Solar recently presented its new products at Intersolar Europe in Munich. pv magazine dropped by the its display on the trade show floor to talk to the company’s executives about bifacial technology and tracking systems.
With clean energy being generated at lower and lower prices around the world, solar power is playing a leading role in bringing the curtain down on coal, and will help the decarbonization of transport and space heating too.
While the lifting of any tariffs is welcome news to the U.S. solar industry, manufacturers say low materials prices are unlikely to return as long as protectionist measures elsewhere remain in place.
The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.