Overview
- At a Capital Markets Day event, the company unveiled the Nextpower name to reflect a broadened focus on full utility-scale solar solutions.
- Management reaffirmed FY26 guidance and outlined targets of $4.8 billion to $5.6 billion in revenue by FY30, with roughly one-third expected from non-tracker sales.
- Nextpower said its domestically developed power conversion systems are in customer pilots with a goal of project-level shipments in 2026.
- The company detailed recent capability buildouts, including acquisitions of Ojjo for foundations, Origami Solar for steel frames, and robotics and AI assets such as OnSight Technology, SenseHawk IP and Amir Robotics.
- Its portfolio now spans trackers, module frames, eBOS, software, robotics and services, and the company reports its trackers represent 150 GW of projects globally.