Nextpower Arabia to Supply 2.25 GW of Smart Solar Trackers to L&T for ACWA Power Consortium’s Bisha Solar Project
Nextpower Inc. - Class A (NXT)
Company Research
Source: Business Wire
First landmark project to be fulfilled through newly formed Nextpower Arabia joint venture; localized production to support Saudi National Renewable Energy Program RIYADH, Saudi Arabia--(BUSINESS WIRE)--Nextpower Arabia, the newly formed joint venture between Nextpower (Nasdaq: NXT, formerly Nextracker) and Abunayyan Holding, today announced it will provide 2.25 gigawatts (GWp) of advanced solar tracking systems to Larsen & Toubro (L&T) for the Bisha Solar project, one of the largest utility-scale solar plants being developed by an ACWA Power-led consortium. The project was procured by the Saudi Power Procurement Company (SPPC) as part of Wave 6 of the Kingdom’s National Renewable Energy Program (NREP) overseen by the Ministry of Energy.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260127985248/en/Flagship NX Horizon solar tracking system, deployed well over 150 GW globally and engineered for maximum uptime, energy yiel
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News
- Nextpower (NASDAQ:NXT) was downgraded by analysts at Jefferies Financial Group Inc. from a "strong-buy" rating to a "hold" rating.MarketBeat
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- Nextpower: Strong Growth And Cash, Wait For A Correction [Seeking Alpha]Seeking Alpha
NXT
Earnings
- 1/27/26 - Beat
NXT
Sec Filings
- 2/2/26 - Form 4
- 1/30/26 - Form 10-Q
- 1/29/26 - Form 144
- NXT's page on the SEC website