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.”
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