Changzhou, China, January 13, 2025 /PRNewswire/ — Arctech, a leading global provider of solar tracking and racking solutions, announced that it has signed a supply agreement with… Norinco Internationalpart of North China Industries Corporation. Under this agreement, Arctech will supply the 1P SkyLine II single-axis solar tracking system for a 125 MW solar project located near Stolac, Bosnia and Herzegovina (Bosnia and Herzegovina), marking an important milestone for Arctech in the European solar market.
Bosnia and Herzegovinalocated in Southeastern Europereceives an average annual solar radiation of about 1,500 kWh/m2, providing great potential for the development of utility-scale solar projects. According to International Renewable Energy Agency (Irina), the country is expected to have a PV generation potential of up to 3 GW by 2030. In recent years, the local government has put forward a comprehensive set of policies, with the Energy Framework Strategy for Bosnia and Herzegovina 2035 clearly setting targets for the share of renewable energy in the generation mix National Energy.
Arctech started its local operations in Europe Early in 2013 by establishing a local office in Madrid, Spain. In order to better integrate into the European community, Arctech has since established a service centre, regional headquarters and R&D centre Madrid, Spainin addition to a warehouse in Valencia, Spain. in November 2024The company opened its new European headquarters in Madrid. Currently, Arctic has developed a comprehensive local service system covering the entire life cycle of solar projects, providing solution design, service support, delivery assurance, and operation and maintenance services to efficiently meet local project needs and contribute to the region's energy transition.
With regard to this cooperation, Norinco International He stressed that Arctech not only provides premium and innovative products and technologies, but also boasts a world-leading service and supply chain system. Furthermore, Arctech has a proven track record of experience in several large gigawatt-sized projects around the world, which instills confidence in this partnership.
