Marco Garcia on PV module prices
From Nextracker’s Solar Tracker Innovations with Marco Garcia: RE+ 2024 Exclusive · · TaiyangNews - All About Solar
“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.”
On , Marco Garcia, Co-Founder & Chief Commercial Officer at NEXTRACKER INC, spoke about PV module prices during Nextracker’s Solar Tracker Innovations with Marco Garcia: RE+ 2024 Exclusive on TaiyangNews - All About Solar.
About Marco Garcia
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.