Renewables
Strong Tracker Demand Lifts Nextpower’s Q2 Revenue by 23%
CEII brief
Mercom India reported on 30 Oct 2026: Strong Tracker Demand Lifts Nextpower’s Q2 Revenue by 23%.
Read the full story on Mercom IndiaU.S.-based solar tracker and clean power technology company Nextpower reported record revenue of $1.11 billion in the second quarter (Q2) of fiscal year (FY) 2027, up 22.5% year-over-year (YoY) from $905.27 million, driven in part by strong demand for its solar tracker products.
Context from CEII
Renewables are the fastest-growing part of the world’s energy system. The COP28 goal is to triple capacity by 2030, and solar mini-grids are the fastest route to power for millions of people without electricity.
27.8% of electricity in the world was renewable in 2021Original reporting © Mercom India. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.
