PV Hardware (PVH) has worked hard to establish itself within the increasingly attractive Australian market, as the number of grid-scale solar PV projects grows.
The company uses Australian steel to manufacture its technology, which plays an important role in optimising solar farms which allows operators to maximise the output and boost profitability.
Rystad Energy’s David Dixon analysed the solar tracker market in Australia, finding Nextracker and PVH account for 80% of the country’s market share in 2021. This follows significant growth for PVH, which supplied tracker technology to 1.1GW of projects during FY 2020 and 2021.
Its market share in Australia is now comparable to its share in European and African markets, 29% and 31% respectively (IHS Markit sources), in 2021.
PVH achieved this growth despite the increasing costs of raw materials and global supply chain disruptions, and the COVID-19 pandemic. To overcome these challenges, PVH worked closely with its customers by building trust and delivering tailored solutions to major EPCs across Australia.
EPCs have welcomed PVH’s experience and its investment in R&D and its significant effort to develop flexible solutions adaptable to large modules, which are becoming more widespread due to their efficiency and profitability.
The company’s approach saw it supply solar trackers to three out of the seven large projects to reach financial close in Australia in 2021, amplifying its track record to 1.1 GW supplied since its Australia head Alejandro Cantos arrived in the country in 2019.
“The market knows we are here to stay in Australia, and we will continue to make long-term alliances with new strategic EPCs, developers, installers, and engineering firms as well as contribute to a better, more sustainable business model, which will provide long-term opportunities for the Australian economy and workforce,” Cantos said.
“We are very proud to be one of the leading cleantech suppliers to large-scale solar developments in Australia and to have brought many innovations to the market, which have been integrated into key strategic renewables projects in different states.
“Our growth shows the level of commitment we have maintained during difficult times and our strong capability to never let a client down.”
PVH global COO Emilio Garcia added: “PVH’s growth in Australia would not have been possible without the confidence of major renewables companies such as Sojitz-Eneos, X-Elio, Fotowatio Renewable Ventures (FRV), Amp Energy, Suntech and the Victorian Government amongst others in our state-of-the-art solar tracker experience.
“This confidence has enabled the company to be the world’s third largest major manufacturer of solar trackers in 2020 and 2021, and to accumulate a round figure of 20 GW worth of structures supplied worldwide. The aim is to keep these relationships and to satisfy our clients’ needs wherever they go. As a proof of this, we have expanded up to 16GW of annual capacity at our fully owned factories, while opening new strategic manufacturing centres wherever the projects are.”
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