Nextpower Inc Signs Major Supply Agreement with Jinko Solar
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy NXT?
Nextpower Inc. shares fell 5.02% today, crossing below the 5-day SMA, as the broader market faced declines with the Nasdaq-100 down 0.62% and the S&P 500 down 0.46%.
The decline in Nextpower's stock comes despite the announcement of a multi-year supply agreement with Jinko Solar to provide over 1 gigawatt of steel frames, with production expected to start in mid-2026. This agreement is expected to enhance the competitiveness of U.S.-manufactured solar modules and underscores the importance of domestic manufacturing in the solar industry. However, the overall market weakness has overshadowed this positive development, leading to a sector rotation effect.
The implications of this agreement could be significant for Nextpower, as it positions the company to capitalize on the growing demand for solar energy solutions. The expansion of manufacturing capacity in the Southeastern U.S. will also streamline logistics for Jinko Solar, potentially leading to increased orders in the future.
Trade with 70% Backtested Accuracy
Stop guessing "Should I Buy NXT?" and start using high-conviction signals backed by rigorous historical data.
Sign up today to access powerful investing tools and make smarter, data-driven decisions.
Analyst Views on NXT
Wall Street analysts forecast NXT stock price to fall
20 Analyst Rating
15 Buy
5 Hold
0 Sell
Strong Buy
Current: 124.490
Low
76.00
Averages
105.33
High
125.00
Current: 124.490
Low
76.00
Averages
105.33
High
125.00
About NXT
Nextpower Inc., formerly Nextracker Inc., designs, engineers, and delivers an advanced energy technology platform for solar power plants. Its integrated solutions are designed to streamline project execution, increase energy yield and long-term reliability. The Company's products and services include trackers, foundations, eBOS, software, controls, and module mounting. Its services include design, deploy, and operate. Its design services include site evaluations, design and engineering, and training programs. Its deploying services include efficient commissioning, fully equipped, and fast-tracked scheduling. Its operating services engaged in the monitor, manage, and mitigating risk with tools and tech.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Stock Market Rebounds Slightly, Nvidia Gains from Meta AI Deal
- Market Rebound: The stock market experienced a slight rebound on Tuesday, despite remaining divided, indicating cautious optimism among investors that could provide some support for future trading.
- Nvidia Gains: Nvidia's stock rose late in the session due to a deal with Meta in the AI sector, reflecting ongoing market confidence in its capabilities, which may drive future earnings growth.
- AMD and Broadcom Decline: In contrast, AMD and Broadcom saw their stock prices slump, suggesting a cautious outlook from the market regarding these companies, which could affect their short-term investment appeal.
- Increased Industry Divergence: The overall market divergence has intensified, with some tech stocks performing well while others face pressure, potentially leading investors to be more selective in their stock choices, impacting overall market liquidity.
See More
Stock Market Rebounds Slightly, Nvidia Gains from Meta AI Deal
- Market Rebound: The stock market experienced a slight rebound on Tuesday, despite remaining divided, indicating cautious optimism among investors that may provide some support for future trading.
- Nvidia Gains: Nvidia's stock rose late in the session due to a deal with Meta in the AI sector, highlighting its ongoing leadership in AI and potential new growth opportunities for the company.
- AMD and Broadcom Decline: In contrast, AMD and Broadcom saw their stock prices slump, reflecting market concerns about the semiconductor industry, which could impact investor confidence and future investment decisions in this sector.
- Divergent Investor Sentiment: While Nvidia performed strongly, the overall market sentiment remains divided, prompting investors to closely monitor industry dynamics and company fundamentals to make more informed investment choices.
See More
Nextpower Expands Steel Frame Manufacturing Capacity in Southeast U.S.
- Major Order Signed: Nextpower has entered into a multi-year supply agreement with Jinko Solar to provide over 1 gigawatt of steel frames over three years, with production expected to commence mid-2026, significantly enhancing the competitiveness of U.S.-manufactured solar modules.
- Market Validation: This agreement not only validates steel frames as a reliable and cost-effective solution but also underscores the importance of industrialization in the U.S. solar industry, promoting the alignment of domestic manufacturing with policy incentives.
