NEXTracker has expanded its manufacturing presence in Brazil to meet regional demand for the company’s smart, connected, and proven solar trackers. Leveraging Flex’s manufacturing base in Sorocaba, São Paulo State, and supported by over 9,000 Brazilian Flex employees, NEXTracker is now in a position to provide a Brazilian Development Bank (BNDES) compliant version of its product to solar farm developers and EPCs interested in accessing the local development bank credit lines, as well as to service the region with local spare parts inventory and technical support.
Brazil’s federal energy planning authority (EPE) recently doubled its forecast for installed capacity to 7 GW by 2024, owing to the result of the country’s initial solar auctions.
“NEXTracker’s experience and innovative products, coupled with Flex’s manufacturing expertise, operational discipline and financial strength is exactly what is needed to help Brazil achieve its solar energy goals,” said Nelson Falcão, NEXTracker Country Manager. “The product features and executive experience will enable our customers to have successful projects, while contributing to the Brazilian economy by adding solar jobs.”
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