Nextpower Inc. announced a multi‑year, gigawatt‑scale steel‑frame supply agreement with Jinko Solar (U.S.) Industries Inc., a leading U.S. solar module manufacturer. The contract will see Nextpower deliver more than 1 GW of steel frames, with the capacity to scale up to 3 GW over a three‑year period, to support module production at Jinko Solar’s Jacksonville, Florida facility. Production is expected to begin in mid‑2026, and the U.S.‑made steel frames will add six percent to the project’s domestic‑content calculation under Treasury guidance.
The agreement marks a significant expansion of Nextpower’s product offering beyond its core tracker business into the structural component that supports module installation. Steel frames are increasingly favored in the industry for their durability and cost‑effectiveness, and the deal positions Nextpower to capture a growing share of the domestic manufacturing and tax‑credit‑eligible supply chain. By securing a large, recurring contract with a tier‑one module manufacturer, Nextpower strengthens its foothold in the U.S. solar market and aligns with the Inflation Reduction Act’s domestic‑content incentives.
Dan Shugar, Nextpower’s founder and CEO, said the partnership "represents clear market validation of steel frames as a reliable and cost‑effective solution that supports both module durability and U.S. manufacturing priorities." Nigel Cockroft, Jinko Solar’s general manager, added that "improving module durability and strengthening domestic supply chains are closely linked priorities and areas where Jinko Solar has long been a leader," and that "partnering with Nextpower to integrate domestically produced steel frames into our U.S. modules is a natural extension of that leadership, aligning with U.S. manufacturing priorities, while delivering greater durability at scale for customers and the broader solar industry."
Investors reacted positively to the announcement, reflecting confidence in the strategic alignment with domestic‑content incentives and the growing demand for steel‑frame modules. The deal is expected to enhance Nextpower’s revenue mix and support its expansion into new product categories, while reinforcing Jinko Solar’s domestic manufacturing strategy.
Nextpower, which rebranded from Nextracker in November 2025 to reflect its broader integrated energy‑technology portfolio, has held the number‑one global market share for trackers for ten consecutive years. Jinko Solar’s Jacksonville facility, which has operated since 2018, is a key component of its U.S. manufacturing footprint. The steel‑frame agreement underscores the industry’s shift toward more durable, cost‑effective module components and the importance of domestic supply chains in the post‑IRA solar landscape.
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