NEXTracker announced a technology agreement with French solar tracker company, Optimum Tracker, to acquire key intellectual property elated to mechanical, electrical and software systems that will allow further differentiation of NEXTracker’s solar tracker portfolio of products and services. NEXTracker says the acquired IP is especially relevant for its TrueCapture control system, which increases typical PV power plant energy harvest by 2 to 6 percent. The strategic partnership will also enable the two companies to expand their market presence in the burgeoning Middle East, Southern Europe, North Africa and sub-Saharan Africa regions.
Founded in 2009, Optimum Tracker specializes in design, manufacturing, commercialization and maintenance of patented solar trackers and fixed-tilt structures for utility-scale solar plants.
“We are honored to work with NEXTracker in the coming years,” explained Optimum Tracker’s President and Co-Founder Yacin de Welle. “This collaboration will help us both to enhance our products and propose state-of-the-art innovations, making solar an even more affordable and efficient energy source. Thanks to the complementary capabilities of our companies, we also expect to reach numerous markets worldwide.”
Solar tracker technology has firmly surpassed fixed-tilt solar applications for ground-mount utility-scale solar, with year-over-year growth of 32 percent in 2017, according to Greentech Media. This partnership is a strategic move for both companies to exploit their core competencies, differentiate their technologies and lower their customers’ levelized cost of energy in an increasingly competitive global marketplace.
Have you checked out our YouTube page?
We have a ton video interviews and additional content on our YouTube page. Recently we debuted Power Forward! -- a collaboration with BayWa r.e. to discuss higher level industry topics as well as best practices / trends for running a solar business today.
Our longer running side project is The Pitch -- in which we have awkward discussions with solar manufacturers and suppliers about their new technology and ideas so that you don't have to. We've discusses everything from residential rail-less deck attaching and home solar financing to large-scale energy storage value stacking and utility-driven new home solar + storage microgrids.
We also post our Project of the Year announcements there! Interviews with this year's winners will be up starting the week of Nov. 8. Head there and subscribe today to stay on top of all this extra stuff.