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.
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.
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.
