NEXTracker Inc. has signed an agreement with India’s PES Engineers to supply 400 megawatts of solar equipment for the Indian market.
NEXTracker is a manufacturer of single axis solar trackers whilst PES Engineers is an engineering and construction firm. Over the next three years, the two companies will deliver trackers and installation services to major construction projects throughout the subcontinent. The first project under the agreement will ship next month to central India.
“PES is delighted to be partnering with NEXTracker as a key component of our solar strategy,” said Vasudeva Prasad, Managing Director of PES. “After reviewing favourable third-party evaluations of NEXTracker’s technology, we found the self-powered tracker to be ideal for maximizing the energy production potential of solar sites throughout India. Its independent row architecture and self-powered design will help us deploy more photovoltaics to a wider variety of sites in less time – for less cost. We will also benefit from NEXTracker’s core competencies including system design, commissioning, and O&M support.”
“PES is a highly experienced, visionary EPC with a 23 gigawatts track record of delivering incredibly complex power engineering projects. They have shown consistent leadership in adopting next generation technologies,” said NEXTracker CEO Dan Shugar. “We’re excited to partner with PES to jointly help developers maximize the profitability of solar power projects. India has the potential to be one of the world’s largest solar markets and we are thrilled to be expanding our presence there.”