Clean Energy Equipment Stock Increases Market Cap by 3 Trillion Won in One Day
By ATTN Desk · Editorial oversight: Sean Han
Nextpower Inc. (NASDAQ: NXT) surged 10.51% to close at $138.55 on the Nasdaq on the 13th, lifting its market capitalization to about $20.5 billion (approximately KRW 27 trillion). Trading volume topped 4.55 million shares, and its market cap increased by roughly $2.4 billion (about KRW 3.3 trillion) in a single day.
On the 12th (U.S. local time), the company reported its fourth-quarter results and announced that Robert Binje will assume the role of Chief Operating Officer on June 15, boosting expectations for its growth initiatives.
Headquartered in Fremont, California, Nextpower is a solar and clean-energy equipment provider. Having rebranded from Nextracker in 2025, it is expanding its business from solar trackers into an integrated energy technology platform.