Racking

The new shareholder obtained business operations, and shares in the German solar PV company. This transition finalizes Schletter’s financial recovery.

U.S.-based tracker supplier Array Technologies took part in the panel discussion on bifacial technology at the Future PV Roundtable during Intersolar Europe last week. pv magazine caught up with panelist Caesar Alberte, VP International, to discuss the company’s new CEO and its work on bifacial tracking.

With the acquisition by Golden Square Capital, the Germany-based PV company can finalize the plans to improve its financial status. Providing a two-digit million figure, the investor ensures that product and business development units can improve their activity in the future. Yet, cutting jobs in Germany is inevitable.

While President Trump has a range of options, all likely scenarios seem likely to result in a modest increase in the cost of solar installations.

The pilot project will be developed over the next three years and will utilize standard PV modules. The consortium expects the solar array to have a 15% higher yield compared to traditional installations.

A report published by TÜV Rheinland, which was commissioned by tracker manufacturer, Array Technologies, shows that centralized tracker systems such as those offered by Array Technologies offer an LCOE advantage over other, decentralized system architectures.