With the global push for renewable energy, companies like us may find future opportunities in the solar industry. Solar farms are a great source of clean energy and are becoming increasingly popular as they provide benefits such as cost savings and environmental sustainability.
Torque tube is a critical structural component, especially for single-axis solar trackers. Torque tubes are typically circular, square, pentagonal, octagonal, or D in shape and coated with galvanizing. The torque tube connects all PV modules, ensuring that they all track the sun’s path simultaneously.
Our expansion will be focused on the square and octagonal torque tubes. Solar trackers rotate their orientation throughout the day to track the sun’s path and capture the maximum amount of energy. The torque tube on the tracker is the component that assists in the movement of the panels making it necessary and unique.
Base Supporting Tubes are used in the solar industry for a variety of purposes, mainly for the construction of solar panel mounting systems and supporting structures. Solar panel structures are typically made from galvanized steel tubing, which is coated with a layer of zinc to protect it from corrosion.
Torque Tubes are used in the solar industry for a variety of purposes, mainly for the struction of solar panel mounting systems and supporting structures. Solar panel structures are typically made from galvanized steel tubing, which is coated with a layer of zinc to protect it from corrosion.
The solar panels market is projected to grow from USD 131.37 billion in 2022 to reach USD 282.4 billion by 2030.
Exhibiting a compound annual growth rate (CAGR) of 12.63%.
Solar Panels industry size was valued at USD 84.35 billion in 2021.