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Nextracker - NXT STOCK NEWS

Welcome to our dedicated page for Nextracker news (Ticker: NXT), a resource for investors and traders seeking the latest updates and insights on Nextracker stock.

Nextracker (NXT) is a global leader in intelligent solar tracking systems and integrated software solutions for utility-scale renewable energy projects. This page provides a centralized hub for all official company announcements, financial updates, and strategic developments.

Access real-time insights into Nextracker's operational milestones, including earnings reports, technology innovations, and partnership announcements. Investors and industry professionals will find verified updates on product launches, market expansions, and sustainability initiatives shaping the solar energy sector.

Our curated news collection covers essential categories such as quarterly financial results, new project deployments, engineering advancements in solar tracking technology, and executive leadership updates. Each release is sourced directly from the company to ensure accuracy and timeliness.

Bookmark this page for streamlined access to Nextracker's evolving role in advancing solar energy efficiency worldwide. Check back regularly for critical updates that demonstrate the company's impact on renewable energy infrastructure and cleantech innovation.

Rhea-AI Summary
Nextracker unveils suite of next-gen innovations at RE+ 2023 tradeshow, including Hail Pro, NX Horizon XTR-1.5, and Zonal Diffuse
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NXT: Nextracker Inc. and Asteelflash/USI Announce Grand Opening of U.S. Manufacturing Line. The joint investment in the facility is a multi-million-dollar project that will create new jobs and boost local economic growth. The manufacturing line in Fremont, CA, will produce Nextracker's patented self-powered controller (SPC) and high voltage power supply, key components for the company's solar tracking technology. The company aims to serve domestic and international demand by expanding its production capacity. With over 10 new U.S. production facilities opened in the past year, Nextracker is positioning itself as a leader in the solar industry.
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Leeward Renewable Energy (LRE) and Nextracker have signed a Volume Commitment Agreement (VCA) to deliver three gigawatts (GW) of Nextracker's NX Horizon™ smart solar tracking system to LRE solar projects. This agreement furthers their commitment to advancing the U.S. supply chain and domestic manufacturing. Nextracker's technology will enhance energy production and resilience of LRE's solar portfolio. The agreement emphasizes job creation and U.S.-made manufacturing of renewable energy projects.
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Nextracker Inc. announces its first quarterly earnings as a public company, highlighting the strong market demand for its solar solutions. The company signed or announced notable global projects, including the Stubbo solar power plant in Australia, solar plants in Mexico and Brazil with Atlas Renewable Energy, the Garnacha solar power plant in Spain, a project in Khavda, India, the Double Black Diamond solar project in Illinois, and a multi-year supply agreement with Strata Clean Energy for projects in Texas, Arizona, and Virginia. Nextracker completed FY23 with revenue of $1.9Bn and a backlog of $2.6Bn.
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Nextracker announces FY 2023 revenues of $1.9 billion, up 30% YoY. Backlog grows to a record $2.6 billion, a 90% YoY increase. FY 2024 outlook: Revenue $2.1-2.3B, GAAP Net Income $175-205M.
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Nasdaq:NXT

NXT Rankings

NXT Stock Data

5.79B
140.04M
0.42%
110.16%
5.79%
Solar
Search, Detection, Navagation, Guidance, Aeronautical Sys
Link
United States
FREMONT