Nextracker has announced that the company has achieved annual manufacturing capacity of 10 GW in India.
In a release, Nextracker said that it is producing its solar tracker systems with over 80 per cent domestic content for utility-scale power generation projects in India.
Nextracker’s strong local presence is evident through its collaboration with eleven manufacturing suppliers with thirteen factories located across the country, and the creation of approximately 2,000 clean energy jobs, including over 200 Nextracker India employees, the release noted.
With this strategic undertaking, Nextracker is not only accelerating project execution timelines but also ensuring energy supply security, lower costs, local jobs, and economic development.
“Nextracker has firmly established our presence in India’s vibrant renewable energy sector, with over 5 GW of systems under fulfilment or operational,” stated Dan Shugar, Nextracker founder and CEO. “As India transitions from coal-based power and sets its sights on achieving over 64 per cent 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 decarbonization.”
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Nextracker is actively advancing India’s renewable energy sector with prominent EPC companies such as Sterling and Wilson Renewable Energy, Amara Raja Infra Pvt Ltd, and Rays Power Infra, as well as established developers such as NTPC. Solar power project deliveries and construction are occurring in several regions including Karnataka, Gujarat, and Rajasthan to fortify India’s clean economy landscape.