Arctech Solar Hit a New Record with 1GW Installed Capacity in Vietnam

SHANGHAI,July 18,2019 -- Arctech Solar,a leading solar tracking and racking system provider,announced that it has sold over 1GW of fixed structures and solar trackers to 12 utility-scale power plants in Vietnam in the past year,and all of these PV plants were connected to the grid before 30th June 2019 in accordance with Vietnam's solar Feed-in-Tariff program. This milestone illustrates Arctech Solar's success in this region is largely attributed to its innovative technology,reliable performance,and an exceptional level of on-time delivery and relationship-building with local partners.

Customized Solution for Vietnam's First Wind and Solar Integration Project

Vietnam's first wind and solar integration project with an annual electricity output of nearly 1 GWH,this Trungnam Group 258 MW solar plant,located in Ninh Thuan province,was successfully commissioned and grid connected in June 2019. Considering the project was set up in irregular terrain and near a wind farm,innovative product combination was the ideal solution to be adopted in this project,including Arctech's fixed structures and 60MW Skyline tracking systems. With its advantages of 20% N-S slope,special designed torque tube and one button commissioning function,Skyline tracking systems were deployed on this project offering higher energy output,better land adaptability,more cost-effective and quicker to install. It is also the first solar tracker project in Vietnam.

"Arctech Solar's strong technical strength,excellent pre-sales and after-sales service are very impressive," exclaimed Nguyen Tam Tien,CEO of Trungnam Group. " Especially when we encountered many unexpected technical difficulties,Arctech Solar made a great effort on implementation of this landmark solar project successfully in Vietnam."

Arctech Solar Hit a New Record with 1GW Installed Capacity in Vietnam

Strong Production Capacity and Timely Delivery for 800MW Solar Products in 90 Days

This achievement also comes as a result of the company's vertical integration manufacturing and supply chain management. Signing a total of 800MW agreements with DAU TIENG,Long Thanh DakLak,DAU TIENG and other partners in Vietnam,Arctech Solar has successfully managed to deliver these solar products in only 90 days.

President of Project Investment and Operating from Long Thanh DakLak Investment JSC said: "Due to its strong production capacity,Arctech delivered a huge number of solar products accurately and punctually in the short term,enabling efficient installation of this project. We firmly believe that Arctech Solar is a highly reliable partner that ensures this projects' success,and we hope to continue working with them in the years to come."

Arctech Solar Hit a New Record with 1GW Installed Capacity in Vietnam

"We are appreciative topartner on over 1GW of solar power plants with many of Vietnam's leading renewable energy firms," stated Mr. Guy Rong,President of Arctech Solar's international business. "Also,I am proud of the significant achievement we have made in this market by leveraging our internal resources and innovating with our customers. We look forward to playing a positive role in support of Vietnam's rapid development of renewable energy and continuing our involvement with global investors."

Photo - https://photos.prnasia.com/prnh/20190718/2528356-1-a

Photo - https://photos.prnasia.com/prnh/20190718/2528356-1-b

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Lisa Zhou

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lisa.zhou@arctechsolar.com