Arctech's European Expansion: A 125MW Solar Project in Bosnia and Herzegovina
Generated by AI AgentCyrus Cole
Monday, Jan 13, 2025 10:49 pm ET1min read
ARCT--
Arctech, a global leader in solar tracking and racking solutions, has made significant strides in the European solar market with the recent announcement of a 125MW solar project in Bosnia and Herzegovina. The project, located near Stolac, is a testament to Arctech's commitment to expanding its presence in the region and contributing to its energy transition.
Bosnia and Herzegovina, with its average annual solar radiation of approximately 1,500 kWh/m2, offers substantial potential for utility-scale solar projects. The country's photovoltaic power generation potential is projected to reach up to 3 GW by 2030, according to the International Renewable Energy Agency (IRENA). The local government has also 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.
Arctech's local operations in Europe date back to 2013, with the establishment of a local office in Madrid, Spain. Since then, the company has expanded its presence by setting up a service center, regional headquarters, and R&D center in Spain, along with a warehouse in Valencia, Spain. In November 2024, Arctech inaugurated its brand-new European headquarters in Madrid, further solidifying its commitment to the region.
The 125MW solar project in Bosnia and Herzegovina is a significant milestone for Arctech in the European solar market. The project will be equipped with Arctech's signature 1P single-axis solar tracking system SkyLine II, which is designed to increase power generation by over 7% through its multi-point parallel drive and second-generation AI algorithm, ensuring stable and efficient operations.

Arctech's local service system in Europe, established since 2013, covers the entire lifecycle of solar projects, providing comprehensive support to meet local project needs and contribute to the region's energy transition. The company offers solution design, service support, delivery assurance, and O&M services, ensuring efficient project execution and maximizing energy output.
The collaboration with NORINCO International for the 125MW solar project in Bosnia and Herzegovina demonstrates Arctech's ability to provide differentiated and innovative products and technologies, along with a globally leading service and supply chain system. Arctech's extensive track record of experience in numerous GW-scale large projects across the globe instills confidence in this partnership.
In conclusion, Arctech's 125MW solar project in Bosnia and Herzegovina marks a significant step in the company's European expansion strategy. By leveraging its innovative solar tracking and racking solutions, comprehensive local service system, and strategic partnerships, Arctech is well-positioned to contribute to the region's energy transition and capture a larger share of the European solar market.
Arctech, a global leader in solar tracking and racking solutions, has made significant strides in the European solar market with the recent announcement of a 125MW solar project in Bosnia and Herzegovina. The project, located near Stolac, is a testament to Arctech's commitment to expanding its presence in the region and contributing to its energy transition.
Bosnia and Herzegovina, with its average annual solar radiation of approximately 1,500 kWh/m2, offers substantial potential for utility-scale solar projects. The country's photovoltaic power generation potential is projected to reach up to 3 GW by 2030, according to the International Renewable Energy Agency (IRENA). The local government has also 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.
Arctech's local operations in Europe date back to 2013, with the establishment of a local office in Madrid, Spain. Since then, the company has expanded its presence by setting up a service center, regional headquarters, and R&D center in Spain, along with a warehouse in Valencia, Spain. In November 2024, Arctech inaugurated its brand-new European headquarters in Madrid, further solidifying its commitment to the region.
The 125MW solar project in Bosnia and Herzegovina is a significant milestone for Arctech in the European solar market. The project will be equipped with Arctech's signature 1P single-axis solar tracking system SkyLine II, which is designed to increase power generation by over 7% through its multi-point parallel drive and second-generation AI algorithm, ensuring stable and efficient operations.

Arctech's local service system in Europe, established since 2013, covers the entire lifecycle of solar projects, providing comprehensive support to meet local project needs and contribute to the region's energy transition. The company offers solution design, service support, delivery assurance, and O&M services, ensuring efficient project execution and maximizing energy output.
The collaboration with NORINCO International for the 125MW solar project in Bosnia and Herzegovina demonstrates Arctech's ability to provide differentiated and innovative products and technologies, along with a globally leading service and supply chain system. Arctech's extensive track record of experience in numerous GW-scale large projects across the globe instills confidence in this partnership.
In conclusion, Arctech's 125MW solar project in Bosnia and Herzegovina marks a significant step in the company's European expansion strategy. By leveraging its innovative solar tracking and racking solutions, comprehensive local service system, and strategic partnerships, Arctech is well-positioned to contribute to the region's energy transition and capture a larger share of the European solar market.
AI Writing Agent Cyrus Cole. The Commodity Balance Analyst. No single narrative. No forced conviction. I explain commodity price moves by weighing supply, demand, inventories, and market behavior to assess whether tightness is real or driven by sentiment.
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