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Combining industry-leading solar trackers and advanced foundation technology, Nextracker provides a complete solution to optimize solar development on all types of soil.
FREMONT, Calif. – Nextracker (Nasdaq: NXT), a global leader in solar tracking technology, today announced NX Foundation Solutions which includes the introduction of NX Anchor™— a solar tracking foundation system designed to optimize the development of underground solar projects in a variety of soil conditions. NX Anchor further expanded Nextracker’s solar foundation portfolio following the company’s acquisition of foundation company Ojjo in June and foundation business Solar Pile International in July. NX Foundation Solutions enabling faster, safer, and more efficient development of solar projects on various types of land for EPC customers and developers.
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NX Foundation Solutions also includes a suite of services that includes a team of experts who provide geotechnical reviews, on-site testing, foundation design, product selection, proprietary equipment, and installation support. This new service offering includes drilling and piling equipment training, sales, leasing, and support, including the Ojjo Truss Driverâ„¢. The Truss Driver is a patented all-in-one drilling and piling machine equipped with GPS, which enables speed and precision backed by proven experience from driving more than one million foundation piles.
“We are excited to now offer comprehensive and innovative solar grounding solutions to our customers and partners,” said Dan Shugar, founder and CEO of Nextracker. “Delivering high-quality, cost-effective solutions that help improve productivity, safety, and shorten project timelines, and enable lean construction practices on land is the goal of this program. NX Foundation Solutions provides developers and EPC customers with a variety of technologies and service on a wide variety of soil types from rocky to soft, and almost everything in between.
“Nexttracker’s expansion into the base space helps reduce the complexity and risk of our projects,” said Stephen Jones, President of Renewables, Primoris Services Corporation. “Based on our experience, Nextracker offers a foundational solution that adds value to the industry as projects become increasingly complex with challenging subsurface conditions. The solution can streamline the design, procurement, and installation process while reducing the risk profile borne by EPC contractors and developers .We believe the industry will benefit.
With the rapid growth of the solar industry in recent years, more and more projects are being developed on sites that do not provide flat land with suitable soil conditions. Depending on the project site, Nextracker foundations can produce up to 50% less steel and up to 70% shallower embedment depth than traditional piles. This can result in reduced costs and contingency schedules, lower levels of pile rejection and remediation during construction, improvements in project development and construction time, and a safer work environment while reducing the impact on the original soil, creating a “light on the ground” approach. .
With more than 100 GW of trackers and more than 50 GW of compatible foundations delivered, Nextracker’s new foundation portfolio is designed to work seamlessly with high-performance solar trackers, offering customers a cost-optimized integrated solution that installs faster and reduces risk when dealing with ground which is complicated. conditions include expansive soil, soft, loose, rocky, or frost-prone.
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To learn more about Nextracker’s full foundation portfolio including NX Anchor, visit our NX Foundation.
Nextracker in RE+ 2024 | Booth C40038
You can also meet our team of experts at RE+ 2024 where we will be exhibiting at the Anaheim Convention Center, September 9-12, to highlight our latest product offerings. You can also join a number of speaker panels at the event including:
- Dan Shugar, founder and CEO of Nextracker, Opening General Session: RE+ Today: Inclusive Innovation, from our Kitchen Tables to the Grid, Tuesday, 9/10 (California Ballroom, Hilton Anaheim, 9-10 am)
- QuickTalk: Anticipating the Future of Green Steel, Tuesday, 9/10 (208AB, Level 2, 11:30 am-12 pm)
- QuickTalk: Beyond the Cookie Cutter: Solar Project Design for Local Needs, Wednesday, 9/11 (208AB, Level 2, 1:30-2 pm)
- Trade Update: Navigating Impacts for the Clean Energy Industry, Wednesday, 9/11 (210CD, Level 2, 2:30-3:30 pm)
About Nextracker
Nextracker is a leading provider of intelligent, integrated solar trackers, foundations, and software solutions used in utility-scale and ground-mounted distributed generation solar projects worldwide. Our products enable solar power plants to follow the movement of the sun in the sky and optimize plant performance. With power plants operating in over forty countries around the world, Nextracker offers solar tracking technology that increases energy production while significantly reducing plant ROI costs. For more information, visit www.nextracker.com.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20240909270438/en/
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Media:
Christian Kirsh
media@nextracker.com
Investor Relations:
Mary Lai
investors@nextracker.com
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