Trina Solar, a Chinese supplier of global solutions for the solar sector, has reached an agreement to acquire a controlling interest in Nclave. This agreement consolidates the strategic one signed this March between both companies, which was an engagement to jointly develop, commercialize and install integral solutions for the photovoltaic sector with Nclave’s advanced photovoltaic tracker.
This corporate transaction reinforces Nclave’s position in the photovoltaic tracker market; and boosts the company’s growth plans established in its strategic plan, increasing its already wide client portfolio and improving its global positioning.
Trina Solar Limited, founded in 1997, is one of the leading companies in the solar sector worldwide. Nowadays, the company is immersed in an ambitious transformation process with the aim of becoming one of the main suppliers of global solutions in the solar sector. The company´s leading position in the industry is based on innovation excellence, high quality products, vertically integrated capacities and an environmentally efficient responsible management.
This March and, on the year of the company’s twentieth anniversary, Trina Solar launched TrinaPro solution, offering an optimized integration of modules-trackers-inverter, with the objective of reducing the LCOE for photovoltaic installations. Nclave will design and integrate trackers and solar structures within TrinaPro intelligent solutions.
Nclave was founded by the Clavijo Family and integrated the company MFV in 2017 together with the participation of the fund Q-Growth. Nclave has over 12 years of experience in renewable energy sources, having provided more than 2.5 GW worldwide. It currently has its headquarters in Madrid (Spain), commercial offices in five continents and manufacturing facilities in Navarra (Spain).
Nclave is a leading company in the development, design, manufacturing, installation and maintenance of fixed structures and photovoltaic solar trackers, including dimensioning and implementing of all foundation solutions. Nclave offers the widest range of products in the market (fixed structures and single and multi row trackers with any configuration), being adaptable to all kinds of project through solutions with minimum investment cost; as well as operation and maintenance.
— Solar Builder magazine