Global Solar Tracker Shipments Grew By 28% In 2023 to 92 GWdc Updated On Fri, Jul 26th, 2024 by Saurenergy Global Solar tracker shipments grew by 28% in 2023 to 92 gigawatts direct current (GWdc), reflecting a strong year for utility-scale solar in most regions across the world. The top ten vendors accounted for 90% of the global market share, according to Wood Mackenzie’s ‘Global solar PV tracker market share’ report 2024. For the ninth […] Read more
News Briefs June 21- Nextracker, Sembcorp, German Solar Target Updated On Fri, Jun 21st, 2024 by Saurenergy Nextracker Acquires Ojjio US solar tracker firm Nextracker has acquired Ojjo Inc., a leading foundations business in the solar power sector. This strategic move will allow Nextracker to providing comprehensive system solutions. According to Dan Shugar, Nextracker CEO, Optimization of the foundations and solar trackers enables customers to meet or exceed project-level LCOE targets while […] Read more
Zetwerk Owned Unimacts Opens Second US Plant For Nextracker Updated On Wed, Jun 19th, 2024 by Saurenergy Unimacts, a manufacturing services company that was acquired by Indian contract manufacturing startup Zetwerk in 2022, has expanded its relationship with leading US solar tracker maker Nextracker. Unimacts has opened up its second manufacturing facility in Sloan, Nevada for Nextracker to make steel torque tubes, a key component of Nextracker’s solar trackers. This new facility […] Read more
How QCell Can Make Solar Module Production Sustainable? Updated On Thu, Jun 6th, 2024 by Saurenergy Solar energy is considered as one of the cleanest sources of energy and one of the most commercially viable technologies. In India, out of the 144 GW of renewable energy capacity (excluding large hydro), 57 percent (82 GW) comes from solar energy alone. The generation of solar energy primarily depends on the solar panels. However, […] Read more
News Briefs May 16- ReNew & SG Tie-Up, Nextracker’s Milestone, Carbon PV Updated On Thu, May 16th, 2024 by Saurenergy ReNew and Societe Generale sign MoU for USD 1 Billion to broaden collaboration on energy transition projects NASDAQ listed ReNew, has announced the signing of a Memorandum of Understanding (MoU) with French banking major Societe Generale, to support the financing and development of the Company’s various strategic energy transition projects both in India and globally. […] Read more
News In Brief April 24- Vsun Wafer Plant, First Solar, Soltec, Nextracker Updated On Wed, Apr 24th, 2024 by Saurenergy X-Elio Goes With Soltec Trackers For 367MW Utility-Scale Project Spanish solar tracker company Soltec has announced a supply deal with fellow Spanish solar developer X-Elio for its single-row, dual-axis SFOne trackers to an X-Elio solar PV project in the Spanish region of Murcia. The deal will see Soltec ship 5,948 trackers to the site. VSUN’s […] Read more
Nextracker, Sterling and Wilson In 2 GW Pact For Trackers In India Updated On Mon, Feb 12th, 2024 by Saurenergy US based global tracker leader Nextracker has announced it has won a repeat order from Sterling and Wilson Renewable Energy for Phase 2 and Phase 3 solar projects of NTPC at Khavda, Gujarat. The projects, for an aggregate size of 1.5GWdc (Phase 2) and 375MWdc (Phase 3) will be using Nextracker’s NX Horizon Solar Trackers. […] Read more
Nextracker Accelerates Distributed Solar Generation, Delivers 600 Projects Updated On Thu, Feb 8th, 2024 by Saurenergy Nextracker, an integrated solar tracker and software solution provider, announced it has surpassed 600 projects delivered in its distributed generation (DG) portfolio. Driven by customers realizing significant energy gains using its NX Horizon™ solar tracker systems, Nextracker’s DG projects are deployed worldwide in commercial and industrial applications, including data centers, farming, retail, education, and manufacturing […] Read more
Nextracker Continues Strong Show, Q3 EBITDA Up 168% YoY Updated On Fri, Feb 2nd, 2024 by Saurenergy US based solar tracker firm Nextracker, in its first earnings announcement since turning a completely independent firm has delivered a stellar set of results. Nextracker’s adjusted earnings before inflation, taxes, depreciation and amortisation (EBITDA) in Q3 FY24 reached US$168 million, more than doubling over the EBITDA in the last 12 months with a 168% year-on-year […] Read more
