Nextpower™, formerly Nextracker (Nasdaq: NXT) designs, engineers, and delivers an advanced energy technology platform for solar power plants, innovating across structural, electrical, and digital domains. Our integrated solutions are designed to streamline project execution, increase energy yield and long-term reliability, and enhance customer ROI. Building on over a decade of industry leadership, the company delivers intelligent power generation systems and services to meet rapidly expanding global electricity demand. Nextpower partners with the world’s leading energy companies to power what’s next.
Nextpower is the global leader in intelligent power plant infrastructure, offering a fully integrated platform of solar tracker systems, foundations, power conversion, performance-optimizing software, and electrical balance of systems (eBOS) solutions. Our field-proven independent row tracking architecture enables solar panels to follow the sun more efficiently, increasing energy production while simplifying installation and operations.
With a relentless focus on innovation, Nextpower’s platform incorporates advanced algorithms, machine learning, and AI-based control systems to adapt to real-time site conditions—from terrain and weather to module type—delivering quantifiable performance advantages. Our systems are engineered to enhance energy yield, reduce total project cost, and improve long-term reliability for utility-scale and distributed energy generation solar projects globally.
The result: more energy, lower LCOE, and greater confidence for developers, EPCs, asset owners, and investors in every region we serve.
Nextpower's corporate headquarters is located in the San Francisco Bay Area (Fremont, California).
Nextpower was co-founded in 2013 by our Chief Executive Officer, Dan Shugar and five other members of our leadership team.
Nextpower was incorporated in Delaware.
Nextpower stock is listed on NASDAQ under the symbol NXT
J.P. Morgan Securities, BofA Securities, Citigroup, and Barclays acted as joint lead book-running managers for the IPO. Truist Securities, HSBC, BNP PARIBAS, Mizuho, Scotiabank, and Key Bank acted as joint book-running managers, and SMBC Nikko, US Bank/BTIG, Unicredit, Craig-Hallum and Roth Capital Partners acted as co-managers for the proposed offering.
Nextpower’s Class A shares of common stock are listed and trade on the Nasdaq.
Nextpower’s independent auditors are Deloitte & Touche LLP.
Nextpower currently does not pay cash dividends on its common stock.
Nextpower’s transfer agent, Computershare, is available to answer questions about Nextpower’s stock. Computershare’s address is 150 Royall St, Suite 101, Canton, MA, 02021. U.S. telephone number: (800) 736-3001 U.S. Non-US telephone number: (781) 575-3100.
You can visit the SEC Filings section of our investor relations website.
You can reach Nextpower Investor Relations at investor@nextpower.com