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.
Solar tracker manufacturer Nextracker, a subsidiary of Flex, intends to list on the Nasdaq Global Select Market after having publicly filed a registration statement for a proposed initial public offering of its common stock.
The American arm of bp, through its 50:50 joint venture partner Lightsource bp, has begun construction on a 134MW solar project in Fulton County, Ohio.
US solar tracker manufacturer Nextracker has signed a master supply agreement with Amara Raja Power Systems to deliver its trackers to a 306MWp PV project from utility NTPC in India.
US tracker manufacturers are planning to ramp up production capacity as they take advantage of support included in the country’s newly passed Inflation Reduction Act (IRA).
Nextracker is opening a solar tracker research and development (R&D) facility in Brazil through a partnership with non-profit organisation Flex Instituto de Tecnologia.
US solar tracker manufacturer Nextracker and steel producer BCI Steel have reopened the Bethlehem steel manufacturing factory in Leetsdale, Pittsburgh that will process steel and produce solar tracker equipment for utility-scale solar projects.
