- Nextracker Inc (NASDAQ:NXT) has signed a multi-year volume commitment agreement with Strata Clean Energy to supply trackers. The financial terms were not disclosed.
- The company will supply 810 megawatts (MW) of trackers for large-scale solar power projects in Texas, Arizona, and Virginia.
- Consistent with Nextracker’s campaign to grow its partnerships with U.S. suppliers, much of the equipment will be sourced from U.S. factories.
- “Nextracker’s leading-edge solar tracking technology enables a light-on-land approach that minimizes grading, maximizes energy performance, and incorporates clean US-made steel, creating energy jobs benefitting the US economy,” said Strata Clean Energy CEO Markus Wilhelm.
- Nextracker’s products enable solar panels in utility-scale power plants to follow the sun’s movement across the sky and optimize plant performance.
- Price Action: NXT shares closed higher by 4.10% at $32.52 on Tuesday.
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Mirum Pharmaceuticals Announces Data From EMBARK Phase 2b Study for Biliary Atresia; Study Did Not Meet Primary Or Secondary Endpoints
- Study did not meet primary or secondary endpoints.- LIVMARLI was generally well-tolerated, with no new safety findings.Mirum Pharmaceuticals, Inc. (NASDAQ:MIRM), today announced top-line results of the Phase 2 EMBARK
