Nextracker develops solar tracking technologies, including the NX Horizon™ and NX Horizon-XTR™, designed to optimize energy production on uneven terrain while withstanding extreme weather conditions. Their systems enhance return on investment for solar projects by increasing energy yield and reducing operational costs.
Funding
$85M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Solar power plants often face challenges related to uneven terrain, extreme weather conditions, and the need to maximize energy production while minimizing operational costs. Traditional fixed-tilt systems may not be optimal for sites with complex topography or regions prone to severe weather events like hailstorms.
Solution
Nextracker provides advanced solar tracking solutions designed to optimize energy yield and reduce costs for utility-scale solar projects. Their NX Horizon™ and NX Horizon-XTR™ trackers utilize independent-row architecture and terrain-following capabilities to maximize energy capture on challenging sites. The company's software and control systems, including TrueCapture™ and NX Navigator™, enable real-time monitoring, yield optimization, and weather risk mitigation. Nextracker also offers comprehensive foundation solutions and global services to support project development and long-term performance.
Target Audience
Nextracker's primary customers include solar project developers, engineering procurement and construction (EPC) companies, and asset managers responsible for utility-scale solar power plants.
Features
- NX Horizon™: Flagship tracker designed for high performance and ease of installation
- NX Horizon-XTR™: All-terrain tracker that conforms to complex site topography, reducing earthwork and installation costs
- TrueCapture™: Advanced yield-optimization software that dynamically adjusts tracker angles based on site-specific conditions
- NX Navigator™: Monitoring and control platform for real-time performance insights and proactive maintenance
- Hail Pro™: Hail-stow feature to mitigate risk of damage from extreme weather events
- Independent-row architecture: Allows for flexible design and optimized energy capture
- Low Carbon Tracker: Solar tracker with a reduced carbon footprint