Silicon Ranch inks 1.5 GW supply deal with Nextracker

Wright solar power plant used Nextracker’s NX HorizonXTR solar tracker. Source: Nextracker

Silicon Ranch, one of the nation’s largest independent power producers, and Nextracker, a provider of integrated solar tracker and software solutions, have announced a master supply agreement (MSA) to deliver 1.5 GW of Nextracker’s solar tracker technology to Silicon Ranch projects through 2024, with options to expand as Silicon Ranch’s portfolio grows.

Both companies agree to increase domestic supply and promote low-carbon production methods through the MSA. The emphasis on securing American-made product—using US steel supply—enables Silicon Ranch to support US manufacturing and job creation, improve the carbon footprint of its supply chain, and reduce volatility and logistics risks.

“Despite severe disruption to global supply chains and other pressures facing the solar industry, Silicon Ranch remains committed to maintaining our 100% track record for successful project delivery,” said Reagan Farr, Silicon Ranch co-founder and CEO. “This agreement with Nextracker not only helps us keep our promises to our customers, but also enables us to decarbonize our supply chain and support additional investments in American manufacturing.”

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Nextracker will be the only customer of the steel production line at Steel Dynamics, Inc.’s new facility in Corpus Christi, Texas. JM Steel will manage the line. (Courtesy: Nextracker)

Both companies have made new commitments to increase domestic production and reduce carbon emissions.

In April, Silicon Ranch announced an agreement with First Solar to supply 4 GW of advanced, responsibly-produced thin-film solar modules, enabling Silicon Ranch to improve the carbon footprint of its module supply while supporting additional investment in US manufacturing capabilities.

Over the last two months, Nextracker commissioned a new manufacturing facility in Texas, and another in Phoenix. Together, the new manufacturing lines bring Nextracker’s domestic production capacity to 10 GW.

Silicon Ranch, Nashville, pioneered utility-scale, solar in the Southeast. They were the first to build large-scale solar farms in Tennessee, Georgia Mississippi and Arkansas. Since its inception, Silicon Ranch has successfully commissioned all of its projects. The company is also proud of its commitment to long-term ownership and operation of each project in the portfolio. Silicon Ranch currently owns, operates and maintains over 150 solar generating plants in 15 states, from New York to California. Earlier this year, Silicon Ranch completed a $775 million equity raise led by Manulife Investment Management.