Growing Solar Demand in Southwest U.S. Prompts
Second Factory Built in Less Than a Year
Nextracker (Nasdaq: NXT), a global market leader in solar
tracker and software solutions, and Unimacts (UNX), a leading
provider of industrial manufacturing and supply chain solutions,
today jointly announced a new factory in the Las Vegas area.
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Unimact’s steel line worker preparing
critical steel components for solar power generation projects in
the southwestern U.S. (Photo: Nextracker)
This is the second Nextracker-dedicated manufacturing line that
Unimacts has opened in the last year. The new, 160,000-square-foot
facility in Sloan, Nevada, produces steel torque tubes used to hold
and rotate solar panels in solar power plants. The two factories
will support more than 2 GW of new solar power each year,
equivalent to the energy used by 400,000 U.S. homes.
With the Sloan factory, Nextracker continues its drive to
reshore manufacturing to meet growing solar and renewable energy
demand. The company has opened or expanded over 20 U.S.
manufacturing facilities since 2021, including new or expanded
dedicated production lines in Texas, Arizona, Pennsylvania,
Illinois, Tennessee and Nevada.
“In partnership with Nextracker and Unimacts, Copia Power is
building a renewably powered future. The transition to clean energy
in America can be built with American-made products and constructed
with local tradespersons, and that is the type of economic growth
we are seeing here today,” said Ryan Galeria, Copia Power, chief
development officer. “Copia is proud to supply reliable, clean
and affordable renewable power to millions of Americans in the
coming years.”
“American manufacturing has quickly become the heartbeat of the
clean energy revolution,” said Dan Shugar, founder and CEO of
Nextracker. “There is a trifecta of perfect conditions for this
manufacturing renaissance: a terrific workforce, a great localized
clean steel industry, and strong demand for renewable energy. Over
the last three years, Nextracker has operationalized over 20
factories, catalyzing thousands of jobs. This is what growth and
scaling look like.”
“Unimacts is proud to play a role in providing key components
and supply chain management, which is enabling the energy
transition,” said Alan Hayes, CEO of Unimacts. “The federal
incentives allow us to confidently invest in U.S. manufacturing,
provide manufacturing jobs in Nevada and growth in the local
economy. Having inaugurated our first Nevada site for solar
component production in Las Vegas just nine months ago, we’re
pleased to be once again partnering with the Nextracker team,
expanding clean energy manufacturing capacity and contributing to
local jobs.”
“Today’s announcement is a great example of clean power driving
an American manufacturing renaissance in Nevada and across the
United States. Creating and expanding supply chains here at home
strengthens America’s energy security, creates good-paying jobs and
boosts the economy. These new manufacturing facilities also
exemplify the key role of American technology in creating a clean,
reliable, and affordable grid,” said Jason Grumet, CEO of
American Clean Power.
ACP estimates that the IRA will help create 550,000 new clean
energy jobs – more than doubling the current clean energy
workforce. As a result, the clean power industry will support a
direct workforce of nearly one million Americans by 2030.
Nextracker and Unimacts held a dedication event to announce the
new line at the Sloan Las Vegas facility today. Attendees included
Dwayne McClinton, Director of Energy Office at Nevada Governor’s
Office; Whitney Muse, Senior Policy Advisor, Office of Clean Energy
Innovation and Implementation (OCEII), The White House; Ryan
Galeria, Chief Development Officer at Copia Power; Jason Grumet,
CEO of American Clean Power; Richard McMahon, Senior Vice President
of Energy Supply & Finance and Chief ESG Officer at Edison
Electric Institute; Asheesh Bhalla, General Counsel &
Chief Risk Officer, Nevada Clean Energy Fund (NCEF); Alan Hayes,
CEO at Unimacts; and Dan Shugar, Founder and CEO at Nextracker.
The new factory brings the company’s annual domestic solar
tracker capacity to over 30 GW. The Southwest region has incredible
solar resources, with Texas, California, Arizona, Nevada, Utah, and
New Mexico all ranking in the top 13 states for projected solar
growth.
About Nextracker
Nextracker is a leading provider of intelligent, integrated
solar tracker and software solutions used in utility-scale and
ground-mounted distributed generation solar projects around the
world. Our products enable solar panels power plants to follow the
sun’s movement across the sky and optimize plant performance. With
power plants operating in 40 countries worldwide, Nextracker offers
solar tracker technologies that increase energy production while
reducing costs for significant plant ROI. For more information,
please visit www.nextracker.com.
About Unimacts
Unimacts is a leading global contract manufacturing and supply
chain solutions company with a focus on renewable energy, as well
as construction equipment and industrial products. Unimacts has
developed asset-light sourcing solutions to supply highly specified
mechanical products and provide complementary logistics support,
design for manufacturing, inventory management, and near-customer
warehousing. Unimacts supplies solar tracker components (torque
tubes, solar piles, drives, etc.), wind turbine components
(fabrications, castings, fiber-reinforced plastics, etc.), and
other industrial products (electro-mechanical assemblies, castings,
fabrications, etc.). For more information, please visit
https://www.unimacts.com/.
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version on businesswire.com: https://www.businesswire.com/news/home/20240618375390/en/
Media Contacts Kristan Kirsh +1.650.814.1273
kkirsh@nextracker.com
Alex Petersen (on behalf of Nextracker) +1.203.313.7699
Alex@tigercomm.com
Investor Relations Mary Lai investor@nextracker.com
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