Nextpower Saudi JV And Bisha Solar Deal Reshape Growth Story [Yahoo! Finance]
Array Technologies, Inc. (ARRY)
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Source: Yahoo! Finance
Nextpower (NasdaqGS:NXT) has formed a new joint venture, Nextpower Arabia, to pursue utility scale solar projects in Saudi Arabia and the wider MENA region. The venture has already secured a 2.25 GW solar tracking system contract for the Bisha Solar Project, a large project in Saudi Arabia. This represents a step in the company's expansion beyond its traditional markets into a major global hub for renewable energy projects. For investors watching NasdaqGS:NXT, the launch of Nextpower Arabia comes alongside a share price of $117.09 and recent stock moves, including a 132.2% return over the past year and 34.4% over the past 30 days. Those figures indicate that the market has been responding to the company's execution and project pipeline, with the Bisha Solar Project adding another large contract to that story. Looking ahead, the Saudi joint venture could influence how you think about Nextpower's mix of geographies and project types. As the company builds a track record in the
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Earnings
- 11/5/25 - Beat
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Sec Filings
- 12/3/25 - Form SCHEDULE
- 11/7/25 - Form SCHEDULE
- 11/5/25 - Form 10-Q
- ARRY's page on the SEC website