United Overseas Bank (UOB), the leading commercial bank in Asia, recently rolled out U-Solar 2.0 program. With industry-leading solar equipment suppliers involved, this program helps to build comprehensive end-to-end support throughout the value chain. Solaxisys participates U-Solar 2.0 as the only mounting system supplier, joint hands with other module and inverter suppliers to bring industrial-recognized solar products and services, aiming to activate the Thailand solar market. UOB launched the U-Solar in 2020 as the first integrated solar financing program that empowers the solar industry in the SEA region. In that period, UOB Thailand has extended around 3.12-billion-baht worth of green loans and has enabled more than 1,800 Thai businesses and homeowners to transition to solar energy. The U-Solar 2.0 program is not just another iteration but an expansion. What tormented the developers and contractors must always be the controversion between long project receivable terms and short payment terms requested by equipment suppliers. "With U-Solar 2.0, people will be able to extend payment terms to finance the purchase of equipment from the program-approved suppliers and work on multiple solar projects simultaneously, speeding up the rate of solar adoption in the country." the bank added. Solaxisys, the leading supplier of the whole industry chain in PV mounting systems, participated in U-Solar 2.0 program not just in Thailand but also in Malaysia, Indonesia and Singapore. The cooperation is remarkable in that more customers can benefit from the products of Solaxisys timely, without worrying about cash flow and capital gaps. Plowing in the SEA Market for seven years, Solaxisys has set up an office in Thailand to provide local support. By 2023, Solaxisys's cumulative solar racking system shipments in the SEA region achieved 3080MW, while global shipments reached 25.4GW, what behind the numbers is the recognization from customers all over the world. Together with UOB Thailand, Solaxisys is committed to the green energy transition of society, willing to reduce access costs and provide more convenient methods for customers to get involved in the solar ecosystem of Thailand. Holding the mission of Raise a green world, Solaxisys is seeking more opportunities to stimulate the local solar market booming.

Solaxisys, the leading supplier of the whole industry chain in PV mounting system, has joined UOB (United Overseas Bank) Malaysia's U-Solar 2.0 as the first and sole solar mounting system supplier. The programme was launched to simplify access to sustainable financing for local solar engineering, procurement, construction and commissioning (EPCC) contractors and project developers. U-Solar, which was launched in October 2019, is Asia's first integrated solar energy financing platform that powers the development and adoption of renewable energy across Southeast Asia. U-Solar 2.0 expands the program’s offerings to industry players across the entire solar value chain, ensuring a smooth flow of financing with improved payment terms for solar contractors and developers. With Antai Solar’s participation, U-Solar 2.0 will connect them to leading equipment suppliers across the region, covering from modules and inverters to solar mounting systems. “This is designed to address cashflow issues and working capital gaps for developers and contractors who typically have longer projects receivable terms and may face short payment terms from equipment suppliers. “With U-Solar 2.0, they will be able to finance the purchase of equipment and work on multiple solar projects simultaneously, speeding up the rate of solar adoption in the region,” the bank added. "As one of the approved equipment suppliers of U-Solar 2.0, our collaboration will allow us to connect with local solar contractors and developers seamlessly," said Vince Lim, Antai Solar Malaysia's country manager. "They will have access to financing and extended payment terms while being provided with our advanced solar mounting systems and solutions. This partnership will undoubtedly accelerate the growth of Malaysia's green sector, and we are excited to be a part of it." Solaxisys holds a prominent position in Malaysia's solar market by offering top-notch racking and tracking systems for commercial and industrial (C&I) as well as utility-scale projects. Its expertise and industry experience make Antai Solar well-equipped to foster the proliferation of solar energy adoption in Malaysia. Additionally, Antai Solar intends to partner with UOB and other industry players in Thailand, Indonesia, and Singapore to drive sustainability initiatives in Southeast Asia and beyond, thereby benefiting its customers in the region.

