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Nextracker Delivers First 100% Domestic Content Solar Trackers to U.S. Market
Company Sets New Standard for American Manufacturing, Job Creation, and Supply Chain Resilience FREMONT, Calif.--(BUSINESS WIRE)-- Nextracker (Nasdaq: NXT),
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Company Sets New Standard for American Manufacturing, Job Creation, and Supply Chain Resilience FREMONT, Calif.--(BUSINESS WIRE)-- Nextracker (Nasdaq: NXT), a global leader in solar tracker technology, today announced it has shipped and delivered the industry’s first U.S.-manufactured solar trackers in the United States which are expected to achieve 100% domestic content value for solar trackers under the Inflation Reduction Act (IRA).1 The first project to receive these domestic content trackers is SB Energy’s Pelican’s Jaw project. The 570 MW solar and 954 MWh storage project is currently under construction by SOLV Energy. This supply chain localization milestone reaffirms Nextracker’s industry leadership and commitment to American manufacturing and jobs, while providing operational excellence for customers and partners. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20241210396428/en/Nextracker Founder and CEO, Dan Shugar speaking at steel manufacturing plant opening. Critical steel components used in Nextracker's solar trackers are fabricated at this Las Vegas Unimacts facility. (Photo: Nextracker) Nextracker began investing in local manufacturing infrastructure in 2021 to establish a secure supply chain following disruptions during the global pandemic. Together with its manufacturing partners, the company has now expanded or opened more than 25 U.S. factories with over 30 GW of annual capacity. Nextracker’s robust local supply chain significantly reduces lead times with top quality products, providing customers with superior performance, shipping logistics and flexibility throughout construction and the entire project lifecycle. “Delivering the industry’s first trackers with 100% domestic content value is a huge milestone for our customers, our supply partners, and Nextracker,” said Dan Shugar, Nextracker founder and CEO. “It demonstrates our ability to ramp and scale operations that directly benefit our customers—and sets a new standard for local supply chain resilience and operational excellence. By systematically focusing our manufacturing partnerships close to our customer project sites, we secure the supply chain and provide superior on-time delivery and cost savings for project development and construction. We also significantly de-carbonize our products by incorporating clean steel ma...