Nextracker has acquired Ojjo for $119 million, paying all-cash for the renewable energy company specializing in foundation technology and services used in utility-scale solar ground-mount applications.
Nextracker hopes to combine its tracker system with Ojjo’s foundation technology to offer EPCs and solar power plant developers to benefit from a solution for various soil conditions when developing, designing and installing their projects.
“We are thrilled to welcome Ojjo to Nextracker,” says Dan Shugar, founder and CEO of Nextracker.
“Our customers greatly value proven integrated solutions to improve project design, simplify procurement and reduce risk for their projects. This partnership builds on our successful product collaboration with Ojjo. Their team brings geotechnical products and expertise in foundation systems that are especially well-suited to rocky sites, with control system intellectual property that is broadly applicable to a range of equipment. This acquisition furthers our successful global tracker foundation business with next-generation, differentiated technology.”
The transaction closed this month, and is not expected to be material to fiscal 2025 results.
The post Nextracker Acquires Ojjo, Expanding Foundations Business appeared first on Solar Industry.
For those who struggle with elementary school arithmetic, Trump won the election (50%+ approval) out of more than 150 million votes cast, and now his approval rating is in the low 30s.
That’s ~30 million voters who regret their choices, out of the common American.
Add in the Tucker Carlsons of the world.
Absolutely.
It must be done, because our country is home to some hateful morons who want to see honest, hardworking, taxpaying people with brown skin deported, and their families torn apart.
It wasn’t the American way until recently, but it sure is now.
As shown at left, the United States is loaded with people who twist the facts to their liking.
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