Nextracker Surpasses 10-Gigawatt Milestone In Solar Projects Across Middle East, Africa, And India
Portfolio Pulse from Benzinga Newsdesk
Nextracker (NASDAQ:NXT) has reached a significant milestone by surpassing 10 GW of smart solar trackers operational or under fulfilment in the Middle East, Africa, and India. This achievement coincides with the United Nations COP28 Climate Change conference in Dubai.
December 13, 2023 | 6:55 am
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Nextracker has surpassed 10 GW of smart solar trackers in MEA & India, indicating strong product adoption and potential revenue growth.
Surpassing the 10 GW milestone in smart solar trackers demonstrates Nextracker's successful expansion and strong product demand in key emerging markets. This positive news is likely to be well-received by investors, potentially leading to a short-term increase in stock price due to anticipated future revenue growth from these regions.
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