Arctech Crosses 6.2 GW Solar Tracker Installations in India
By Rediff Money Desk, NEWDELHI Nov 06, 2023 19:05
China-based Arctech has installed over 6.2 GW of solar trackers in India, including major projects in 2022. Learn about the company's growth and its joint venture in India.
![Arctech Crosses 6.2 GW Solar Tracker Installations in India](https://im.rediff.com/news/2018/mar/11solar1.jpg)
New Delhi, Nov 6 (PTI) China-based Arctech on Monday announced it has crossed 6.2 GW mark in installation of solar trackers in India.
Arctech manufactures solar trackers in India through its joint venture Jash Energy, the entity said in a statement.
"Arctech surpasses 6.2 GW of solar tracker installation in India. Arctech entered into the local market in 2015," the statement said.
A solar tracker is a device installed in a solar panel which moves as the sun moves across the sky.
Key orders include a 1.7 GW project and another 2.8 GW project in 2022.
Located at Mundra in Gujarat, Jash Energy has an annual capacity of 3 GW. The factory has achieved self-sufficiency by locally sourcing steel for manufacturing all key components of Arctech's solar trackers.
Arctech manufactures solar trackers in India through its joint venture Jash Energy, the entity said in a statement.
"Arctech surpasses 6.2 GW of solar tracker installation in India. Arctech entered into the local market in 2015," the statement said.
A solar tracker is a device installed in a solar panel which moves as the sun moves across the sky.
Key orders include a 1.7 GW project and another 2.8 GW project in 2022.
Located at Mundra in Gujarat, Jash Energy has an annual capacity of 3 GW. The factory has achieved self-sufficiency by locally sourcing steel for manufacturing all key components of Arctech's solar trackers.
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.
You May Like To Read
TODAY'S MOST TRADED COMPANIES
- Company Name
- Price
- Volume
- GTL Infrastructure
- 2.93 ( -4.87)
- 226206286
- IFL Enterprises
- 1.30 (+ 4.84)
- 81461564
- Vodafone Idea L
- 16.79 (+ 0.66)
- 67447398
- NCL Research
- 0.95 ( -4.04)
- 31996628
- Franklin Industries
- 3.73 (+ 3.32)
- 21511209
MORE NEWS
![Sebi Proposes...](https://im.rediff.com/80-80/money/2024/may/25sebi2.jpg)
Sebi Proposes Summary Proceedings for...
Sebi proposes summary proceedings for intermediaries to expedite violations of...
![Kochi Water Metro...](https://im.rediff.com/80-80/money/2015/jul/01metro1.jpg)
Kochi Water Metro Model: Replicable in Kolkata,...
Kochi Water Metro's success paves the way for similar projects in Kolkata, Mumbai,...
![Motilal Oswal MF...](https://im.rediff.com/80-80/money/2023/feb/19zomato1.jpg)
Motilal Oswal MF Sells Zomato Shares for Rs 646...
Motilal Oswal Mutual Fund has sold its stake in Zomato for Rs 646 crore through an open...