Nextracker, a global leader in intelligent solar tracker and software solutions, has reached a significant milestone by contracting for an annual manufacturing capacity of 10 gigawatts (GW) in India. This announcement aligns perfectly with Nextracker’s commitment to providing cutting-edge, locally sourced solar tracker technology solutions, further optimizing power generation in India’s burgeoning solar parks.
With a strong commitment to the “Make in India” initiative, Nextracker is manufacturing its solar tracker systems with over 80% domestic content, specifically designed for utility-scale power generation projects in India. This strategic move by Nextracker includes collaborations with eleven manufacturing suppliers boasting thirteen factories scattered across the country. This endeavor has created approximately 2,000 clean energy jobs, including more than 200 employees at Nextracker India. Beyond bolstering project execution timelines, Nextracker’s efforts promise energy supply security, reduced costs, job creation, and economic development.
Dan Shugar, Founder and CEO of Nextracker, expressed the company’s commitment to India’s renewable energy sector, stating, “Nextracker has firmly established our presence in India’s vibrant renewable energy sector, with over five gigawatts of systems under fulfillment or operational. As India transitions from coal-based power and sets its sights on achieving over 64% non-fossil fuel-based capacity by 2030, we are committed to serving our customers with the highest performing solar power systems to advance the nation’s goals for domestic content and decarbonisation.”
Nextracker is actively contributing to the advancement of India’s renewable energy sector by collaborating with prominent EPC (Engineering, Procurement, and Construction) companies such as Sterling and Wilson Renewable Energy, Amara Raja Infra Private Limited, and Rays Power Infra, along with established developers like NTPC. Solar power project deliveries and construction are already underway in various regions, including Karnataka, Gujarat, and Rajasthan, significantly bolstering India’s clean economy landscape.
Dwarakanadha Reddy, Business Head-Power at Amara Raja Infra Private Limited, shared his enthusiasm for the partnership with Nextracker, stating, “We’ve selected Nextracker’s cutting-edge technology to help unlock the full potential of solar power and accelerate India’s renewable energy objectives.”
Ketan Mehta, MD & CEO of Rays Power Infra, also highlighted the significance of their collaboration with Nextracker, saying, “Our partnership with Nextracker opens new horizons for solar energy in India. Beyond the numbers and capacity, this collaboration is about embracing technological excellence. Together, we are moving towards a sustainable and advanced India.”
Nextracker’s commitment to supporting India’s ambitious renewable energy goals, promoting domestic manufacturing, and creating clean energy jobs underscores its pivotal role in India’s journey towards a more sustainable and green future.
