Trina Solar closes on tracker firm acquisition as part of strategic change

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
rina Solar has completed the purchase of Spanish PV tracker and mounting firm, Nclave as the SMSL moves to become a global smart PV solution provider. Image: Trina Solar

‘Silicon Module Super League’ (SMSL) member Trina Solar has completed the purchase of Spanish PV tracker and mounting firm, Nclave as the SMSL moves to become a global smart PV solution provider.

Trina Solar noted that its recently launched TrinaPro smart PV solutions will directly incorporate Nclave's tracker products and engineering designs, while Nclave's tracker and fixed mount technology would also be integrated into Trina Solar's smart solutions portfolio. 

Nclave was the 8th largest tracker firm with 4% global market share in 2017, according to GTM Research. Financial details of the purchase were not disclosed.

In a series of announcements in March the company also announced its plans to sell electricity.

Read Next

PV Tech Premium
April 26, 2021
LONGi’s ascent to the top of the solar module shipments league table captured headlines last week, but it also cements the view that consolidation in the sector is inevitable, with an oligarchy of majors dominating market share. Carrie Xiao assesses the prospects of those top five companies as 2021 heats up.
April 1, 2021
‘Solar Module Super League’ (SMSL) member Trina Solar has reported total module shipments in 2020 of 15,915MW, an increase of over 81% compared to the 8,756MW shipments recorded in 2019.
March 23, 2021
PV Tech speaks to Franck Zhang, head of global product strategy and market at Trina Solar, to discover the next steps for 210mm modules as power outputs continue to grow.
March 18, 2021
‘Solar Module Super League’ (SMSL) member Canadian Solar is guiding a significant increase in PV module and energy storage shipments, resulting in full year 2021 revenue of between US$5.6 billion to US$6.0 billion, over 70% higher than revenue reported for 2020.
March 12, 2021
Trina Solar has added to its Vertex series of next-generation solar modules, launching an ultra-high power 670W version.
PV Tech Premium
March 2, 2021
With three years of financial and business data available, we can start to analyse a number of possible trends, one of these is the changing landscape surrounding Sunnova's supplier base for PV modules, inverters and energy storage.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 26, 2021
Session 1 - 7:00 AM (BST) | Session 2 - 5:00 PM (BST)
Solar Media Events
June 15, 2021
Solar Media Events
July 6, 2021
Solar Media Events
August 24, 2021