Solar tracker sector grows 40% in Brazil

The solar tracker market showed a significant increase in Brazil. According to the “Global Solar PV Tracker Market Share 2021” report, published by British consultancy Wood Mackenzie, the segment increased from 1.992 MW of installed power in 2019 to 2.788 MW in 2020 – a growth of 40%, even in the midst of the pandemic of Covid-19.

Among the companies that stood out in this sector is STI Norland – recognized as the main supplier of trackers in Brazil and Latin America, according to the survey. The Spanish company went from 39% market share in the country to 70% last year, leading the ranking for the second consecutive time. This status extends to the entire southern hemisphere.

In Latin America, the Spanish company doubled its share compared to the previous year, rising from 17% in 2019 to 35%, and reached 5th place in the world ranking of the main companies in the sector. “Last year was undoubtedly one of the years in which we faced the most challenges, worldwide and in all aspects. But from the beginning, we designed strategies with what was within our reach and focused on continuing our deliveries. The result was very positive and we managed to get through this year exceeding our expectations,” said Javier Reclusa, CEO of STI Norland.

With its eight branches around the world, STI was responsible in 2020, for example, for supplying 3.102 MW of its equipment for solar plants. The increase was 99% compared to the previous year, during which 1.558 MW of solar trackers were supplied.

Reclusa highlighted that these results were achieved due to the efforts made by the team and the growing interest of the world population in this type of energy source. “We will continue to maintain the pace to offer everyone who has realized the potential of solar photovoltaics as a renewable source”, concludes the executive.