U.S. single-axis solar tracker market grew 100% in one year

By Steven Bushong North American single-axis tracker market revenues increased by over 100%, year over year, to reach $1.2 billion in 2015, according to a report from IHS Technology. The market is forecast to grow 20% to $1.4 billion in 2016.
Analyst Camron Barati attributed the impressive growth to three primary factors:
Numerous leading EPC companies and developers switched rapidly from using fixed-tilt structures to single-axis trackers, as they sought to improve energy yield of systems and lower the levelized cost of energy (LCOE), in spite of the higher upfront costs. As a result, major leading suppliers, particularly in the United States, expanded production of

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