Co-Founder & Chief Commercial Officer, Nextracker
Search every verified Marco Garcia interview, podcast appearance, and on-the-record quote — each transcript cross-checked by AI and human review to confirm speaker identity. Marco Garcia, co-founder and chief commercial officer of Nextracker, has discussed the company’s market position and product developments in several 2024 interviews. At RE+ 2024, he stated that Nextracker has maintained the number-one global solar tracker market share for nine consecutive years. He attributed this to a focus on key markets worldwide and to innovations including foundation solutions for various soil types, a low-carbon tracker, and software that he said improves energy yield by 20 to 25% over fixed-tilt systems. Garcia also noted that the company has established over 20 factories in the United States to supply projects within a one-day truck drive. In a September 2024 interview at the Energyear Italy Congress, Garcia said Nextracker has shipped 85 GW of trackers globally and holds a 30% market share. He highlighted the company’s work in Italy, including a 70 MW agrivoltaic project in Pontinia that combines solar generation with farming. Garcia described the Italian permitting process as the greatest challenge in that market, while expressing support for increased renewable energy and energy independence in the country. In earlier remarks from 2022, he emphasized Nextracker’s commitment to local content in Saudi Arabia and the Middle East, and in a 2015 panel he advocated for long-term partnerships and cost reduction to enable solar growth in Latin America.
“One of the reasons we're able to maintain our leadership in the global tracker market share is that we're focused on all the key tracker markets around the world, including the United States, Latin America, Europe, the Middle East, India, and Australia.”
“In the financial model, your tracking system is going to give you 20 to 25% more energy annually, and with bifacial modules, the benefits of trackers over fixed tilt have increased, making it a financially driven decision especially at utility scale.”
“Thanks to climate change, we're seeing much more extreme weather events, so we've designed a tracker that is resilient long-term with high availability tracking on sun as much as possible despite wind and hail events, especially in hail-prone areas like Texas.”
“We've set up over 20 factories in the United States to bring our products closer to project sites, aiming to be within one day truck drive from any solar project in the US, which helps us maintain leadership and secure long-term relationships with asset owners through volume commitment agreements.”
“We produce locally not only in the United States but also in Brazil, India, Europe, Australia, and Saudi Arabia, providing local jobs and domestic content to participate effectively in key markets worldwide.”
“We have launched a low carbon tracker in the United States, which comes at a slight premium due to higher steel costs, but customers requiring sustainability in their portfolios find the economics make sense.”
“Lower PV module prices are good for the photovoltaic industry, making solar more available for residential and commercial applications, and despite reduced module prices, tracker demand remains high because of the 20 to 25% annual energy gain.”
“We continue to innovate with software to maximize energy production, improve availability, avoid shading, perform in weather events, and stay on sun tracking as many hours of the day as possible while protecting the tracker.”
“With our new foundation business, including the acquisition of Ojo, we provide foundation solutions for hard rock and softer soils, using less steel tonnage for stronger foundations, helping EPCs and asset owners optimize tracker installation early in the project cycle.”
“We founded the company in 2013 so 10 years ago and we are now up to 85 GW of trackers shipped around the world. We're the number one solar tracker supplier globally, maintaining 30% global tracker market share eight years in a row since 2015.”
“One of the reasons Nextracker continues to grow are the relationships that we're building with the long-term asset owners specifically around continued energy production optimized energy production. We have a true capture software that eliminates shading during backtracking hours and improves performance during diffuse...”
“The XTR product, the extreme terrain following product, allows solar trackers to follow the terrain north to south, minimizing earthworks and grading required before installation. This innovation is important as more projects in Europe are on challenging sites with undulations.”
“We now have over 250 megawatts of utility scale projects in Italy. One exciting project is with Setto Generation in Pontinia, an agrivoltaic project combining solar energy production with farming, providing jobs for disadvantaged people through a local farming co-op.”
“The Italian market deployed 3.5 GW of solar in the first nine months of 2023, which is significant growth. However, the challenge is getting tracker projects permitted, as the permitting process in Italy is complex and lengthy.”
“The permitting process is certainly the greatest challenge in the Italian market. The timeline to achieve all the permits required to begin construction on a tracker project tends to be longer than in other countries.”
Join us as Marco Garcia, Chief Commercial Officer of Nextracker, discusses the latest advancements in solar tracking technology, ...
Interview with Marco Garcia. Chief Commercial Officer and Co-founder of Nextracker, in a collaboration between Review Energy ...
Need another proof point that solar is rapidly expanding its global presence? Then look no further than the world's largest oil ...
The project lifetime of utility-scale solar power plants is extending beyond 30 years and this is largely due to lower O&M costs, new technologies and smart software. With the integration of software such as Nextracker’s TrueCapture™ yield enhancing technology and NX Navigator™ control and monitoring platform, operators and owners are able to control with greater precision and lower their True Cost of Ownership (TCO) substantially. Hear NX Global Services subject matter experts present data, wind design strategies, and case studies from around the world – and learn how you can Future Proof yo…
The featured panel of experts included: Nico Johnson (Conergy), Marco Garcia (NEXTracker), Sergio Blanco (Conergy), and ...
Sign in to search the full transcript archive, filter by topic, and access every quote from Marco Garcia.
The summary and quote tags on this profile are produced with AI assistance from verified, first-person interview transcripts, then checked by our team to confirm the speaker's identity and the accuracy of every quote. See how we verify →