- Supply Chain Localization: Nextpower plans to expand its steel frame manufacturing capacity in the Southeastern U.S. to enable direct supply to Jinko Solar's facility in Jacksonville, Florida, simplifying project logistics and reinforcing the domestic supply chain.
- Enhanced Module Durability: Independent testing has demonstrated that steel frames offer significant advantages in torsional stiffness and deflection under mechanical load, which will help improve the long-term reliability of solar modules, especially under extreme weather conditions.
See More
NEXTPOWER INC TO PROVIDE MORE THAN 1 GW OF STEEL FRAMES, WITH POTENTIAL EXPANSION TO 3 GW OVER THREE YEARS
Supply of Steel Frames: The company is set to supply over 1 gigawatt (GW) of steel frames, indicating a significant increase in production capacity.
Scalability: The supply capability is scalable, allowing for an increase up to 3 gigawatts (GW) over a three-year period.
See More
T1 Energy Backs U.S. Manufacturing Revival Policy
- Policy Support: T1 Energy Inc. endorses the One Big Beautiful Bill Act aimed at reviving American manufacturing, which is expected to enhance the company's investments and development in the domestic solar supply chain, thereby strengthening its market competitiveness.
- Tax Credit Alignment: The initial guidance from the U.S. Department of Treasury regarding the OBBBA foreign entity of concern provisions aligns with T1's expectations, further confirming the company's eligibility for Section 45X tax credits, which enhances its financial stability.
- Strategic Transactions: In December 2025, T1 announced a series of strategic transactions designed to meet foreign entity of concern compliance requirements, involving equity, debt, and intellectual property restructuring, ensuring the company's future compliance and market position.
- U.S. Supply Chain Development: T1 began construction on a solar cell factory in Rockdale, Texas, and operates a state-of-the-art solar module factory in Wilmer, demonstrating its commitment to reshaping the American solar supply chain, which is expected to create numerous jobs and drive economic growth.
See More
T1 Energy Backs U.S. Manufacturing Revival Policy
- Policy Support: T1 Energy endorses the One Big Beautiful Bill Act aimed at reviving American manufacturing and energy dominance, aligning with the company's expectations for Section 45X tax credits, showcasing its strategic adaptability to policy directions.
- Compliance Measures: After months of compliance efforts, T1 announced a series of strategic transactions in December 2025 to ensure compliance with foreign entity of concern (FEOC) requirements, involving equity, debt, and intellectual property restructuring, thereby strengthening the company's compliance position.
- Manufacturing Capacity Development: T1 commenced construction of a solar cell fab in Rockdale, Texas, and operates a state-of-the-art solar module factory in Wilmer, indicating its commitment to rebuilding the American solar supply chain and driving domestic manufacturing revival.
- Strategic Procurement: T1 has contracted with Hemlock Semiconductor, Corning, and Nextpower for American-produced polysilicon, wafers, and steel frames, further solidifying its supply chain in the U.S. market and enhancing the company's competitive edge.
See More
Stock Market Rebounds Slightly, Nvidia Gains from Meta AI Deal
- Market Rebound: The stock market experienced a slight rebound on Tuesday, despite remaining divided, indicating cautious optimism among investors that could provide some support for future trading.
- Nvidia Gains: Nvidia's stock rose late in the session due to a deal with Meta in the AI sector, reflecting ongoing market confidence in its capabilities, which may drive future earnings growth.
- AMD and Broadcom Decline: In contrast, AMD and Broadcom saw their stock prices slump, suggesting a cautious outlook from the market regarding these companies, which could affect their short-term investment appeal.
- Increased Industry Divergence: The overall market divergence has intensified, with some tech stocks performing well while others face pressure, potentially leading investors to be more selective in their stock choices, impacting overall market liquidity.
See More
Stock Market Rebounds Slightly, Nvidia Gains from Meta AI Deal
- Market Rebound: The stock market experienced a slight rebound on Tuesday, despite remaining divided, indicating cautious optimism among investors that may provide some support for future trading.
