On track for broader horizons
The global vertical integration of the PV tracker industry is accelerating, as players seek to build organizations that can provide manufacturing and support in multiple markets simultaneously. These partnerships tend to connect intellectual property assets with global manufacturing capability and construction and engineering teams that have the financial wherewithal to pursue international markets. The trend also is driving product line expansion, as in the case of Nextracker’s offering of energy storage as an integrated part of its tracker design.
“The solar industry thrives on innovation, and tracker manufacturers are no exception. We’re increasingly seeing companies throughout the solar value chain sharpening their offerings to deploy more solar and investment,” comments Alex Hobson, Director of External Communications for the United States Solar Energy Industries Association (SEIA).The most recent acquisition of a tracker company for geographic …
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