solar-tracker

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Solar Trackers Can Boost Annual Energy Output by Up to 30%: Interview

The large-scale deployment of trackers has been a key growth driver for India’s solar energy sector and has supported the country’s transition to renewables by improving...

June 10, 2026

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Melvin Mathew

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Inverters & BOS

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Solar
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Strong US Demand Pushes Nextpower’s FY 2026 Revenue Up 20%

U.S.-based solar tracker firm Nextpower reported revenue of $880.5 million in the fourth quarter (Q4) of the financial year (FY) 2026, a 4.7% year-over-year (YoY)...

May 14, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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MacLean-Fogg Acquires OMCO Solar

Family-owned U.S.-based manufacturing enterprise MacLean-Fogg has announced its acquisition of OMCO, the parent company of U.S. solar tracker and fixed-tilt racking...

February 27, 2026

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Staff

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Solar
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Array Technologies’ Revenue Drops 17.8% in Q4 2025, Net Loss Widens

U.S.-based solar tracker company Array Technologies’ fourth quarter (Q4) 2025 revenue dropped 17.8% year-over-year (YoY) to $226 million from $275 million. The revenue,...

February 27, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Solar Tracker Company Nextpower’s Revenue Rose 34% YoY in Q3 FY 2026

U.S.-based solar tracker firm Nextpower reported revenue of $909 million for the third quarter (Q3) of the financial year (FY) 2026, a 34% year-over-year (YoY) increase...

January 29, 2026

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Melvin Mathew

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Finance and M&A

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Solar
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Nextracker Beats Earnings Estimates in Q3 FY25, Raises 2025 Profit Outlook

U.S.-based solar tracker firm Nextracker has reported a net profit of $115.28 million in the third quarter (Q3) of the financial year (FY) 2025, a 178.48% year-over-year...

January 31, 2025

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Melvin Mathew

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Finance and M&A

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Solar
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India’s Top Five Utility-Scale Solar Tenders in 2024 [Infographics]

Tenders amounting to about 70 GW were issued for developing utility-scale solar projects in 2024. Here is a list of top utility-scale solar tenders from the year: #1 The...

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Designing Resilient Solar Trackers for Highly Corrosive Geographies

Solar tracker technology has advanced considerably in the past decade. Trackers play an important role in helping the world transition to cleaner energy sources. They...

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Project Delays Hit FTC Solar’s Revenue in Q2 2024, Loss Widens

U.S.-based solar tracker systems provider FTC Solar‘s net loss for the second quarter (Q2) 2024 was $12.2 million, up 17.3% from a net loss of $10.4 million in Q2...

August 9, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Nextracker Q4 Net Income Soars 710%, Revenue Up 42% on Robust Demand

Solar tracker firm Nextracker‘s fourth-quarter revenue jumped 42% to $737 million in financial year (FY) 2024 from $518 million last year, reflecting robust demand...

May 16, 2024

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Arshreet Singh

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Finance and M&A

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Solar
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FTC Solar Expects Revenue Rebound as Q1 2024 Losses Shrink

U.S.-based solar tracker systems provider FTC Solar‘s net loss narrowed to $8.8 million during the first quarter (Q1) of 2024 from a loss of ₹11.8 million a year...

May 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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FTC Solar Q4 2023 Net Loss Narrows by 45.3% YoY to $11.2 Million

U.S.-based solar tracker systems provider FTC Solar’s net loss for the fourth quarter (Q4) in 2023 amounted to $11.2 million, an improvement of 45.3% year over year...

March 14, 2024

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Gautamee Hazarika

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Markets & Policy

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Solar
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Nextracker’s Q3 Revenue Up 38% YoY on Higher Deliveries in US

Solar tracker firm Nextracker reported a 38% year-over-year (YoY) jump in its revenue for the third quarter (Q3) of the financial year (FY) 2023-24, helped by higher...

February 5, 2024

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Arshreet Singh

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Finance and M&A
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India’s Top Five Solar Tenders in 2023 [Infographics]

According to Mercom India Research, nearly 51 GW of solar tenders were floated in 2023. Here is a curated list of top solar tenders from the year: The largest tender...

December 28, 2023

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Gautamee Hazarika

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Mercom Research Focus

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Solar

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Tenders & Auctions
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Soltec Power Holdings Gains Momentum as Q2 Losses Drop by 50%

Solar tracker manufacturer Soltec Power Holdings recorded a net loss of €4.8 million (~$5.05 million) during the second quarter (Q2) 2023, a year-over-year (YoY)...

September 28, 2023

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Gautamee Hazarika

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Markets & Policy

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Solar

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