Solaxisys, the leading supplier of the whole industry chain in PV mounting systems, has recently completed the signing of a 23MW supply agreement with WELSPUN INDIA LIMITED, committing to provide its classic slew-drive single-axis independent tracking system - TAI Simple for the solar plant. Having cultivated in the solar industry for seventeen years, Solaxisys is now developing at a rapid pace. This signing is another milestone for Solaxisys to expand its business presence in the Indian market. Solar tracking systems are proven to be more efficient than fixed mounting systems by making solar panels follow the sun's path to maximize absorbing the sunlight, which helps increase energy yield. Whereas, with advanced technology improving the energy yield, there also comes the drawback that utilizing tracking systems require more investment. TAI-Simple, Solaxisys's intelligent 1P tracking system, adopts the patent single-point slew drive design with two dampers on both sides, which not only can greatly save cost in procurement, installation, and O&M, but also ensure the stability of the whole structure. Following the trend of reducing the LCOE of solar plants, purchasers are more interested in the solution of tracking systems combined with bifacial or large-size modules. Solaxisys has captured this demand and started R&D years ago, to optimize product adaptability. Until now, Solaxisys has the entire tracker product line matched perfectly with all types of solar panels. India is known as one of the most important solar markets with great potential, and the market is growing at an unimaginable speed, that the installed capacity of PV systems in India has grown from 6.76GW in 2016 to 54GW in 2022. Competition becomes more fierce when the government announced the target to achieve 280GW of installed capacity by 2030. Solaxisys shows its confidence in exploring the Indian market. Besides innovative product design and trustworthy quality control, Solaxisys also excels in providing local service, compared with other foreign manufacturers. The Indian office of Solaxisys is located in New Delhi, there you can find local sales and engineers providing the best solution for you. Solaxisys also cooperated with Indian local supply chain factory and has secured 2.5 GW production capacity per annum, which enables fast delivery to the project location. Holding the mission of Raise a Green World, Solaxisys is making strides on the road to achieving the globalization, bringing cutting-edge technology and thoughtful service to clients around the world. Along with the rapid growth of the solar market, Solaxisys is strengthening itself, always ready to solve what's next.

Solaxisys, the leading supplier of the whole industry chain in PV mounting system, announced the signing of a 187MW supply agreement to provide its comprehensive solar tracking system for Brazil's CEMIG Solar Project. This project is estimated to be grid in the third quarter of 2023, and will annually deliver 220 million kWh of clean energy for this region after completion. Utilizing TAI-Simple, Solaxisys's advanced 1P tracking system, the stability of the project can be guaranteed. What's unique in TAI-Simple is that the torque tube of the whole structure can be effectively protected with dampers on both sides, greatly improve its wind-resistance ability, and is more economical. Besides, TAI-Simple is also designed to match the large-size or bifacial modules, achieving a wider range of tracking, which can effectively reduce LCOE. The terrain condition can be a great challenge for the tracking system, as the flat project sites for the utility-scale project are diminishing. After years of research and experience, Solaxisys's engineering team has faced various types of conditions and figured out corresponding solutions for each time. In this project located in Minas Gerais, Brazil, Solaxisys adopted the combination of multiple solutions to adapt slope and terrain as much as possible. Not only technology R&D and project-tailored design, Solaxisys values every concern of the clients. For this project, Solaxisys understands the local taxation policy and fully cooperated with clients to solve a series of tax clearance problems to complete the DDP service. With professional technical support and responsible service, Solaxisys is trusted by clients all around the world. Located in the equator area, Brazil is rich in daylight resources, which gives it natural advantages to develop solar energy. The government keeps releasing solar incentive policies, aiming to achieve 7GW installed capacity by 2024. Numbers of developers and equipment suppliers flow to the market to make their contribution, and so does Solaxisys. As early as the year of 2018, Solaxisys set up an office in Brazil, offering local support, which laid the foundation for it to explore Latin American Market. As Sofia Zheng, Director of Global Business Development of Solaxisys, said, "With the continuous development of solar business in Latin America, the Latin American market will be a core business area for Solaxisys to make long-term efforts. As a leading PV mounting supplier, Solaxisys will actively respond to local policies, bring more benefits to our customers and live up to the trust our customers have placed in us." Until now, Solaxisys has achieved 25.4GW global solar racking shipment. Holding the mission of Raise a Green World, Solaxisys is committed to making efforts in zero carbon transition. Not only is Solaxisys a mounting system supplier, but we're also on the way to contributing to the green, healthy, and harmonious earth.