Nextracker: New Solar Park System, New $750 Million Market, and a New All-Time High
Reading Time: 3 minutes
On August 15, the US Senate unexpectedly announced that tax incentives for the solar industry would not be completely revoked. This led to great relief in the sector. The stock of Nextracker rose more than 20% within just two days, which is why we introduced the company on August 18 as one of five solar stocks that can benefit the most from the new US regulations. Since then, the stock has climbed nearly another 38% and is again approaching an all-time high today. An innovative product launch, a successful acquisition, and a new multi-year contract...
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