Solar Businesses Forge Latin American Alliance to Further Solar Industry Growth in the Region

Conergy and NEXTracker Launch the Latin America and Caribbean Solar Alliance

Solar Businesses Forge Latin American Alliance to Further Solar Industry Growth in the Region

MIAMI, FL / FREMONT, CA - SEPT. 10 , 2015 - Today, Conergy, one of the largest and most experienced downstream solar companies operating globally, and NEXTracker, the worlds fastest-growing solar tracking company, launched the Latin America and Caribbean Solar Alliance (LASCA). The alliances mission is to spur initiatives among solar industry professionals doing business in Latin America and the Caribbean and present a unified voice to advance solar industry goals. LACSA members have deep roots in Latin America and strong government ties; the coalition aims to initiate and support policies that further solar deployment.

"This alliance is launching right when it is truly needed," said Senior Solar Analyst Adam James of GTM Research. "Latin America has had triple-digit growth rates for the last three years, with expected compounded annual growth rates doubling Europe, Asia Pacific, and North America out to 2020."

LACSA will spearhead four main activities: sponsoring ongoing Latin America-focused solar events across the globe; underscoring practical knowledge from Latin America experts at solar industry conferences; facilitating online knowledge and content sharing forums; and conducting education and advocacy.

"LACSA will be a terrific springboard for all of us doing business in Latin America and the Caribbean," said Marco Garcia , Chief Commercial Officer of NEXTracker. "This is an extraordinary time for solar growth in Latin America; the PV pipeline is huge. LACSA will enable us to be proactive - collaborating to sow the seeds for solar to flourish in the region. We look forward to active industry participation thatll bring broader PV deployment to fruition."

"Latin Americas solar market is poised for rapid growth and sophistication," said Andrew de Pass, CEO of Conergy. "After winning 60MW in Brazils large auction last month, Conergy has received lots of inquiries within the industry. Were excited for this timely launch and to be at the forefront of fostering industry collaboration with NextTracker."

LACSA has a nine-person board that will direct, organize and promote ongoing initiatives, as well as determine clear goals for the solar industry to spearhead in the Latin America and Caribbean region - that spur greater PV deployment.

The first LACSA event took place at InterSolar North America in July of 2015, drawing more than 80 solar professionals for networking and a panel discussion by solar industry leaders with decades of experience in the region. The video recapping the event is being unveiled today and can be viewed here.

The second LACSA panel event will take place at SPI 2015, with Adam James of Greentech Media as moderator, at the Industry Trends booth on Tuesday, September 15 from 1-2pm at Solar Power International in Anaheim, CA. All solar professionals and journalists and are invited to register and attend.

About Conergy
Conergy is one of the world's largest downstream solar companies, specializing in the design, finance, build and operation of high-performance solar systems for homes, business, and utilities around the world. Founded in 1998, the company has pioneered the expansion of solar power globally and, today, combines industry-leading solar PV experience with access to capital across five continents. Conergy is privately held and majority-owned by Miami-based asset management firm Kawa Capital Management, Inc. For more information, visit www.conergy.com .

About NEXTracker, Inc.
NEXTracker , designer and manufacturer of the worlds most advanced single axis PV trackers, offers a significant breakthrough in horizontal tracking, with lower costs, better performance and more flexibility for solar power plants of all sizes. These benefits increase solar project profits for developers, EPCs and system owners. Leveraging world-class design and installation expertise, NEXTracker has delivered trackers for dozens of projects, across five continents. Headquartered in Fremont, California, NEXTracker is one of the fastest growing clean technology companies. Follow us on Twitter @NEXTracker.