NEXTracker buys French competitor’s IP portfolio

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

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

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

May 21, 2025
Carlyle has launched a new platform called Revera, dedicated to renewable energy, energy storage, and hydrogen projects in Australia and UK.
May 20, 2025
Enfinity Global has secured €100 million from Eiffel Investment Group to advance its solar PV and battery energy storage system (BESS) portfolio in Europe.
May 20, 2025
The three projects, Mammoth South, Mammoth Central I, and Mammoth Central II, have a generation capacity of 300 MW each.
May 20, 2025
Octopus Australia has received grid connection approval from AEMO for a 300MW solar-plus-storage site in New South Wales.
May 20, 2025
Australia’s Victoria government has proposed seven REZ for the state, emphasising these will help achieve its target of 2.7GW of utility-scale solar PV generation by 2040.
May 19, 2025
Lithuanian government-owned utility and renewables developer Ignitis Group has signed a financing deal with SwedBank to support 239MW of solar PV capacity in Latvia.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 8, 2025
Asia