Welcome to our dedicated page for Nextracker news (Ticker: NXT), a resource for investors and traders seeking the latest updates and insights on Nextracker stock.
Nextracker (NXT) is a global leader in intelligent solar tracking systems and integrated software solutions for utility-scale renewable energy projects. This page provides a centralized hub for all official company announcements, financial updates, and strategic developments.
Access real-time insights into Nextracker's operational milestones, including earnings reports, technology innovations, and partnership announcements. Investors and industry professionals will find verified updates on product launches, market expansions, and sustainability initiatives shaping the solar energy sector.
Our curated news collection covers essential categories such as quarterly financial results, new project deployments, engineering advancements in solar tracking technology, and executive leadership updates. Each release is sourced directly from the company to ensure accuracy and timeliness.
Bookmark this page for streamlined access to Nextracker's evolving role in advancing solar energy efficiency worldwide. Check back regularly for critical updates that demonstrate the company's impact on renewable energy infrastructure and cleantech innovation.
Nextracker (Nasdaq: NXT), a leader in intelligent solar trackers and software solutions, has expanded its Board of Directors from eleven to thirteen members, adding Brandi Thomas and Kyra Whitten as new directors effective April 25, 2023. Brandi Thomas brings a strong financial background, currently serving as Vice President and Chief Audit Executive at General Electric, while Kyra Whitten has a robust marketing and corporate affairs expertise, currently holding the position of Senior Vice President at Flex. CEO Dan Shugar expressed confidence that their diverse skills in finance, audit, marketing, communications, and diversity will enhance the Board's capabilities.
Nextracker has secured a contract with Sterling and Wilson Renewable Energy Limited to provide its innovative solar tracker technology for NTPC Renewable Energy Limited's 1.255GW Solar PV Project at Khavda RE Park, Gujarat. This partnership is part of a broader 1.568 GWp project aimed at boosting India's renewable energy targets, which includes a commitment to manufacture 75% of system components locally. Scheduled to begin operations by mid-2024, the project enhances Nextracker's capacity in India, where it operates five gigawatts of manufacturing annually, supporting the country's goal of achieving 500 GW of renewable energy by 2030.
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