Trina Solar takes full control of Spanish tracker firm Nclave

Sep 16, 2020 12:12 PM ET
  • Trina Solar has actually taken full control of Spanish tracker system manufacturer Nclave, acquiring the remaining 49% stake in the company it did not currently possess.
Trina Solar takes full control of Spanish tracker firm Nclave
Image: Trina Solar

The deal follows Trina's initial purchase of a 51% rate of interest in 2018, permitting Nclave's smart tracker to turn into one of the core equipment products in Trina Solar's wise solar option, TrinaPro.

Founded in 2017 as a merger in between Grupo Clavijo and also MFV Solar, Nclave is experts in the design, production, installment as well as upkeep of repaired turns as well as solar trackers. To date, it has established more than 5GW of tasks and has a pipe of more than 2GW.

Trina stated the offer stands for an "important tactical growth" that will certainly improve its competition. Wu Qun, secretary of the Trina Solar board, added the combination of both business' modern technologies will certainly boost Trina's one-stop solutions along with the performance of its tracker items.


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