Nextpower Inc.
Nextpower Inc. is a global energy technology provider headquartered in Fremont, California. The company designs, engineers, and delivers advanced energy technology platforms for solar power plants, with a core mission to enable a world powered by clean, affordable, and resilient energy. It aims to transform utility-scale power delivery through an integrated solutions platform that combines structural, electrical, and digital intelligence.
Nextpower offers an integrated platform of solar tracker systems, foundations, power conversion, performance-optimizing software, and electrical balance of systems (eBOS) solutions. Key products include NX Horizon solar tracking solutions, the TrueCapture energy yield management system, and NX Navigator for monitoring and control. The company serves utility-scale and distributed generation solar projects globally, partnering with leading energy companies, engineering, procurement, and construction (EPC) firms, as well as solar project developers and owners.
Formerly known as Nextracker Inc., the company rebranded to Nextpower Inc. on November 12, 2025, to reflect its evolution into a full-platform energy technology solutions provider. Nextpower has maintained the number one global tracker market share for 10 consecutive years. Recent notable activities include the acquisition of Prevalon Energy LLC for approximately $370 million and the agreement to acquire Zimmermann PV-Steel Group, expanding its market footprint in Europe. The company has also announced its entry into the battery energy storage (BESS) and AI data center markets. Daniel Shugar serves as the co-founder, CEO, and Director of Nextpower Inc.
Latest updates
