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Nextracker to Inaugurate India’s R&D Center for Solar Excellence in Hyderabad
Facility aims to advance photovoltaic research and development, testing, and workforce development serving India and Middle East solar markets HYDERABAD,
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Facility aims to advance photovoltaic research and development, testing, and workforce development serving India and Middle East solar markets HYDERABAD, India--(BUSINESS WIRE)-- Nextracker (Nasdaq: NXT), a leading global provider of intelligent solar trackers, foundations, and software solutions, today inaugurated India’s first Center for Solar Excellence (CFSE) in Hyderabad, India. Spanning across 13 acres this state-of-the-art facility will serve to advance solar tracker technology, further accelerating the region’s energy transition. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240930556809/en/Nextracker Inaugurates Center for Solar Excellence in Hyderabad, India (Photo: Nextracker) The CFSE will feature a 30,000 square foot, state-of-the-art lab, a comprehensive solar tracker installation, and training facilities encompassing the entire project lifecycle—from structural, mechanical, and electrical design to construction, operation, and maintenance. Working closely with supply chain partners, customers, and third-party laboratories, Nextracker’s cross-functional team of experts will be developing, testing, and commercializing proprietary technologies. CFSE overview video, here. Commenting on the expanded R&D capability, Nextracker President Howard Wenger, emphasized, “Nextracker is further deepening its commitment to developing solar technology in India with a new Center for Solar Excellence in Hyderabad. This state-of-the-art facility advances our ability to optimize our local customer’s needs into the product design. Today, Nextracker has over 35 reliable utility scale projects delivered and under fulfillment in India with over 5 GW of projects, and we have achieved 95% content under Make in India for our products. Through this new center, we aim to develop high performance solar trackers that significantly enhance energy capture, particularly during critical peak periods in the early morning and late afternoon.” Shri Shripad Naik, Hon’ble Minister of State, Ministry of New & Renewable Energy, Government of India, commented on the development, “Nextracker’s Center for Solar Excellence is a forward-looking initiative that will help inform India’s clean energy journey. Through cutting-edge research and development, this center will drive innovation, making solar more affordable and access...