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.
Renewable Energy
Trump the Savior
What Noam Chomsky says here is spot on, especially with respect to Trump.
What makes Trump so good at this is his facility to invent a new boogieman every couple of days. Communism, Dr. Fauci, Venezuela’s drug boats, Iran, birthright citizenship, democrats, the damage done by previous presidents, the climate hoax, the Kennedy Center, the arch, the vandals at the Reflecting Pool, Black Lives Matter, Antifa, liberals in education, the Hollywood elite, unsafe vaccinations, trans people, a nuclearized Iran, massive voter fraud, Haitians eating our pets, Harvard, the ex-Fed Chairman, NATO, wind turbines, the far-left radicals, the election control people, the list goes on.
Then there are the near-daily outrages:
Turning Gaza into a luxury resort, annexing Greenland, curtailing environmental emission standards, usurping the Panama Canal, refusing to pay E. Jean Carroll, pardoning hundreds of violent convicted felons, accepting bribes for pardoning white collar fraudsters, insider trading, orchestrating deals that benefit his children, targeting Jack Smith, protecting ICE agents who commit murder/manslaughter, and leasing federal wilderness land for oil exploration
The more indefensible the better.
Renewable Energy
Women’s Rights
Is her point that there are countries that are even more repressive to women’s rights?
Does anyone disagree with that?
Renewable Energy
Trump’s Blaming Others Is a Big Part of His Charm
The words at left may seem obvious to you and me but realize that we live among tens of millions of people who are completely desperate to cling onto their beliefs that Trump is an honest and effective servant of the American people, however contrary to the evidence this may be.
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