flex

Nextracker has finalised its split from Singapore-headquartered electronics firm Flex after eight years of Flex ownership.

Nextracker has published its financial results for the third quarter of the year, headlined by revenue of US$573 million.

Microinverter supplier Enphase Energy has inaugurated a new manufacturing facility in Columbia, South Carolina in partnership with international manufacturing company Flex. It is the first of up to six planned US facilities, Enphase has said.

PV tracker solutions provider Nextracker has launched its investment roadshow after submitting an initial public offering (IPO) to the US stock market Nasdaq last month, seeking to raise up to US$534.9 million.

With the inauguration of a new R&D facility in Brazil, Nextracker aims to harness the country's knowledge in the utility-scale solar market.

Microinverter supplier Enphase Energy will expand its global manufacturing capacity by partnering with manufacturer Flex in Timisoara, Romania for its European base.

Nextracker is to be spun out from parent company Flex after it secured a US$500 million equity sale, valuing the business at around US$3 billion.

California-headquartered solar tracker manufacturer Nextracker is moving forward with a proposed initial public offering (IPO) of the company.

Leading PV microinverter supplier Enphase Energy reported lower than expected revenue for the third quarter of 2018, citing continued critical component shortages for the flat sales and shipments.

Global energy technology company Enphase Energy has signed off on a manufacturing agreement with Flex to include the company's facilities in Mexico.