Nextpower Inc.

Nextpower Inc. is a leading global provider of solar and energy technology solutions for utility-scale power plants. Founded in 2013, the company pioneered and remains a global market leader in solar tracking systems. Nextpower delivers an integrated suite of structural, electrical, and digital solutions that cover the entire lifecycle of solar power plants, from design and construction to operations and maintenance. These integrated solutions aim to streamline project execution, increase energy yield and long-term reliability, and enhance customer return on investment. The solar tracker market is crucial for the global energy transition by increasing energy production and improving the levelized cost of energy. Most utility-scale projects installed in mature markets like the United States, India, Latin America, Australia, and parts of Europe utilize solar trackers. Adoption of this technology is also growing in developing solar markets such as the Middle East and Africa. Nextpower has developed next-generation solar trackers that allow rows to move independently. Their intelligent independent row tracking system incorporates proprietary technology designed to produce more energy, lower operating costs, simplify deployment, and offer greater reliability compared to linked row, other independent tracker products, and fixed-tilt systems. The company also offers TrueCapture®, an energy yield management system that addresses power production shortfalls caused by variable real-world site conditions. As of March 31, 2026, Nextpower has shipped more than 160 GW of its solar tracker systems to projects across six continents for use in utility-scale and distributed generation solar applications. Its customers include engineering, procurement, and construction firms, as well as solar project developers and owners.