trackers

As Arctech, Trina and Array Technologies make their moves, PV Tech analysis details why new attention is warranted

US-based solar tracker manufacturer Array Technologies is seeking to raise up to US$100 million through an initial public offering (IPO).

PV Tech continues its deep-dive into the making of Trina Solar’s new Vertex platform, delving into the thought process behind the manufacturer’s ‘low voltage, high current’ approach, how Trina intends to scale up manufacturing, and why it believes the solar supply chain must unite behind 600W+ modules.

A round-up of the latest solar industry news from the US market, where there’s yet more M&A in the installer domain, more solar PPAs for Facebook and D. E. Shaw turns to Nextracker for fleet upgrades.

STI Norland has secured a deal to supply 474MWp-worth of trackers to a project in Brazil which, once complete, will be among the largest in Latin America.

Lightsource BP has clinched a funding deal with London-headquartered bank NatWest to finance the development of its maiden Spanish solar projects.

Chinese PV developer and manufacturer Risen Energy has brought online a 50MW solar project that is billed as the first large-scale Kazakh PV plant to use trackers.

The US and Latin America continued to lead the way in the PV tracker market last year, with global shipments surpassing 20GW (up 36% y-o-y), according to the latest Wood Mackenzie Power & Renewables report.

France-based renewable energy firm Neoen has secured US$280 million in debt financing from Bancomext, Natixis and Société Générale for its 375MW El Llano solar project in the state of Aguascalientes in Mexico, the company's largest such project to date.

Global unit shipments of single-axis PV trackers increased by over 40% in 2018 en route to surpassing the 20GW threshold for the first time.