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flag Nextracker rebrands as Nextpower, expanding into energy tech like AI and power systems, targeting $5B+ revenue by 2030.

flag Nextracker has rebranded as Nextpower to expand beyond solar trackers into integrated energy solutions, including power conversion systems, AI, robotics, and electrical components. flag The company plans to launch new power conversion systems by 2026 and aims for one-third of its 2030 revenue to come from non-tracker products, targeting $4.8 billion to $5.6 billion in annual revenue. flag Growth is driven by rising global electricity demand, especially from AI and data centers. flag Nextpower will retain its Nasdaq listing under the NXT ticker and continue its U.S. manufacturing efforts.

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