NEXTracker, Inc., a Flex company, the global leader in solar tracker technology, announced that it has attained the number one global market share position for the second consecutive year among photovoltaic (“PV”) solar tracker manufacturers in 2016. According to GTM Research’s upcoming Global PV Tracker Landscape Report 2017, NEXTracker captured 30 percent of the global PV tracker market share by megawatts (MWdc) shipped in 2016.
Scott Moskowitz, senior analyst at GTM Research, reports that NEXTracker grew its lead of the global tracker market from 24 percent to 30 percent, with specific market share lead in India, Asia Pacific, Chile, and Australia. The Company’s products have been installed in more than 11 countries with a total of 7.4 GW of NX Horizon PV systems sold.
“This milestone furthers NEXTracker’s global leadership position,” said NEXTracker CEO Dan Shugar. “We’ve been able to achieve this position by continuously listening to customers and incorporating their objectives of more energy, lower cost and high reliability into the product. By applying data science to our smart and connected PV systems, we can maximize energy yield and optimize operations. Through our parent company, Flex, we have been able to quickly expand in complex markets like India and Brazil.”
The report finds that NEXTracker, in addition to capturing the number one global market share, also led the U.S. tracker market capturing 41 percent of 7,385 megawatt (MWdc) shipments. The Company also continued to make headway in Asia-Pacific, particularly India and Australia, as the leader in those markets.
Recent NEXTracker global milestones include:
Last month, NEXTracker was also named the number one leading supplier of global PV tracker market share systems and a leading supplier of PV structural equipment by IHS Research. According to IHS Markit, the Company continues to retain its lead in shipped products among distributed and centralized tracker systems.
NEXTracker | http://www.nextracker.com