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.”

17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

Read Next

April 30, 2025
Genesis Energy has officially opened the 63MWp Lauriston site, which it claims is the country’s largest solar PV power plant.
April 30, 2025
Vena Energy has started constructing a 320MW solar PV expansion in Queensland’s Western Downs region in Australia.
April 29, 2025
Solar cannot be regarded as a 'set and forget' technology and must be fully maintained to prevent systemic underperformance.
April 29, 2025
Spanish inverter manufacturer Ingeteam has secured a contract from Danish developer European Energy to supply its technology to two solar PV power plants in Australia, totalling an installed generation capacity of 137MW.
April 28, 2025
Acciona Energía has completed the construction of a 308MW solar PV power plant near the coastal city of Gladstone in Queensland, Australia.
April 24, 2025
Lee Zhang of Sungrow reveals how the company's new inverter meets the needs of the rapidly evolving solar and storage industries.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
May 7, 2025
Munich, Germany
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