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.
Here, Trump urges voters to “cheat like hell” to help the Republicans win the 2026 primaries.
I have never understood how anyone, regardless of how unintelligent and mean-spirited, could vote for Trump. Now, this whole concept is even harder to grasp.
There are many countries around the globe whose people have a deep and honest concern for the wellbeing of their planet and its civilization. As shown at left, Costa Rico is most certainly among them.
Perhaps you live in such a nation. I sure wish I could say that I did.
The United States has too many greedy billionaires and too many hateful idiots.
It was just 25 years ago that the whole world embraced the United States and shared our grief after 9/11.
We’ve taken all that kinship and discarded it as if it were a soiled paper towel.
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