Silicon Ranch executed a supply agreement with manufacturer Nextracker to deliver 1.5 GW of its single-axis tracker structures for a portfolio of projects through 2024.
The agreement increases the domestic supply of single-axis trackers — secures American-made products using U.S. steel supply, supports job creation, cuts the carbon footprint of its supply chain and reduces logistics risks.
“Despite severe disruption to global supply chains and other pressures facing the solar industry, Silicon Ranch remains committed to maintaining our 100% track record for successful project delivery,” said Reagan Farr, Silicon Ranch co-founder and CEO. “This agreement with Nextracker not only helps us keep our promises to our customers, but also enables us to decarbonize our supply chain and support additional investments in American manufacturing. We have grown our business through the power of collaborative partnerships, and we are thrilled to expand our relationship with Nextracker as we accelerate our growth strategy across the US.”
Both companies have recently announced additional commitments to increase domestic manufacturing and lower the carbon impact of production. In April, Silicon Ranch arranged a supply agreement with First Solar 4 GW of thin-film solar modules. Over the last two months, Nextracker commissioned new manufacturing facilities in Texas and Arizona.
“We are so impressed with Silicon Ranch’s differentiated development model which exemplifies community engagement, and win-win solutions for ranching and agriculture to benefit from solar, not only financial investors selling power,” said Dan Shugar, Nextracker founder and CEO. “We have listened to Silicon Ranch’s needs and modified our products to add more value to their applications. Connecting their demand to more domestic steel and manufacturing capacity results in more jobs with cleaner steel and optimized logistics.”
News item from Silicon Ranch Corporation
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