Trina Solar has successfully closed the acquisition of Spain-based Nclave Renewable S.L. This is the first time that a Chinese solar company has acquired a solar tracker producer outside of its home market, accelerating Trina Solar’s strategic transformation from a leading PV product supplier to a global smart PV solution provider. The acquisition also marks another solid step toward Trina Solar’s strategic transformation into an enterprise focused on the development of alternative renewable energy solutions that work in concert with the Internet of Things ecosystem.
With the acquisition, Trina Solar’s latest TrinaPro smart PV solutions will directly incorporate Nclave’s tracker products engineering designs, while Nclave’s leading-edge technologies will also be deeply integrated into Trina Solar’s smart solutions.
Nclave was founded by the Clavijo Family 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 manufacturing facilities in Navarra (Spain).
Nclave is a leading company in the development, design, manufacturing, installation maintenance of fixed structures photovoltaic solar trackers, including dimensioning implementing of all foundation solutions. Nclave offers a wide range of products (fixed structures single- multi-row trackers with any configuration), being adaptable to all kinds of project through solutions with minimum investment cost, as well as operation maintenance. Its design for core parts structures have received multiple international patents.
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