Connect with us

Hi, what are you looking for?

CleanTechnica

Clean Power

North American 2015 Solar PV Tracker Market Led By NEXTracker

The North American solar PV tracker market increased by 135% to 5.5 GW in 2015, led by California-based NEXTracker.

According to IHS’ latest solar PV tracker rankings, the market grew by 135% year-over-year to see 5.5 GW shipped in 2015. This growth was led by NEXTracker, which saw its market share grow 22% over 2014, becoming the leading supplier of solar PV tracker technology in North America. Array Technologies fell to second spot, but still managed to increase unit shipments by a factor of 2.5, with the rest of the top 5 including First Solar, SunPower, and Sun Action Trackers.

“Leading module producers like First Solar and SunPower remained in the top five rankings in 2015, thanks to their large ground-mount utility-scale pipeline,” said Camron Barati, North America solar analyst for IHS Technology. “SunPower’s market share loss can be attributed to lumpiness of the company’s utility-scale development business, which greatly affected its single-axis tracker shipments.”

The top five single-axis tracker suppliers accounted for more than 90% of the market in 2015, and IHS is still expecting new entrants to intensify competition in 2016.

“Although the North American tracker market has traditionally been dominated by US suppliers such as NEXTracker and Array Technologies, European suppliers including Exosun, Clavijo, Ideematec, Soltec, and Optimum Tracker are also active and continuing to expand, which is adding some price pressure to the market,” Barati said.

IHS expects future mergers and acquisitions to grow in the next two years, as leading engineering, procurement, and construction companies seek to become more vertically integrated.

 
Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.
 
 

Advertisement
 
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

I'm a Christian, a nerd, a geek, and I believe that we're pretty quickly directing planet-Earth into hell in a handbasket! I also write for Fantasy Book Review (.co.uk), and can be found writing articles for a variety of other sites. Check me out at about.me for more.

Comments

You May Also Like

Clean Power

Like it or not, policymakers in some US states are unable to stem the solar power tide as Lightsource bp joins forces with leading...

Clean Power

Consumer attitudes towards domestic solar energy systems often pose barriers to widespread solar adoption. What can be done to help people understand the local...

Clean Power

Text version of video 2021 has been a year of ground-breaking discoveries and technology successes for the National Renewable Energy Laboratory (NREL). Below are...

Batteries

Rooftop solar is no longer for the well-to-do, but the income gap persists in home energy storage and that could skew participation in virtual...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.