California Dreaming: Dr. Torsten Brammer speaks with Howard Wenger in The Solar Journey podcast
Dive into the transformative world of solar energy with Howard Wenger, President of Nextracker, in the latest episode of The SolarΒ ...
Director & President, Nextracker
Search every verified Howard Wenger interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Howard Wenger, president of Nextracker, said on the podcast "The Solar Journey" that the company had shipped 100 gigawatts cumulative in 11 years, with over 1,000 employees and about $2.5 billion in revenue in the last fiscal year. He stated that Nextracker has localized production with over 80 manufacturing facilities worldwide, achieving 100% domestic content in the US and over 65% in Europe. Wenger expressed mixed feelings about efforts to diversify the solar supply chain away from Chinese manufacturers, noting that Chinese companies have driven costs down. He described interconnection approvals as the biggest bottleneck to US solar growth, citing a queue of about 2.5 terawatts. Wenger said the solar industry needs to grow tenfold to match the size of the oil and gas industry to achieve the energy transition. He noted that the Inflation Reduction Act is fast-tracking renewables in the US with incentives across the value chain. Wenger also discussed Nextracker's acquisition of BrightBox to bring AI and machine learning capabilities to its software, and contrasted US and German corporate cultures, stating that US companies are more willing to acquire others for expertise or market access.
“We just celebrated shipping 100 gigawatts in the company. NextTracker was founded in 2013, so we have shipped now cumulative in 11 years 100 gigawatts, which is just an amazing feat for any company to do.”
“We have over 1,000 employees now in the company. Last fiscal year ended March 31, we had about 2.5 billion US dollars in revenue, with two-thirds of that revenue in the US and one-third outside of the US.”
“We have localized production with over 80 manufacturing facilities worldwide. In the US, we can hit 100% domestic content, and in Europe, more than 65% local production. Localization has been accelerated by the pandemic, not just the Inflation Reduction Act.”
“I have mixed feelings about efforts to diversify the solar supply chain away from Chinese PV cell and module makers. The Chinese companies have scaled massively and driven costs down, which has been very good for mainstreaming solar globally.”
Dive into the transformative world of solar energy with Howard Wenger, President of Nextracker, in the latest episode of The SolarΒ ...
We're kicking off Season 2 of The Solar Journey with solar industry leader Howard Wenger, President of Nextracker!
Sign in to search the full transcript archive, filter by topic, and access every quote from Howard Wenger.