16MW project to be one of the largest tracker installations to date in Mexico
FREMONT, Calif., March 30, 2015 /PRNewswire/ – NEXTracker, designer and manufacturer of the world’s most advanced single axis PV trackers, announced today the shipment of advanced single axis trackers to leading Mexico-focused developer Buenavista Renewables (BVR). Located in Chihuahua state, BVR’s 16MW (DC) ‘Los Santos’ power plant will deliver electricity to a large cable manufacturer and a private educational network via long term power supply agreements executed pursuant to Mexico’s self-supply law.
“We are proud to be the first developer to deploy NEXTracker’s advanced horizontal tracking technology in Mexico,” said José Ruiz, CEO of BVR’s Mexican operations. Mr. Ruiz added: “Bankability and speed are key concerns for our projects and we were impressed with NEXTracker’s proven ability to execute on very large projects in other Latin American countries. NEXTracker’s highly experienced team supported us throughout the design process and optimized our site layout for maximum power capacity and performance.”
“Horizontal tracking is particularly well suited to conditions in Mexico, and we are excited to be partnering with BVR, one of the leading developers in this burgeoning market,” said NEXTracker CEO Dan Shugar. “Many project sites in Mexico pose layout constraints, and NEXTracker’s independent row design provides a tremendous amount of design flexibility. This enables developers to fit up to 30% more PV per site, maximizing investment in land and fixed development costs for superior financial returns.”
In addition to greater design flexibility, NEXTracker’s wide rotational range provides a significant energy yield gain and enables PV systems to take full advantage of the high ground reflectance typical of project sites in Mexico. With fewer foundations and assembly points than other tracker designs, NEXTracker helps to mitigate geotechnical risk and accelerates project completion. NEXTracker also employs expert local teams to assist customers through all project phases and provide responsive post-commissioning support.
About NEXTracker, Inc.
NEXTracker (www.NEXTracker.com) offers a significant breakthrough in horizontal tracking, with lower costs, better performance and more flexibility for solar power plants of all sizes. These benefits increase solar project profits for developers, EPCs and system owners. Leveraging world-class design and installation expertise, NEXTracker has delivered trackers for dozens of projects in sizes exceeding 80MW, across multiple continents. Headquartered in Fremont, California, NEXTracker is one of the fastest growing clean technology companies.
About Buenavista Renewables
Buenavista Renewables (BVR) is a greenfield renewable energy development company focused on emerging markets and select island economies, with a particular emphasis on Mexico. BVR develops bankable utility-scale renewable energy power plants aimed at providing both environmental benefit and savings for off-takers. BVR maintains offices in Houston, Shanghai, and Mexico City.