Trina Solar has recently announced its acquisition of the world’s leading solar tracker manufacturer, Nclave Renewable S.L.
This is an important move for the PV industry in which enterprises tend to emerge through new factories and investments, leaving an insignificant role for acquisitions.
As a large module-based PV company, Trina Solar’s decision to acquire a tracker company with a recognized scale and excellent technological R&D should be regarded as an important step in the strategic expansion of the enterprise.
This announcement comes shortly after the launch of TrinaPro smart Photovoltaic (PV) solutions (“TrinaPro”)— an integrated solution comprising of Trina Solar’s modules, industry leading inverters and Nclave’s trackers— on the Global PV market in March 2018.
With TrinaPro, Trina Solar is taking the lead in evolving into a brand in the world of energy IoT (Internet of Things). Its acquisition of Nclave would further accelerate the strategic pace of Trina Solar’s transition from a leading PV module supplier to a global smart PV solution supplier.
Following this acquisition, Nclave will become an independent subsidiary of Trina Solar and retain its original team members and brand.
Both parties will combine powerful research in modules and trackers technology to meet the demands of the users, adapt to various scenes, increase their power-generating capacities, as well as reduce the LCOE of ground and floating projects