Dan Shugar

Shug Speaks

Dan Shugar, NEXTracker CEO, Riffs on Tracker Innovation, Bifacial Panels and Getting Acquired by Flex

January 14, 2020

Read the full article published on PV Magazine here

While trackers for solar panels might seem a bit mundane, once you stumble into CEO Dan Shugar’s reality distortion field, trackers become kind of sexy.

By Eric Wesoff | January 14, 2020 

Dan Shugar, CEO of NEXTracker, is one of the old-school players in the rise of solar in the United States — he lives and breathes solar trackers.

pv magazine interviewed Shugar, took a tour of the firm’s tracker demonstration field and played some blues with the CEO. (Shugar’s a musician, I’m not.)

While single-axis trackers for solar panels might seem a bit mundane compared to a solar panel or an inverter, once you stumble into Shugar’s reality distortion field, trackers become kind of, well, sexy.

According to Wood Mackenzie, the tracker market grew 62 percent in 2019, reaching 23 gigawatts (DC) of installations — and the market will grow on average by 11 percent annually from 2019 through 2024.

According to WoodMacNEXTracker is the world’s leading tracker vendor, with one-third of the market by shipments in 2018. Other firms claim between 8 percent and 12 percent of the market each, including Array Technologies, PV Hardware, Arctech Solar and Soltec.