Featured in Fork to the future – 09-2021

Global tracker shipments reached 45 GW in 2020

The global single-axis tracker market increased shipment volume by 40% year on year to reach 45 GW in 2020. This was despite significant pandemic-related supply chain turbulence that resulted in longer lead times for the delivery of components, the idling of steelmaking capacity in some key markets, container shipping dislocation, and widespread restrictions, particularly at ports. Most notably, this caused the cost of some commodities, such as steel, to more than double between 2020 and 2021. Jason Sheridan, a senior research analyst for IHS Markit, runs through some of the key developments in the tracker market.

By

pv magazine

07 Sep 2021

Source: IHS Markit

The United States maintained its position as the largest tracker market in 2020, with Brazil, Chile, China, and Spain making up the top five, and each recording significant year-on-year growth. Growth of solar trackers is driven by the increasing demand from global economies for renewable energy, and the resulting rapid deployment of solar. Trackers further …

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