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Home » News » Solar » Nextracker Acquires Solar Pile International for USD 48 Million
Solar

Nextracker Acquires Solar Pile International for USD 48 Million

By Patrick VaughnAugust 6, 20241 Min Read
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Credit: Solar Pile International
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US-based solar tracker manufacturer Nextracker Inc has acquired Hong Kong’s Solar Pile International (SPI) for approximately USD 48 million (EUR 44.2 million). The acquisition, disclosed during Nextracker’s first-quarter financial results for fiscal year 2025, was completed on July 31. SPI, which specializes in piling solutions for ground-mounted solar farms, provides technology suitable for challenging soil

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