Nextracker Inc. shares rise 1.25% after-hours after securing 1.5 GW solar tracker deal with Casa dos Ventos in Brazil.

Nextracker Inc. rose 1.25% in after-hours trading, driven by the announcement that it has been selected by Casa dos Ventos to supply 1.5 gigawatts (GW) of its NX Horizon-XTR all-terrain solar tracker and NX Horizon solar tracker systems for a portfolio of four new solar and solar-and-wind hybrid utility-scale solar projects in Brazil. This significant contract win highlights Nextracker's growing presence in the renewable energy sector and its leadership in solar technology.