From a net profit of RMB632 million (US$91.5 million) to a loss of nearly RMB10 million — what went wrong for Arctech Solar, China’s leading PV tracker manufacturer, in 2025?
Nextpower, formerly Nextracker, will double its steel solar tracker manufacturing capacity in Tennessee and has established a new “regional hub” in the Southeast US.
US utility-scale solar additions grew by 56% in 2024, reaching 30GW from 2023’s 19GW and representing over 54% of all new electricity generation capacity added in the country last year.