- Nvidia Gains: Nvidia's stock rose late in the session due to a deal with Meta in the AI sector, highlighting its ongoing leadership in AI and potential new growth opportunities for the company.
- AMD and Broadcom Decline: In contrast, AMD and Broadcom saw their stock prices slump, reflecting market concerns about the semiconductor industry, which could impact investor confidence and future investment decisions in this sector.
- Divergent Investor Sentiment: While Nvidia performed strongly, the overall market sentiment remains divided, prompting investors to closely monitor industry dynamics and company fundamentals to make more informed investment choices.
See More
Nextpower Expands Steel Frame Manufacturing Capacity in Southeast U.S.
- Major Order Signed: Nextpower has entered into a multi-year supply agreement with Jinko Solar to provide over 1 gigawatt of steel frames over three years, with production expected to commence mid-2026, significantly enhancing the competitiveness of U.S.-manufactured solar modules.
- Market Validation: This agreement not only validates steel frames as a reliable and cost-effective solution but also underscores the importance of industrialization in the U.S. solar industry, promoting the alignment of domestic manufacturing with policy incentives.
- Supply Chain Localization: Nextpower plans to expand its steel frame manufacturing capacity in the Southeastern U.S. to enable direct supply to Jinko Solar's facility in Jacksonville, Florida, simplifying project logistics and reinforcing the domestic supply chain.
- Enhanced Module Durability: Independent testing has demonstrated that steel frames offer significant advantages in torsional stiffness and deflection under mechanical load, which will help improve the long-term reliability of solar modules, especially under extreme weather conditions.
See More
NEXTPOWER INC TO PROVIDE MORE THAN 1 GW OF STEEL FRAMES, WITH POTENTIAL EXPANSION TO 3 GW OVER THREE YEARS
Supply of Steel Frames: The company is set to supply over 1 gigawatt (GW) of steel frames, indicating a significant increase in production capacity.
Scalability: The supply capability is scalable, allowing for an increase up to 3 gigawatts (GW) over a three-year period.
See More
T1 Energy Backs U.S. Manufacturing Revival Policy
- Policy Support: T1 Energy Inc. endorses the One Big Beautiful Bill Act aimed at reviving American manufacturing, which is expected to enhance the company's investments and development in the domestic solar supply chain, thereby strengthening its market competitiveness.
- Tax Credit Alignment: The initial guidance from the U.S. Department of Treasury regarding the OBBBA foreign entity of concern provisions aligns with T1's expectations, further confirming the company's eligibility for Section 45X tax credits, which enhances its financial stability.
- Strategic Transactions: In December 2025, T1 announced a series of strategic transactions designed to meet foreign entity of concern compliance requirements, involving equity, debt, and intellectual property restructuring, ensuring the company's future compliance and market position.
- U.S. Supply Chain Development: T1 began construction on a solar cell factory in Rockdale, Texas, and operates a state-of-the-art solar module factory in Wilmer, demonstrating its commitment to reshaping the American solar supply chain, which is expected to create numerous jobs and drive economic growth.
See More
T1 Energy Backs U.S. Manufacturing Revival Policy
- Policy Support: T1 Energy endorses the One Big Beautiful Bill Act aimed at reviving American manufacturing and energy dominance, aligning with the company's expectations for Section 45X tax credits, showcasing its strategic adaptability to policy directions.
- Compliance Measures: After months of compliance efforts, T1 announced a series of strategic transactions in December 2025 to ensure compliance with foreign entity of concern (FEOC) requirements, involving equity, debt, and intellectual property restructuring, thereby strengthening the company's compliance position.
- Manufacturing Capacity Development: T1 commenced construction of a solar cell fab in Rockdale, Texas, and operates a state-of-the-art solar module factory in Wilmer, indicating its commitment to rebuilding the American solar supply chain and driving domestic manufacturing revival.
- Strategic Procurement: T1 has contracted with Hemlock Semiconductor, Corning, and Nextpower for American-produced polysilicon, wafers, and steel frames, further solidifying its supply chain in the U.S. market and enhancing the company's competitive edge.
See More
