Solar tracker manufacturer Soltec posted net profits of €13.1 million (US$13.9 million) for the year 2022, a €14 million increase on 2021 which saw a €1.2 million loss for the company.
As solar projects become ever larger, sites with slopes and uneven terrain are becoming the norm for project development, leading tracker manufacturers to adapt their offerings accordingly. Molly Lempriere details the latest launches that aim to address this issue.
A US-based solar tracker solutions provider, Nevados, has signed a long-term supply deal with solar PV developer Ampliform to fulfil its tracker requirements for the duration of its project pipeline.
Arctech, a global PV tracker manufacturer, will supply its Skyline tracking solutions to a 78.8MW solar project in Lithuania, to be developed by Danish solar developer European Energy.
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.
Solar tracker manufacturer Soltec has signed an agreement with Canadian Solar and SPIC to supply 738MW of its trackers to two Brazilian solar projects.
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.
Array Technologies has posted strong financial results with Q3 revenue driven up by STI Norland’s acquisition and strong organic growth within its legacy business.
