Today we acquired Ojjo, Inc., a solar foundation technology and product platform that we have collaborated with for many years. Ojjo’s initial product family is a patented killer app for putting solar foundations on rocky sites with a single touch, where the same machine drills, blows out dust, and drives a screw pile into the rock in a unified operation – resulting in a pile at exactly the right location and orientation. The integrated functionality minimizes construction equipment traffic and disturbance to solar sites which is an increasing requirement for construction permits across jurisdictions. Ojjo’s architecture employs a truss system that can reduce the total steel material and weight of the foundation by up to half, a significantly preferred solution from cost, logistics, and environmental impact perspectives. Ojjo’s world-class technology and operations team, led by industry veterans Charles Almy, Steve Kraft, and Ian Capsuto have successfully commercialized this innovation, which has been proven on 8 utility scale projects from 70 MW to almost 1 GW, in extremely challenging sites. Ojjo has multiple repeat EPC and owner customers, which validates its practicality. In addition to a proven product for rock, the Ojjo team brings control system intellectual property that is broadly applicable to a range of machines to support other foundation solutions. Since founding Nextracker Inc., we have provided foundation design services and materials on multiple continents, delivering scores of GWs. This acquisition furthers our successful global tracker foundation business with next gen differentiated tech. Customers value proven integrated solutions to improve project design, simplify procurement, and reduce risk for their projects. Ojjo solutions will be offered with Nextracker’s NX Horizon™ integrated solar tracker systems and advanced software solutions and will continue to be available to customers for use with other compatible solar trackers. Thank you, outgoing Ojjo CEO Mike Miskovsky and founder Jack West for your leadership and contributions to growing this fantastic company. NXT is excited to expand our solution set to our valued customers for this next phase of growth! Shug more info: https://lnkd.in/gK3G8xvD Stephen Jones #solar Mike Gammill #construction James Healey #pv Adam Larner George Hershman Joe Bartell #EPC Kyle Welch Richard Beck, Eric Stieb, Michelle Yeldell Trent Mostaert Darren Pence Randy Dentinger, John P. Giardino Mike Russell.
Honored and excited to have Ojjo, Inc. joining forces with the Nextracker Inc. juggernaut, Daniel Shugar. We couldn't imagine a better, more innovative, faster-growing, more mission- and culturally-aligned home for our team and technology. And thanks for the many contributions from your senior staff (looking at you, Bruce Ledesma, Howard Wenger, Marco Miller, Sol Hutson, Dave Bennett, Nacho Redondo, Jake Morin, P.E., Alexander Au, Yves Figuerola, Chuck Boynton, Jonathan Eastwood, Lance Turner, Léah Schlesinger, Kristan Kirsh, Jim Ackerman, Jason Henry, and so many others), who showed us what real professionalism, urgency and attention to detail look like in a transaction of this kind. Can't wait to see what our now-combined organization can achieve in the years ahead. Onward!
Charles Almy
3w
Our teams have accomplished so much at Ojjo, but we see this as just the beginning. Now we can really scale, open up previously unworkable sites and optimize structural design. Thank you Dan Shugar and Howard Wenger for seeing what we can accomplish together. And thank you Ojjo team for all your hard work to enable this marriage.
Steve Kraft
3w
Thanks, Daniel Shugar, Howard Wenger, and Bruce Ledesma for believing in the Ojjo product and team, and for supporting us over the life of our company. I've got so much respect and admiration for you and your team, and for all you've accomplished over these many years. Your drive and ability to create huge momentum in the industry has been and is still inspiring! The whole Ojjo team is tremendously excited to be joining with Nextracker, and I am personally both excited and grateful to be a member of your team again!
Kym Plotkin
3w
Congratulations Dan & NXT team! A great step in the right direction, to open up new challenging sites and advance solar cost efficiencies even further. And very importantly, taking the lead in providing a huge 50% CO2 emissions reduction from steel production & freighting, for solar foundations.
Ian Capsuto
3w
We are honored and humbled to be joining the Nextracker Inc. universe! Congratulations to the entire Ojjo, Inc. team who have worked so tirelessly to build this technology and company! And thank you to Dan and your team at Nextracker for your work and vision to make this possible!
Congrats to Nextracker on acquiring Ojjo! Honestly, the real gems here are Steve Kraft and Charles Almy. Their talent and vision are invaluable. Getting Ojjo is just the icing on the cake. Excited to see what amazing things you all accomplish together!
Beyond thrilled to be a part of the Nextracker Inc. powerhouse! Even more eager to witness the #innovative solutions created to address our #customers' needs and to work towards consistently achieving high-level #execution with our AMAZING #team! #OneTeamOneDream #PowerOfThePeople
Nice move once again Nextracker Inc.! Keep it going!! Congratulations!
Daniel Shugar Great news and timely acquisition for Nextracker Inc. Great add and great technology!
Guitarist, Inventor
3wDaniel Shugar: First, congrats on building such an amazing and inspiring company, Nextracker. It is an honor to hand you the keys to Ojjo. And huge THANK YOU for seeing the potential of my idea when we first talked about Ojjo over 5 years ago, for partnering with us early to enable compatibility, and now for seeing the awesome power of combining forces. This has been a fantastic journey so far, and I’m incredibly excited about where it will go from here. And to everyone at Ojjo, Inc., huge THANK YOU for the years of hard work to turn that dream I had into something real and of significant value to the solar industry and the planet. I’m deeply honored by your dedication to Ojjo and to making the world a better place.