Nextpower (NXT) Announces Multi-Year Supply Agreement With Jinko Solar for Gigawatt-Scale Steel Frames

21 hours ago 3

Maham Fatima

Fri, February 20, 2026 astatine 11:13 AM CST 2 min read

Nextpower Inc. (NASDAQ:NXT) is 1 of the best caller tech stocks to put successful now. On February 17, Nextpower announced a multi-year proviso statement with Jinko Solar (US) Industries Inc. to supply gigawatt-scale alloy star module frames. Under the presumption of the deal, Nextpower volition proviso astatine slightest 1 GW of alloy frames, with the imaginable to standard up to 3 GW implicit 3 years. These components volition enactment Jinko Solar’s manufacturing operations astatine its Jacksonville, Florida facility, with accumulation slated to statesman successful mid-2026.

To enactment this concern and further localize its proviso chain, Nextpower Inc. (NASDAQ:NXT) intends to grow its manufacturing capableness successful the Southeastern US to simplify logistics for nonstop proviso to Jinko Solar’s Florida plant. This determination follows Nextpower’s caller maturation successful Memphis and contributes to a web of implicit 25 US factories that the institution has established oregon expanded since 2021 to conscionable the rising request for home star components.

The modulation to alloy frames offers structural and fiscal advantages for the star industry. Independent investigating indicates that alloy frames supply superior durability and stiffness compared to accepted materials for reliability successful utmost weather. Furthermore, utilizing US-made alloy frames allows developers to adhd six percent to a tracker project’s home contented calculation, helping them align with US Treasury Department guidance and nationalist manufacturing priorities.

Nextpower (NXT) Announces Multi-Year Supply Agreement With Jinko Solar for Gigawatt-Scale Steel Frames

Nextpower (NXT) Announces Multi-Year Supply Agreement With Jinko Solar for Gigawatt-Scale Steel Frames

A accumulation enactment instrumentality assembling star modules. Photo from T1 Energy

Nextpower Inc. (NASDAQ:NXT) provides star tracker technologies and solutions for utility-scale and distributed procreation star applications successful the US and internationally.

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Disclosure: None.

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