Nextracker Unveils NX Foundation Solutions Enabling Solar “Anywhere”
09 September 2024 - 11:05PM
Business Wire
Combining industry-leading solar tracker and
advanced foundations technology, Nextracker delivers comprehensive
solutions to optimize solar development across all soil types
Nextracker (Nasdaq: NXT), a global leader in solar tracker
technology, today announced NX Foundation Solutions which includes
the introduction of NX Anchor™— a solar tracker foundation system
designed to optimize ground-mount solar project development across
a wide range of soil conditions. NX Anchor further expands
Nextracker’s solar foundations portfolio following the company’s
acquisitions of leading-edge foundation company Ojjo in June and
Solar Pile International’s foundations business in July. NX
Foundation Solutions enable quicker, safer, and more efficient
solar project development on a wide range of soil types for EPC and
developer customers.
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Innovative integration of foundation and
tracking technologies for solar power generation, making it
possible to land solar anywhere. (Photo: Nextracker)
NX Foundation Solutions also include a suite of services
comprising a team of experts providing geotechnical reviews,
on-site testing, foundation design, product selection, proprietary
equipment, and installation support. This new service offering
comprises drilling and pile driving equipment training, sales,
leasing, and support, including the Ojjo Truss Driver™. The Truss
Driver is a patented all-in-one drilling and pile driving machine
equipped with GPS, enabling speed and precision backed by proven
experience from driving more than one million foundation piles.
“We are thrilled to now offer comprehensive and innovative solar
foundation solutions to our customers and partners,” said Dan
Shugar, founder and CEO of Nextracker. “Delivering high quality,
cost-effective solutions that help to improve productivity, safety,
and accelerate project timelines, and enable light-on-land
construction practices are objectives of this program. NX
Foundation Solutions provide our developer and EPC customers with a
full range of technologies and services across a broad range of
soil types from rocky to soft, and virtually everything in
between.”
“Nextracker’s expansion into the foundation space helps reduce
the complexity and risk of our projects,” said Stephen Jones,
President of Renewables, Primoris Services Corporation. “Based on
our experience, Nextracker is offering value-added foundation
solutions for the industry as projects become increasingly complex
with challenging subsurface conditions. These solutions can
streamline the design, procurement, and installation process while
reducing the risk profile born by EPC contractors and developers.
We believe the industry will benefit.”
With the rapid growth of the solar industry in recent years,
more projects are being developed on sites that do not offer flat
land with ideal soil conditions. Depending on the project site,
Nextracker’s foundations can result in up to 50% less steel and up
to 70% shallower embedment depth than traditional pilings. This can
help lead to reductions in cost and schedule contingencies, lower
pile refusal and remediation rates during construction,
improvements in project development and construction timelines, and
a safer working environment while lowering the impact to native
soils, creating a “light on land” approach.
With over 100 GW of trackers and over 50 GW of compatible
foundations shipped, Nextracker’s new foundations portfolio is
designed to work seamlessly with its high performance solar
trackers, offering customers a cost-optimized integrated solution
that installs faster and minimizes risks when dealing with complex
soil conditions including expansive, soft, loose, rocky, or
frost-prone soil.
To learn more about Nextracker’s complete foundations portfolio
including NX Anchor, visit our NX Foundations.
Nextracker at RE+ 2024 | Booth C40038
You can also meet with 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
us for several speaker panels at the show including:
- Dan Shugar, Nextracker founder and CEO, 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 Cookie Cutter: Solar Project Design for Local
Need, 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 tracker, foundations, and software solutions used in
utility-scale and ground-mounted distributed generation solar
projects around the world. Our products enable solar PV power
plants to follow the sun’s movement across the sky and optimize
plant performance. With power plants operating in more than forty
countries worldwide, Nextracker offers solar tracker technologies
that increase energy production while reducing costs for
significant plant ROI. For more information, please visit
www.nextracker.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20240909270438/en/
Media: Kristan Kirsh media@nextracker.com
Investor Relations: Mary Lai investor@nextracker.com
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