Trina Solar takes full control of Spanish tracker firm Nclave

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Nclave trackers are featured in Trina Solar’s smart photovoltaic solution, TrinaPro. Image: Trina Solar.

Trina Solar has taken full control of Spanish tracker system manufacturer Nclave, acquiring the remaining 49% stake in the company it did not already own. 

The deal follows Trina’s initial purchase of a 51% interest in 2018, allowing Nclave’s smart tracker to become one of the core hardware products in Trina Solar’s smart photovoltaic solution, TrinaPro.

Founded in 2017 as a merger between Grupo Clavijo and MFV Solar, Nclave specialises in the design, manufacturing, installation and maintenance of fixed tilts and solar trackers. To date, it has developed more than 5GW of projects and has a pipeline of more than 2GW.

Trina said the deal represents an “important strategic development” that will boost its competitiveness. Wu Qun, secretary of the Trina Solar board, added the combination of the two companies’ technologies will enhance Trina’s one-stop solutions as well as the efficiency of its tracker products.

9 June 2022
The proliferation of solar PV and other renewables is a cornerstone of the emerging new power system and, as a result, the solar industry has entered its fastest-growth period. This has become typified by surging demand for high-power PV modules that both produce more power and are more efficient than their predecessors. Providing a significant boost to power outputs, large-format modules have become a popular choice for customers the world over. Outdoor testing of modules is now providing empirical evidence of the benefits large-format modules produce, providing a crucial benchmark and invaluable data for customers to evaluate their module selection and procurement processes. In this PV Tech webinar, experts from TÜV Rheinland, CPVT and Trina Solar will discuss how to ensure science based and precision testing under field conditions, how empirical data is collected and analysed during TÜV Rheinland and CPVT’s outdoor testing, the empirical data behind a 670W module’s ultra-high power, and more.

Read Next

May 27, 2022
The CEO of US solar and energy storage developer Borrego has said the company’s project development business will be less capital constrained under the new ownership of investment firm ECP, following a deal announced earlier this week to spin off and sell the unit.
May 26, 2022
US solar and energy storage developer Borrego will spin off and sell its development business, including its more than 8.4GW PV project pipeline, to investment firm ECP.
May 26, 2022
Spanish utility Iberdrola will invest €3 billion (US$3.2 billion) in green hydrogen, the company’s chairman, Ignacio Galán, has announced as he called for a stable European framework to boost investment in the technology.
May 24, 2022
Spanish renewables developer Grenergy is looking to expand its presence in Europe in five new markets in the wake of the continent's REPowerEU plan.
PV Tech Premium
May 24, 2022
PV Tech Premium spoke with the Clean Energy Associates at this month's Intersolar regarding their traceability protocol, what it expects from ongoing legal battles in the US and the problem with European module procurement.
May 23, 2022
Solar investments in China reached RMB29 billion (US$4.4 billion) in the first four months of the year, according to the country's National Energy Administration (NEA).

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 7, 2022
Leonardo Royal London City, London, UK
Solar Media Events
June 14, 2022
Napa, USA
Solar Media Events
June 22, 2022
Sheraton Austin Hotel at the Capitol, Austin, Texas