Profitable solar tracker company Array Technologies is going public the old-fashioned way and eschewing the SPAC method being employed by other renewable companies such as QuantumScape and ChargePoint. Did we mention the company was profitable?
The 1 GW fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park in Dubai will feature NX Horizon trackers with the deal announced after the manufacturer published new bifacial yield gain claims.
Also in the brief: Nextracker to supply Shanghai Electric with more than 1 GW of trackers, plus Enel X, LG Chem and Smart Charge Hawaii.
With $32 million in series B funding and an ever-growing project pipeline, air-based tracker startup, Sunfolding, is hoping to increase its hold in the tracker market with tech that’s simple, light and can be installed on terrain previously thought untouchable.
Terabase wins a $6 million Round A led by SJF Ventures, an early funder of Nextracker, for an integrated software platform to make building utility-scale solar more efficient, smarter and cheaper.
Also in this morning’s brief: Outback Power partners up for home resiliency, the top 10 global solar developers — plus NextEra is ready to construct Eagle Mountain, a 1,300 MW pumped storage project that is fully permitted and shovel-ready.
The 1.1-GWdc Misae comes equipped with Texas brio in the person of Dr. Miguel Alejandro Oneto, a radiologist by training and solar developer by calling. He’s developing the massive project in the Texas panhandle along with LAE American Energy.
In their first interview with the press, Ojjo CEO Helena Kimball and CTO Jack West talk about the “scaling moment” for utility-scale solar and the drive to innovate.
Also in the brief: Berkshire Hathaway Energy subsidiary NV Energy goes full-on solar-plus-storage, and single-axis tracker analysis.
Longroad CEO: “There is definitely not an oversupply of tax equity.”
Project Suppliers: First Solar modules, Nextracker trackers and inverters from Power Electronics
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