PV tracker supplier Nextracker has commissioned a new factory to produce steel components for its tracker systems. The facility was opened in partnership with MSS Steel Tubes USA, a joint venture subsidiary between Metalogalva and Soufe, two international industrial manufacturers.
Solar tracker and software provider Nextracker more than doubled its adjusted EBITDA in the financial year (FY) ending March 2023 compared with the previous year, up to US$209 million from US$92 million.
Solar tracker supplier Array Technologies has increased its revenue in the opening quarter of 2023 due to higher volume sales and average selling price (ASP).
US-based solar tracker company Nevados has partnered with independent power producer (IPP) Energix Renewables to supply trackers, that can be used on challenging slopes, in three solar power plants.
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.