Nextracker Opens Centre for Solar Excellence In Hyderabad Updated On Tue, Oct 1st, 2024 by Saurenergy Nextracker, a leading global provider of intelligent solar trackers, foundations, and software solutions, has inaugurated its third, and India’s first Center for Solar Excellence (CFSE) in Hyderabad, India. Spanning across 13 acres this state-of-the-art facility will serve to advance solar tracker technology. The CFSE will feature a 30,000 square foot, state-of-the-art lab, a comprehensive solar tracker […] Read more
News Briefs Aug 6-Nextracker Acquires Ojjio, BrightNight Raises $440 Million, Marinus Link Updated On Tue, Aug 6th, 2024 by Saurenergy Nextracker Acquires PV Foundation Maker Solar Pile International US based PV tracker major Nextracker has acquired US-based solar PV foundations supplier Solar Pile International (SPI) for US$48 million. This is Nextracker’s second acquisition of a solar foundation maker after Ojjio that was closed in June this year for $120 million. Announcing the acquisition during Nextracker’s […] Read more
Q1 Results: Nextracker Reports 50% Revenue Growth On YoY Updated On Fri, Aug 2nd, 2024 by Saurenergy Global solar tracker company Nextracker announced its financial results for Q1 of the fiscal year 2024-25. The company reported a 50% increase in revenues on a year-over-year (YoY) basis. For FY25, Nextracker provided its full-year outlook, in which it made a revenue between $2.8 billion and $2.9 billion. The company also gained a GAAP net […] 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
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
ACWA Power, L&T Select Nextracker’s Trackers For Saudi Solar Park Updated On Wed, Feb 21st, 2024 by Saurenergy Solar tracker and software solutions company Nextracker announced it was selected by ACWA Power and Larsen & Toubro Limited (L&T) to provide its all-terrain tracker NX Horizon-XTR a 1.17 GW installation at Al Kahfah Solar Power Plant, a strategically important renewable energy project in Saudi Arabia’s Central Province that is part of the National Renewable […] Read more
Nextracker, Sterling and Wilson In 2 GW Pact For Trackers In India Updated On Mon, Feb 12th, 2024 by Saurenergy Read more
