NEXTracker buys French competitor’s IP portfolio

July 10, 2018
Facebook
Twitter
LinkedIn
Reddit
Email
A project using NEXTracker equipment

NEXTracker has purchased the intellectual property (IP) of French firm Optimum Tracker.

The agreement covers patents and pending patents covering electronics, mechanics and software. NEXTracker, which is owned by global OEM Flex, said the IP would be particularly relevant to its TrueCapture control system. TrueCapture uses an algorithm to adapt each row to changing conditions, which the manufacturer claims can boost yield by 2-6%.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

“Optimum’s patent portfolio fortifies NEXTracker’s IP position related to smart tracking control and selected mechanical elements,” said Dan Shugar, CEO, NEXTracker.

The agreement will also see the pair collaborate in the Middle East, Southern Europe, North Africa and sub-Saharan Africa regions. Optimum has offices in Senegal, South Africa, India and Turkey among others.

“[Optimum] has a great team and has driven innovation in advanced algorithms and optimisation. We look forward to collaborating with Optimum on technology and serving selected customers in targeted markets,” added Shugar.

 “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,” said Yacin de Welle, president and co-founder, Optimum Tracker. “Thanks to the complementary capabilities of our companies, we also expect to reach numerous markets worldwide.”

Read Next

April 27, 2026
Social media tech giant Meta has signed an agreement to procure power from space-based solar power startup, Overview Energy.
April 27, 2026
The NYSERDA has launched an onshore solicitation programme to supporting the development of onshore wind, solar, and hydroelectric projects. 
April 27, 2026
Indian renewable energy major Adani Green Energy (AGEL) reported a 48% year-on-year increase in operational capacity to 17.24GW, driven predominantly by solar.
April 27, 2026
South African renewables developer Pele Green Energy and French firm Engie have inaugurated a 75MW solar PV project in the Northern Cape region.
April 24, 2026
Indian module manufacturer Saatvik Green Energy has acquired an 80% equity stake in Melcon Transformers and Electricals.
April 23, 2026
UAE state-owned renewables developer Masdar has established a joint venture (JV) with the national power utility of Montenegro to develop “large-scale” clean energy projects in the country.

Upcoming Events

Upcoming Webinars
May 27, 2026
9am BST / 10am CEST
Media Partners, Solar Media Events
June 3, 2026
National Exhibition and Convention Center (Shanghai)
Solar Media Events
June 16, 2026
Napa, USA
Solar Media Events
October 13, 2026
San Francisco Bay Area, USA
Solar Media Events
November 3, 2026
Málaga, Spain