Nextracker Chosen To Power Greece’s Largest Solar Project

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Nextracker has launched a new AI and robotics business initiative to enhance its solar technology solutions.

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Tax Credit Clarity Sparks Rally in Solar Stocks, First Solar Upgraded

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Nextracker will supply 1.5 GW of its NX Horizon-XTR and NX Horizon solar trackers for four utility-scale projects in Brazil developed by Casa dos Ventos.

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Nextpower raised its FY2026 outlook to $3.5B in revenue and $4.36 EPS, alongside authorizing a $500M share buyback, citing growth from joint ventures and product innovation.

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Nextracker has officially rebranded as Nextpower, marking its transformation from a solar tracking company into a comprehensive global energy technology platform.

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Global electricity demand is on track to surge nearly 30% by 2035, driven by electrification, data center expansion, and heating/cooling needs, according to Rystad Energy

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On the earnings call, CEO Andy Jassy said, “Trainium2 continues to see strong adoption, is fully subscribed, is now a multibillion-dollar business that grew 150% quarter-over-quarter.”

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Nextracker shares surged more than 12% in post-market trading after reporting stronger-than-expected Q2 earnings and revenue, raising its FY 2026 guidance, and announcing a new joint venture in Saudi Arabia

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Nextracker surged 9% to an all-time intraday high of $68.75 after Guggenheim upgraded the stock to Buy from Neutral, setting a $74 price target.

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Solar stocks rallied after the Trump administration issued federal tax credit guidance that was less punitive than the industry had feared.

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First Solar expected to benefit from steep U.S. anti-dumping tariffs on solar panel imports.

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