Nextpower Inc. (NXT) Q3 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

characterized by solid operational discipline and execution increased back evolution started several years ago from a pure play tracking system supplier to an end-to-end solar technology platform we followed that with a technology and market symposium where we engage directly with customers to showcase our expanding portfolio of value enhancing products and services that we are building around our core tracker business, including our roadmap to incorporate power conversion solutions for utility scale solar and battery energy storage. Customer response to the strategy has been very positive, and Howard will share more detail on how this is translating into customer adoption. We recently completed the formation of Next Power Arabia, our joint venture with Abu Nayyan Holding in the Middle East. The JV is already off to a strong start and will supply 2.25 gigawatts of advanced tracking systems to one of the world's largest utility-scale solar projects. With the launch of Next Power Arabia, we're focused on building local operations, manufacturing capability, and long-term partnerships that support the Kingdom's energy ambitions. Together with Abu Nayyan Holdings, We are advancing the localization of renewable energy technologies, strengthening supply chains, and creating the foundation to locally manufacture and support up to 12 gigawatts of solar capacity annually, with the potential to create thousands of jobs over time. Saudi Arabia and the surrounding GCC sit at the center of one of the most dynamic energy transitions in the world. Rapid growth in electricity demand driven by economic transformation, megaprojects, and the expansion of AI and digital infrastructure calls for solutions that can scale quickly, reliably, and efficiently. Solar energy is uniquely position...