Solar tracker shipments up 36% in 2018 - WoodMac

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Source: Wood Mackenzie Power & Renewables

The US and Latin America continued to lead the way in the PV tracker market last year, with global shipments surpassing 20GW (up 36% y-o-y), according to the latest Wood Mackenzie Power & Renewables report.

US firm NEXTracker also continues to dominate with more than twice the market share of its closest competitors worldwide. 

credit: WoodMac

WoodMac noted that shrinking vendor margins for PV tracking companies can make it difficult to achieve profitable growth. Meanwhile, market consolidation is expected to continue.

Latin America became the largest market for solar trackers in 2017 and remains so this year, with 5,851MW in total shipments. It was followed by the US, the Middle East (up 96%) and Australia (up 74%).

19 August 2021
The utility-scale PV market is poised for exponential growth and yet the industry still has many fundamental opportunities to improve on standards and best practice. Tracker shade loss has been one of those topics that deserve more attention, but has been typically handled by derate factors rather than trying to accurately forecast the loss over the life of the system. Join Nextracker’s subject matter experts, Aron Dobos and Neelesh Umachandran, and Rounak Kharait, director of solar energy assessments at DNV, for a webinar about why shade modeling matters and recommendations on what the solar industry should do about it.

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