Nextacker to Open Solar Excellence R&D Center in Hyderabad, India | Technology

Facility goals to advance photovoltaic analysis and growth, testing, and workforce growth serving India and Middle East photo voltaic markets

HYDERABAD, India, October 01, 2024–(BUSINESS WIRE)–Nextracker (Nasdaq: NXT), a number one international supplier of clever photo voltaic trackers, foundations, and software program options, at present inaugurated India’s first Center for Solar Excellence (CFSE) in Hyderabad, India. Spanning throughout 13 acres this state-of-the-art facility will serve to advance photo voltaic tracker know-how, additional accelerating the area’s vitality transition.

The CFSE will characteristic a 30,000 sq. foot, state-of-the-art lab, a complete photo voltaic tracker set up, and coaching amenities encompassing the whole undertaking lifecycle—from structural, mechanical, and electrical design to development, operation, and upkeep. Working carefully with provide chain companions, clients, and third-party laboratories, Nextracker’s cross-functional crew of consultants shall be creating, testing, and commercializing proprietary applied sciences. CFSE overview video, here.

Commenting on the expanded R&D functionality, Nextracker President Howard Wenger, emphasised, “Nextracker is further deepening its commitment to developing solar technology in India with a new Center for Solar Excellence in Hyderabad. This state-of-the-art facility advances our ability to optimize our local customer’s needs into the product design. Today, Nextracker has over 35 reliable utility scale projects delivered and under fulfillment in India with over 5 GW of projects, and we have achieved 95% content under Make in India for our products. Through this new center, we aim to develop high performance solar trackers that significantly enhance energy capture, particularly during critical peak periods in the early morning and late afternoon.”

Shri Shripad Naik, Hon’ble Minister of State, Ministry of New & Renewable Energy, Government of India, commented on the event, “Nextracker’s Center for Solar Excellence is a forward-looking initiative that will help inform India’s clean energy journey. Through cutting-edge research and development, this center will drive innovation, making solar more affordable and accessible. As India strives to meet its ambitious 2030 renewable energy goals, R&D efforts like these are critical to ensuring the reliability and performance of our solar assets. This collaboration exemplifies how industry and government can work together to advance our renewable energy mission while protecting the environment and ensuring energy security.”

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The CFSE may even play a major position in fostering native workforce growth by delivering common PowerworX Academy installer coaching programs. Seasoned instructors will present cross-functional, hands-on instruction to regionally primarily based engineering procurement and development firms (EPCs) and third-party installers on photo voltaic tracker finest practices for design, set up, commissioning, software program, and operations and upkeep of superior PV tracker methods.

Speaking on this milestone, Rajeev Kashyap, Nextracker SVP and General Manager for India, Middle East and Africa, said, “High uptime of solar projects is extremely critical for our customers. We are committed to providing advanced technologies and services that help power plant owners, EPCs, and other stakeholders optimize the performance of their assets. By using local expertise and infrastructure, we aim to propel India and surrounding markets towards a cleaner, more sustainable energy future. Our focus is also to help develop a skilled workforce, bolster manufacturing capability in the region, and advance product and quality planning (APQP) training and skill development.”

Commenting on Nextracker’s Center for Solar Excellence, Subrahmanyam Pulipaka, CEO of the National Solar Energy Federation of India, stated, “Focused research and development of this nature is critical for India, not only to accelerate the deployment of solar energy but also to ensure that cutting-edge technology and high-quality standards are maintained throughout the process. The real-world testing and validation capabilities offered by Nextracker’s new facility will play a crucial role in driving the adoption of advanced solar solutions, ultimately contributing to the country’s renewable energy goals.”

Today, 95% of Nextracker's tracker elements are manufactured in India, supported by strong native partnerships that allow greater than 10 GW of annual manufacturing capability. Nextracker combines complete help—from on-site undertaking administration and engineering to the seamless supply of methods designed for fast set up—with superior software program, world-class tracker know-how, and robotic cleansing options to maximize efficiency.

Nextracker has two different R&D and test lab facilities in Northern California (headquarters) and in Sao Paulo, Brazil. In comparable dimension and scope, these amenities allow Nextracker to incubate and commercialize PV applied sciences, localized for regional wants and demand.

About Nextracker

Nextracker is a number one supplier of clever, built-in photo voltaic tracker, software program options and basis options used in utility-scale and distributed era photo voltaic tasks around the globe. Its merchandise allow photo voltaic panels to observe the solar’s motion throughout the sky and optimize plant efficiency. With vegetation working in greater than thirty nations worldwide, Nextracker affords photo voltaic tracker applied sciences that enhance vitality manufacturing whereas lowering prices for vital plant ROI. For extra info, go to Nextracker. Stay in contact with us: X, LinkedIn, Instagram, Facebook, YouTube.

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Contacts

Media:
Nirya Sharma (in India on behalf of Nextracker)
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Kristan Kirsh
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Investor Relations
Mary Lai
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