{"id":16742,"date":"2025-01-14T13:37:38","date_gmt":"2025-01-14T06:37:38","guid":{"rendered":"https:\/\/thaipropertynews.com\/feeds\/?p=16742"},"modified":"2025-01-14T13:37:38","modified_gmt":"2025-01-14T06:37:38","slug":"arctech-wins-a-125mw-solar-project-in-bosnia-and-herzegovina-making-strides-in-the-european-market","status":"publish","type":"post","link":"https:\/\/thaipropertynews.com\/feeds\/?p=16742","title":{"rendered":"Arctech Wins a 125MW Solar Project in Bosnia and Herzegovina, Making Strides in the European Market"},"content":{"rendered":"

CHANGZHOU, China<\/span><\/span>, Jan. 14, 2025<\/span><\/span> \/PRNewswire\/ — Arctech, the world’s leading solar tracking and racking solutions provider, announced that it had signed a supply agreement with NORINCO International, part of China North Industries Corporation. Under this agreement, Arctech will supply its signature 1P single-axis solar tracking system SkyLine II for a 125 MW solar project located near Stolac, Bosnia and Herzegovina<\/span> (BiH), marking a significant milestone for Arctech in the European solar market.<\/p>\n

\n

\"The <\/a>
The Signing Ceremony of the 125 MW Solar Project in Bosnia and Herzegovina<\/span><\/p>\n<\/div>\n

Bosnia and Herzegovina<\/span>, situated in Southeastern Europe<\/span>, receives an average annual solar radiation of approximately 1,500 kWh\/m2, offering substantial potential for the development of utility-scale solar projects. According to the International Renewable Energy Agency (IRENA), the country is projected to have a photovoltaic power generation potential of up to 3 GW by 2030. In recent years, the local government has rolled out a comprehensive suite of policies, with the Bosnia and Herzegovina Energy Framework Strategy 2035 setting clear targets for the share of renewable energy in the national power generation mix.<\/p>\n

Arctech started its local operations in Europe<\/span> as early as 2013 by setting up a local office in Madrid, Spain<\/span>. To better integrate into the European community, Arctech has since established a service center, regional headquarters, and R&D center in Madrid, Spain<\/span>, along with a warehouse in Valencia, Spain<\/span>. In November 2024<\/span>, the company inaugurated its brand-new European headquarters in Madrid<\/span><\/a>. Currently, Arctech has developed a comprehensive local service system that covers the entire lifecycle of solar projects, providing solution design, service support, delivery assurance, and O&M services to efficiently meet local project needs and contribute to the region’s energy transition.<\/p>\n

Regarding this collaboration, NORINCO International emphasized that Arctech not only provides differentiated and innovative products and technologies but also boasts a globally leading service and supply chain system. Moreover, Arctech has an extensive track record of experience in numerous GW-scale large projects across the globe, which instills confidence in this partnership.<\/p>","protected":false},"excerpt":{"rendered":"

<\/p>\n

CHANGZHOU, China<\/span><\/span>, Jan. 14, 2025<\/span><\/span> \/PRNewswire\/ — Arctech, the world’s leading solar tracking and racking solutions provider, announced that it had signed a supply agreement with NORINCO International, part of China North Industries Corporation. Under this agreement, Arctech will supply its signature 1P single-axis solar tracking system SkyLine II for a 125 MW solar project located near Stolac, Bosnia and Herzegovina<\/span> (BiH), marking a significant milestone for Arctech in the European solar market.<\/p>\n

\n

\"The <\/a>
The Signing Ceremony of the 125 MW Solar Project in Bosnia and Herzegovina<\/span><\/p>\n<\/div>\n

Bosnia and Herzegovina<\/span>, situated in Southeastern Europe<\/span>, receives an average annual solar radiation of approximately 1,500 kWh\/m2, offering substantial potential for the development of utility-scale solar projects. According to the International Renewable Energy Agency (IRENA), the country is projected to have a photovoltaic power generation potential of up to 3 GW by 2030. In recent years, the local government has rolled out a comprehensive suite of policies, with the Bosnia and Herzegovina Energy Framework Strategy 2035 setting clear targets for the share of renewable energy in the national power generation mix.<\/p>\n

Arctech started its local operations in Europe<\/span> as early as 2013 by setting up a local office in Madrid, Spain<\/span>. To better integrate into the European community, Arctech has since established a service center, regional headquarters, and R&D center in Madrid, Spain<\/span>, along with a warehouse in Valencia, Spain<\/span>. In November 2024<\/span>, the company inaugurated its brand-new European headquarters in Madrid<\/span><\/a>. Currently, Arctech has developed a comprehensive local service system that covers the entire lifecycle of solar projects, providing solution design, service support, delivery assurance, and O&M services to efficiently meet local project needs and contribute to the region’s energy transition.<\/p>\n

Regarding this collaboration, NORINCO International emphasized that Arctech not only provides differentiated and innovative products and technologies but also boasts a globally leading service and supply chain system. Moreover, Arctech has an extensive track record of experience in numerous GW-scale large projects across the globe, which instills confidence in this partnership.<\/p>\n

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