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Nextracker ($NXT) Signs Deal with Strata Clean Energy for 810 MW of Breakthrough Solar Tracking Tech

Nextracker (NASDAQ: NXT), a prominent player in the solar tracking and software solutions industry, has signed a multi-year volume commitment agreement with Strata Clean Energy to supply 810 megawatts of trackers for large-scale solar power projects in Texas, Arizona, and Virginia. 

Much of the equipment will be sourced from US factories, consistent with Nextracker's mission to grow partnerships with American suppliers. This partnership will boost local economies and help reduce carbon emissions, contributing significantly to the transition to sustainable energy in the US.

Dan Shugar, Founder and CEO of Nextracker stated: “Our expanded U.S. supply chain is well positioned for their needs to reliably deliver high performing solar power plants, while creating more jobs in communities across the country.”

Markus Wilhelm, CEO Strata Clean Energy added: “Nextracker’s leading-edge solar tracking technology enables a light-on-land approach that minimizes grading, maximizes energy performance, and incorporates clean US-made steel, creating energy jobs benefitting the US economy.”

Nextracker is a leading provider of intelligent, integrated solar tracker and software solutions used in utility-scale and ground-mounted distributed generation solar projects around the world.

Shares of Nextracker trade on the NASDAQ under the ticker symbol NXT.

 

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