NEXTracker Supplying 105 Megawatts of Axis Systems to GroSolar

By Justin Doom

(Bloomberg) — NEXTracker Inc., maker of systems that track
the sun for solar panels, won an order to provide groSolar with
equipment that can support 105 megawatts of capacity.

NEXTracker will deliver its systems over the next three
years, the companies said in a statement Monday. Terms weren’t
disclosed.

GroSolar intends to use the trackers on distributed-generation projects, beginning with a 2.4-megawatt system in the
U.S. Midwest, according to the statement.

For Related News and Information:
Nextracker news: 1236684D US <EQUITY> CN <GO>
Solar news: NI SOLAR <GO>
Bloomberg New Energy Finance: BNEF <GO>

To contact the reporter on this story:
Justin Doom in New York at +1-212-617-5908 or
jdoom1@bloomberg.net
To contact the editors responsible for this story:
Reed Landberg at +44-20-3525-7862 or
landberg@bloomberg.net
Tina Davis, Jim Efstathiou Jr.

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