SolFocus, Inc. has acquired Inspira, S.L., a privately owned solar tracker company based in Madrid, Spain. Inspira will operate as a wholly owned subsidiary of SolFocus and will continue to market products under its own name. With established global supply chain management and low-cost manufacturing facilities, SolFocus will enable Inspira to drive down the cost of solar trackers.
“As one of Inspira’s major customers, we have first-hand experience with its tracking technology,” said Gary D. Conley, SolFocus CEO. “SolFocus will provide the resources to move Inspira to low-cost, volume manufacturing with a strong emphasis on reliability to provide the best possible customer value. From an industry standpoint, this move is a major step forward in reducing the cost of CPV and ultimately achieving grid parity for solar.”
“We believe this deal, which will provide high-accuracy trackers at a reasonable cost, will be a key element in enabling the anticipated growth of the solar industry,” said Ignacio Luque-Heredia, founder of Inspira.
Inspira has developed the industry’s most precise and stable tracker controllers, devices that orient flat-plate and concentrated photovoltaic panels toward the sun. Not only is tracking a key element in CPV systems, flat-plate tracking has also become widely recognized for providing dramatic increases in energy output increasing yield by up to 40%.
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