In Short : Nextracker has surpassed 10 GW of solar tracker installations in India, marking a major milestone in the country’s renewable energy sector. The company also launched an 80,000 sq ft R&D hub in Hyderabad with a 13-acre testing center. Backed by local manufacturing and a growing workforce, Nextracker supports India’s clean energy goals […]
In Short : Gensol Engineering has established a subsidiary in the United States and plans to supply 2,000 MW of solar trackers through this new venture. This move is part of Gensol’s strategy to expand its footprint in the global renewable energy market, particularly in the rapidly growing U.S. solar sector. The subsidiary will help […]
Shares of FTC Solar Inc jumped as much as 19% in their Nasdaq debut on Wednesday, driven by rising investor interest in companies expected to benefit from U.S. President Joe Biden’s green energy initiatives. The solar tracker system provider’s stock opened at $15.21, up from its $13 initial public offering price, valuing the company at […]
Two-in-portrait system maximizes value on projects with challenging site conditions FREMONT, Calif.: NEXTracker, a Flex company, introduced today a new member of its smart single-axis solar tracker family—NX GeminiTM. The next-generation two-module-in-portrait (2P) tracker is optimized for customer sites with hard soils, challenging terrain, irregular parcel shapes and high-wind requirements. The combination of NEXTracker’s flagship NX HorizonTM and […]
Following a record year of shipments for PV tracking systems globally in 2018, IHS Markit forecasts more than 150 GWdc of PV tracking systems will be deployed from 2019 to 2023, accounting for approximately one third of ground-mounted PV installations during the period according to its upcoming Global PV Tracker Market Report – 2019. Key points: […]