Soltec

The Spanish solar tracker maker is hoping to debut on the stock markets of Madrid, Barcelona, Bilbao and Valencia this year.

The ten largest solar tracker companies accounted for 88% of the market last year, according to analyst WoodMackenzie, with the market growing 20% from 2018.

It was a record year for global shipments of single-axis solar photovoltaic (PV) trackers in 2018, as they increased by more than 40%, surpassing 20 GW globally for the first time, writes IHS Markit senior analyst Camron Barati. While the United States continued to be the largest individual market for single-axis trackers last year, shipments also increased in Mexico, Australia, Egypt, Spain, and other large utility-scale markets.

This week pv magazine was in Amsterdam for the sixth edition of the BifiPV workshop, where the discussion focused on the impressive achievements made by bifacial solar modules and the challenges the technology faces as it moves toward mainstream adoption.

New analysis predicts more than 150 GW of tracker capacity will be installed in the next five years – around a third of all ground mount projects up to 2024. Rapid growth in Europe, the Middle East and Africa; and the better cost structures possible from combining trackers and bifacial modules are singled out as key trends.

The global market for solar trackers expanded by 20% in 2018, with total international shipments spiking 36% year-on-year to surpass the 20 GW mark, according to a new report by Wood Mackenzie. NEXTracker and Array Technologies maintained their industry dominance, but a number of smaller competitors claimed a greater share of the global market in the 12 months to the end of December than ever before.

Things are hotting up in the tracker world as the desire to squeeze down the price per Watt of solar power intensifies. And the rise of the trackers is attracting some well-known businesses to buy their way into the field.

Spain’s most important renewable energy fair is becoming increasingly about solar. After a decade of slim pickings, last year’s event promised better times and, if this year’s show didn’t completely deliver, that’s because elections loom large.

That was the one of the main conclusions reached among 400 attendees at the Solar plants in Spain: development, financing and energy future conference, organized by Soltec and PV association UNEF in Madrid this week.

The pitch of bifacial trackers is an important design factor in maximizing energy gain, says Soltec, which recently spoke during a pv magazine webinar on how its trackers can help to increase energy yields in large-scale bifacial PV installations. Read on to discover the answers to your questions from albedo to backtracking and everything in between.