Nextpower

In 2013, founder and CEO Dan Shugar recognized a critical gap in the solar energy industry: utility-scale solar projects were being built with fragmented technologies that didn't work together seamlessly, leading to suboptimal energy yields and higher costs. Having begun his career in the solar industry in 1988, Shugar understood that the future of clean energy required a more integrated approach. So he founded Nextracker to pioneer intelligent solar tracking solutions that would maximize energy production while reducing complexity for project developers.

Over the following decade, Nextracker became the global leader in solar tracking technology, maintaining the number one market share position for 10 consecutive years while shipping over 150 GW of tracker capacity worldwide. In November 2025, the company rebranded as Nextpower to reflect its evolution beyond tracking into a comprehensive integrated energy technology platform. Today, Nextpower delivers an ecosystem spanning structural, electrical, and digital solutions for utility-scale solar power plants - including trackers, foundations, eBOS, robotics, software, yield management systems, and new power conversion systems. The company operates from its headquarters in Fremont, California, with global operations supporting projects across North America, the Middle East, and beyond.