NASDAQ:NXT News 12 November 2025 - 12 January 2026

Nextpower shares rose about 9% Monday after the company confirmed its Saudi joint venture and detailed plans for a Jeddah manufacturing facility targeting 12 GW annual solar tracker capacity by Q2 2026. The stock reached $99.70 before settling at $99.62. Partners plan to invest $88 million over two years. Traders await updates on orders and spending at the Jan. 27 earnings call.

FREMONT, Calif. — November 12, 2025. Solar‑tracker leader Nextracker Inc. has rebranded as Nextpower Inc., signaling a broader pivot from single components to a fully integrated energy‑technology platform. The move arrives alongside fresh long‑term targets and the launch of a power‑conversion systems (PCS) line slated to begin shipping in 2026. The Nasdaq ticker remains NXT. Business Wire Key takeaways What changed: from Nextracker to Nextpower Management says the new brand captures the company’s evolution “into a full‑platform provider” that connects hardware, software, and services across the design, build, and operate lifecycle of modern power plants. “Our customers want coherent, integrated