NEXTracker remains global tracker market leader in 2018

Source: Wood Mackenzie Power & Renewables.

April 4 (Renewables Now) - NEXTracker and Array Technologies remained the two leading suppliers on the global solar tracker market in 2018 with shares of 30% and 12%, respectively, according to Wood Mackenzie Power & Renewables.

Shipments of photovoltaic (PV) trackers rose by 36% on the year and surpassed 20 GW, the energy consulting and research firm said. Latin America was the largest market for the technology for the second year in a row. It accounted for 5.85 GW of global shipments last year.

The Middle East and Australia recorded the highest year-on-year increases in tracker shipments at 96% and 74%, respectively.

More stories to explore
Share this story
About the author
Browse all articles from Tsvetomira Tsanova

Tsvet has been following the development of the global renewable energy industry for almost nine years. She's got a soft spot for emerging markets.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription