Leap in third-quarter revenue reduces losses in a tough year for tracker maker Soltec
The Spanish company recorded more than half of its year-to-date revenue in the last quarter alone – and secured a 700 MW solar project capacity order in the U.S. in September – but still shed €100,000 in the last three-month window as its nine-month net losses hit €20 million.
Arctech Solar opens wind tunnel
The Suzhou-based tracker maker has opened a wind lab that can simulate speeds of up to 90m per second and will enable it to better advise customers on solar project design.
Grace Solar links six strings per motor with Linkage Tracker System
The tracker maker claims its product reduces the need for motors.
Esasolar launches solar tracker with four-string configuration
The Spanish tracking system manufacturer said the four-string configuration of the Esatrack M5-2V system allows all the modules of the same string to have the same solar exposure and to avoid losses due to low irradiation in the least exposed modules within the same connection line.
Array Technologies to raise $100 million in IPO
Array Technologies, a profitable solar-tracker company, is going public the old-fashioned way.
Emerging markets and innovation: Twin pillars of the solar tracker market
Global solar tracker shipments reached new record levels in 2019, exceeding 31 GW, up 55% year on year. Exceptional demand in the United States – as well as multiple gigawatt markets in Brazil, Mexico, Chile, Spain and Australia – helped propel the market to new heights, writes Cormac Gilligan, associate director at IHS Markit.
Solar trackers: Record 2017 shipments; up to 20 GW expected in 2018
Last year saw record levels of global solar tracker shipments, reports GTM Research. It forecasts even bigger growth in 2018, despite continued consolidation. NEXTracker held on to the top spot once again, while Latin America became the biggest market.
