According to GTM Research’s October 2016 report, The Global PV Tracker Landscape 2016, NEXTracker moved into this position through mass sales of its NX Horizon tracker. Fremont, CA-based NEXTracker’s products have been installed in more than 150 individual solar power systems worldwide, spanning a diversity of system sizes, geographies, and applications. Utility-scale and distributed generation projects are deployed in 11 countries, including all regions of the United States, with system sizes ranging from 1 MW to 420 MW.
The Company’s #1 market share position was also highlighted in the May 2016 announcement on tracker market share from IHS: the analyst noted that NEXTracker became the market leader of PV trackers in 2015 in terms of North America shipments. The NX Horizon is UL 2703 and 3703 certified, and available for 1000V and 1500V configurations.
“This milestone highlights NEXTracker’s leadership position in the industry,” said NEXTracker CEO Dan Shugar. “We’ve invested significantly in our delivery capability and quality to ensure consistent, superior customer support across global project sites. We are also actively monitoring our deployed tracker row around the world, utilizing an advanced data analytics platform. Our systems are operating as expected — and we have the data to prove it. Joining Flex has helped us grow our international footprint — affording increased access to infrastructure, supply chain, sales, and manufacturing capabilities worldwide.”
The PV tracker market is expanding very rapidly. “Our research findings show that PV tracker installations will grow 24 percent annually through 2021, faster than any other PV racking segment. NEXTracker has the leading share of the PV tracker market, and was #1 in single-axis tracking shipments in 2015,” says Scott Moskovitz, Solar Analyst at GTM Research.
Among recent NEXTracker global milestones are:
· Australia: NEXTracker designed, installed and commissioned the country’s largest utility-scale solar tracker project, located in Moree, NSW and designed the first PV+storage hybrid installation, the DeGrussa Gold and Copper Mine in remote western Australia, in addition to establishing an Australian entity and local office presence in Sydney.
· Brazil: To be online by Q2 2017, the Pirapora 1 project is one of the largest solar projects in Brazil and one of the few utility-scale projects to meet the FINAME accreditation criteria of the Brazilian Development Bank (BNDES). BNDES streamlines financing for projects that incorporate products compliant with FINAME’s local content and manufacturing requirements. Manufactured locally through parent company FLEX, NEXTracker NX Horizon is FINAME-compliant; its materials and components are manufactured and tested for quality assurance at a Flex facility in Brazil.
· India: On September 1 this year, NEXTracker announced it had delivered its NX Horizon technology to India’s largest solar tracker power plant, in collaboration with its customer, Adani Power Ltd. Located in the State of Punjab, the project is 105 MW.