Nextpower Enters Multi-Year Supply Agreement with Jinko Solar
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Nextpower (NXT) announced its second major commercial order for U.S.-manufactured steel module frames, entering into a multi-year supply agreement with Jinko Solar (JKS). Under the agreement, Nextpower plans to supply more than one gigawatt of steel frames, scalable to up to 3 GW over a three-year period, to support module manufacturing in Jinko Solar's Jacksonville, Florida. facility, with production expected mid-2026. This supply arrangement helps underscore the growing market adoption of steel frames as a more structurally durable, cost-effective solution for tier-one solar modules while further localizing the U.S. supply chain.
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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.
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- 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.
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- 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.
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- 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
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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
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- 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.
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See More
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- 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
