Breakthrough technology could slash solar installation costs by up to 60%

Source Domain: strategicenergy.eu

Héctor Erdociain, CSO & CTO of Chemik Group, announced new technological solutions for photovoltaic projects and an international expansion strategy aimed at increasing the company’s global business by up to 30%, after supplying 6 GW in 2025.

The technology manufacturer Chemik Group aims to grow its global business by 25% to 30% in 2026, driven by new solutions for solar photovoltaic (PV) projects and an international expansion strategy in key markets. The announcement was made by Héctor Erdociain, Chief Strategy Officer (CSO) and Chief Technology Officer (CTO) of Chemik Group, during his participation in the Future Energy Summit (FES) Iberia 2026.

“Last year we supplied 6 GW of products worldwide, which is no small figure. Overall, we have reached 40 GW globally,” Erdociain stated while outlining the company’s recent performance. He also noted that Chemik holds between 80% and 90% market share in Spain.

Building on this growth trajectory, the company presented two new technological solutions designed to enhance asset safety and reduce installation costs in solar PV projects, at a time when developers are seeking to maximise operational efficiency and ensure the bankability of projects.

The first innovation is TCS String, a solution designed to optimise string inverter installations by industrialising installation processes and modifying materials used in the system, with the goal of significantly reducing implementation costs.

“By industrialising more of the installation process and changing certain materials, we can achieve savings of 55% to 60% in string inverter installations,” Erdociain explained.

The second technology presented at the event was Chekarc, a system focused on the early detection of electrical arcs in PV strings — a phenomenon that can lead to operational failures or even fires if not identified in time.

“It can…

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