Solar tracking technology leader Nextracker reaches a significant milestone of installing 10 gigawatts (GW) of solar trackers in India.
Nextracker Expands Operations in India to Support Solar Growth
Nextracker, a global leader in advanced solar technology solutions, has significantly increased its presence in India by establishing a new office and R&D facility in Hyderabad. This move is aimed at supporting the rapid growth of the solar market in the country.
The new Hyderabad office and R&D center will focus on solar tracker innovation and customer support, enhancing Nextracker’s capabilities in this sector. The facility will complement their existing R&D centers in Northern California and São Paulo, Brazil, marking their third R&D location globally.
Nextracker's 13-acre Center for Solar Excellence in India and a $1 million investment in local manufacturing underscore their commitment to innovation and domestic production. This commitment is evident in projects like the 305 MW ReNew solar project in Anantapur and over 1.5 GW of EPC partnerships.
With these expansions, Nextracker aims to maintain leadership in solar tracker technology while addressing the specific needs of the Indian market, aligning with national goals for clean energy growth. The company already employs over 400 people in India across engineering, manufacturing, and customer support roles, with 95% of its tracker components localized under the 'Make in India' initiative.
Subrahmanyam Pulipaka, CEO of the National Solar Energy Federation of India (NSEFI), commended Nextracker's investment in advanced manufacturing and its contribution to India's Atma Nirbhar Bharat vision in the renewable energy sector.
This press release contains forward-looking statements regarding Nextracker's operations in India and the adoption of renewable energy, including solar power, in India. Readers are cautioned not to place undue reliance on these forward-looking statements as Nextracker assumes no obligation to update them.
For investor inquiries, contact Sarah Lee. For media inquiries in India, contact Ishank Garg, Sowmya Sriram, or Brandy Lee. For more information about Nextracker, visit their website.
[1] Nextracker Press Release, "Nextracker Expands Operations in India," [Date], [Link] [2] Nextracker Press Release, "Nextracker Inaugurates Largest Office Outside the US in Hyderabad, India," [Date], [Link] [4] Nextracker Press Release, "Nextracker Surpasses 10 GW of Solar Tracker Deployments in India," [Date], [Link]
- The solar technology solutions provider, Nextracker, has bolstered its presence in India by opening a new office and R&D facility in Hyderabad, with a focus on solar tracker innovation and customer support.
- Nextracker's commitment to innovation and domestic production is showcased through their $1 million investment in local manufacturing and the establishment of a 13-acre Center for Solar Excellence in India.
- The company aims to maintain its leadership in solar tracker technology while addressing the specific needs of the Indian market, contributing to national goals for clean energy growth.
- Nextracker already employs over 400 people in India and has localized 95% of its tracker components under the 'Make in India' initiative.
- Subrahmanyam Pulipaka, CEO of the National Solar Energy Federation of India (NSEFI), has applauded Nextracker's investment in advanced manufacturing and its role in India's Atma Nirbhar Bharat vision in the renewable energy sector.
- This press release includes forward-looking statements regarding Nextracker's operations in India and the adoption of renewable energy, particularly solar power, in India.
- For more information about Nextracker, their investments, and partnerships, visit their website, or reach out to Sarah Lee for investor inquiries or Ishank Garg, Sowmya Sriram, or Brandy Lee for media inquiries in India.
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