Nextracker

Nextracker Inc. is a prominent American company based in Fremont, California, specializing in advanced solar tracker technology. Founded in 2013 as a spin-off from Solaria Corporation, Nextracker has established itself as a global leader in solar tracking systems, maintaining an average market share of around 30%. The company went public in February 2023, raising $638 million and achieving a valuation exceeding $3.5 billion. Nextracker's flagship products include the NX Horizon™ and NX Gemini™ solar trackers, designed to enhance energy production by allowing solar panels to follow the sun's path. These trackers are compatible with various solar module types and are known for their modular design and structural reliability. The company also offers software solutions like TrueCapture™ and NX Navigator™, which optimize tracker performance using machine learning. With multiple manufacturing facilities across the U.S. and a global presence in over 80 countries, Nextracker supports significant solar projects worldwide, contributing to over 20 GW of solar tracked capacity.