The acquisition of P4Q brings Kinematics expertise in full-stack electronics, including the tracker control brand Suntrack.
Kinematics, a US-based intelligent motion control specialist, has signed a definitive agreement to acquire P4Q, a Spanish manufacturer of electronics for solar tracker controllers, industrial automation, sensors and cloud-based monitoring.
P4Q is maker of the Suntrack solar tracker controller (shown below), which the company says offers flexible integration and helps customers reduce LCOE and maximize energy yield production.
The Spanish company recently celebrated its 25th anniversarye anniversary and indicated that he expects a growth of 10% this year compared to 2023.
With the acquisition, Kinematics expands its capabilities and ecosystem, a spokesperson said pv magazine USA, as P4Q brings expertise in full-stack electronics. The acquisition will enable Kinematics to provide a complete motion technology solution for solar trackers, simplifying design integration and delivery for solar tracker OEMs worldwide.
The Kinematics spokesperson said repowering is an important market for the tracker solutions provider.
The organization will be headquartered in the US, with additional R&D centers in the US, Europe and APAC. The company also has six manufacturing centers and seven service centers strategically located around the world. P4Q employees will be retained as Kinematics explained that the acquisition aims to “combine the capabilities and expertise of both companies to create a unique supplier to the solar industry and as such there is no plan to reduce the workforce of both companies.”
Going forward, P4Q will now be known as Kinematics, but the Suntrack brand will remain.
Kinematics is a portfolio company of Angeleno Group, a long-standing venture capital and growth investment firm for clean energy and climate solutions based in the US.
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