Nextracker (NXT) closed the most recent trading day at $85.83, moving 2.47% from the previous trading session.
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| Electronic Equipment, Instruments & Components Industry | Information Technology Sector | Daniel S. Shugar CEO | NASDAQ (NGS) Exchange | 65290E101 CUSIP |
| US Country | 1,300 Employees | - Last Dividend | - Last Split | 9 Feb 2023 IPO Date |
Nextracker Inc. is a globally recognized energy solutions company specializing in the provision of solar tracker and software solutions for both utility-scale and ground-mounted distributed generation solar projects around the world. Founded in 2013 and headquartered in Fremont, California, the company has established a strong presence in the renewables sector, offering innovative tracking solutions that enhance the efficiency and productivity of solar installations. Nextracker Inc. leverages advanced technology to address the complex challenges faced in deploying solar energy systems across varied terrains, thus significantly contributing to the increased adoption of renewable energy sources worldwide.
A leading solar tracking solution offered by Nextracker Inc., NX Horizon is designed to maximize energy capture by adjusting the angle of solar panels in relation to the sun's position. This single-axis tracker is known for its reliability and efficiency, making it a popular choice for large-scale solar installations.
NX Gemini stands out as a unique two-in-portrait format tracker, capable of holding two rows of solar panels along its central support beam. This innovative design optimizes land use and enhances the energy yield, specifically tailored for sites with spatial constraints.
Addressing the challenges of uneven and sloped terrains, the NX Horizon-XTR is a terrain-following tracker that expands the feasibility of installing solar trackers on challenging sites. Its flexibility enables the deployment of solar panels in locations previously considered unsuitable, thereby broadening the scope of solar energy projects.
TrueCapture is an advanced monitoring and control software solution that boosts power plant performance. It dynamically adjusts tracker algorithms to correct for shading and diffuse light conditions, thereby increasing overall plant output. TrueCapture exemplifies Nextracker's commitment to enhancing the efficiency of solar projects through smart technology.
NX Navigator is a sophisticated software tool designed to mitigate risks associated with extreme weather conditions. It allows for precise control over the tracker systems, ensuring optimum equipment health and availability. This software solution empowers operators to maintain and optimize solar plant operations against environmental challenges.