The North American single-axis tracker market has increased by over 100%, year-over-year, to reach US$1.2 billion in 2015, and is forecasted to grow 20% to US$1.4 billion this year – according to new analysis by IHS.
Solar Frontier has expanded its portfolio of CIS (Copper, Indium selenium) thin-film module-based ‘PowerSets’ for residential rooftops, introducing the new ‘PowerSet Mini’ and ‘PowerSet Maxi’ to supplement its ‘PowerSet Turbo’ product offering. By expanding its PowerSet product line, the company is addressing growing demand for standardised PV systems that better suit various roof and system sizes.
NEXTracker has received certification for compliance with Brazilian domestic content rules for its manufacturing operations, opening access to favourable credit lines for the company.
US designer and builder of single-axis PV trackers, NEXTracker, ranked as the leading supplier of trackers in North America last year, raising its market share by 22% over 2014, according to IHS.
Despite preparing investors’ expectations for flat revenues in 2016, inverter maker SMA Solar Technology has reported an increase in sales for the first quarter and exceeded management expectations by more than €10 million (US$11.4 million).
Italian renewable energy firm Enertronica has acquired a US$7.98 million 6MW PV plant in Namibia, under a 25-year PPA with NamPower, at an initial value of US$1.37kWh.
Single-axis PV tracking systems specialist NEXTracker, acquired by contract manufacturer, Flextronics International (Flex) said it had reached the milestone of shipping a total of 3GW of tracker systems, globally.
SMA’s US$20 million investment in ‘smart module’ maker Tigo Energy could help the string inverter maker to meet much-debated fire safety standards that are likely to be introduced in the US, according to one industry analyst.
Unsubsidised, commercial solar-plus-storage projects of the type being executed in Puerto Rico could demonstrate how to overcome many of the challenges imminent for the world’s PV markets, according to one company with experience in the field.
First Solar has entered into a framework agreement with a subsidiary of Silicon Ranch, one of the US’ leading solar project developers, to supply 230MW worth of modules for future projects.
