Trina Solar Closes On Tracker Firm Acquisition As Part Of Strategic Change

Silicon Module Super League(SMSL) member Trina Solar has completed the purchase of Spanish PV tracker and mounting firm, Nclave as the SMSL moves to become a global smart PV solution provider.

Trina Solar noted that its recently launched TrinaPro smart PV solutions will directly incorporate Nclave’s tracker products and engineering designs, while Nclave’s tracker and fixed mount technology would also be integrated into Trina Solar’s smart solutions portfolio.

Nclave was the 8th largest tracker firm with 4% global market share in 2017, according to GTM Research. Financial details of the purchase were not disclosed.

In a series of announcements in March the company also announced its plans to sell electricity.