Nextpower provides solar tracking systems for utility-scale power plants. The company’s trackers mount solar panels on motorized frames that rotate to follow the sun, which increases energy yield and lowers the cost of energy compared to fixed-tilt systems. Nextpower’s flagship product, NX Horizon, uses an independent-row architecture designed for resilience and lower maintenance. The company also offers software-based yield management, terrain-following trackers, and weather protection systems. Nextpower is expanding its offerings to include foundations, electrical infrastructure, steel module frames, and power conversion products like inverters. This strategy aims to provide an integrated technology platform for solar, battery storage, and data center applications. Nextpower employs a capital-light business model by using a global network of contract manufacturers to produce components, which the company then ships directly to project sites. It sells hardware and software to engineering and construction firms and developers through project-specific orders and multi-year volume commitment agreements. While the company benefits from U.S. manufacturing tax credits, recent legislative changes have curtailed these incentives, creating a headwind for industry demand. Nextpower operates globally through direct sales and joint ventures.