NEWS
Newly launched tailored solar tracker for LATAM market wins orders
in SkyLight compared to conventional solar trackers – resulting in a reduction in production costs .
Arctech ’ s third-generation AI intelligent algorithm enables SkyLight to achieve power generation gain superposition of up to 8 % – maximizing energy output and reducing LCOE .
Mr . Cai Hao , President of Arctech , said : “ SkyLight is a testament to our ongoing commitment to driving innovation in the solar sector .”
Arctech , the world ’ s leading solar tracking , racking and BIPV solutions provider , has unveiled its latest innovation : SkyLight , a tracker set to revolutionize the solar energy sector .
The 1P Linked dual-row solar tracking system SkyLight is designed with a single-point drive mechanism , catering to low wind speed regions , particularly in the LATAM .
SkyLight is equipped with self-developed slew drives that allow for an operating angle of ± 60 ° with tracking accuracy ≤0.2 . The design of the single-point drive mechanism reduces the number of components
Fortunately , following the launch of SkyLight , Arctech secured orders for Skylight during Intersolar South America 2024 .
In addition to two projects that will implement SkyLight – namely a 468MW project in Bahia , Brazil and a DG Package II initiative with a capacity of 160MW located in Brazil ’ s Northeast region – Arctech also secured another project : the 236MW SkyLine II project situated in Mendoza , Argentina .
With the launch of SkyLight , Arctech reaffirms its commitment to leading the transformation of the solar market , offering products that not only follow but define global trends in innovation and sustainability .
Rappi acquires Fountain9 assets to accelerate TURBO ’ s retailing growth with AI
Rappi , LATAM ’ s leading on-demand delivery service , has acquired
Fountain9 , an Indian company known for its innovative AI-driven supply chain solutions .
As part of this strategic asset acquisition , Rappi acquires Fountain9 intellectual property and the existing team will join Rappi as part of the newly formed entity in India .
The company will continue to support the existing Fountain9 customer base and it lands a footprint in India to tap into the local talent base .
The Rappi – Fountain9 journey began through their Y Combinator connection . Fountain9 proved transformational in boosting availability and reducing shrinkage in the operations of Rappi Turbo as a client first . This success instilled confidence in Fountain9 ’ s ability to drive growth and reduce costs which set the stage for a closer partnership to acquire the company ’ s assets and team .
“ Acquiring Fountain9 assets is a game-changer for Rappi as we continue to push the boundaries of what ’ s possible with AI and supply chain technology ,” said Felipe Villamarin , Co-Founder , Rappi . “ This acquisition not only strengthens our TURBO operations but also allows us to offer state-of-the-art supply chain solutions to external partners , further establishing Rappi as a tech-driven company .
Rappi ’ s presence in India underscores the company ’ s strategic focus on accelerating talent acquisition to strengthen its LATAM operations
Although Rappi will not have operational activities in India , the Fountain9 acquisition marks a pivotal step in positioning Rappi as a global magnet for top talent – further enhancing its LATAM success . p
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