Nextracker - Energy Transition and Solar Boom Drive Record Results!

Business drivers: Nextracker (NXT) is one of the leading providers of so-called solar trackers, which optimize energy yield in solar parks. The solar panels are software-assisted to adjust optimally to sunlight for maximizing energy output. In addition to improving efficiency, these systems also help minimize storm damage from hurricanes, hail, or strong winds, as the panels can automatically move to a protective position when needed. With the acquisition of Bentek, Nextracker is strategically expanding its product portfolio and entering the high-margin...