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Nextpower Achieves SBTi Validation for Climate Targets
Leading solar tech provider commits to significant emissions reductions across operations and value chain
Published on Mar. 10, 2026
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Nextpower, a leading provider of intelligent power generation technology and solutions for solar power plants, has announced the validation of its near-term carbon emissions reduction targets by the Science Based Targets initiative (SBTi). Under the validated SBTi targets, the company commits to reducing absolute Scope 1 and Scope 2 greenhouse gas emissions by 58.8% by fiscal year 2035 from a FY25 baseline, and to reducing Scope 3 emissions intensity per megawatt of solar trackers deployed by 63.8% over the same period.
Why it matters
The SBTi validation strengthens Nextpower's competitive position in global markets where ESG performance is an increasingly important consideration for investors and customers. It also reinforces the company's strategy and progress in optimizing regional supply chains, increasing adoption of lower-carbon materials, and launching new product innovations to deliver carbon improvements while creating additional value for customers.
The details
Nextpower has optimized regional supply chains and increased adoption of lower-carbon electric arc furnace (EAF) steel. The company's NX Horizon low carbon tracker solution now reduces embodied carbon emissions by up to 42% compared to traditional trackers, supported by third-party verified lifecycle assessments. The SBTi validation follows Nextpower's formal establishment of its ESG program in 2024 and its recent upgrade to 'Prime' status in the ISS Corporate ESG rating.
- Nextpower announced the SBTi validation on March 10, 2026.
- The company commits to the emissions reduction targets by fiscal year 2035, from a FY25 baseline.
The players
Nextpower
A leading provider of intelligent power generation technology and solutions for solar power plants.
Science Based Targets initiative (SBTi)
A coalition of CDP, the United Nations Global Compact, World Resources Institute, and the World Wide Fund for Nature that validates corporate emissions reduction targets.
Dan Shugar
Founder and CEO of Nextpower.
What they’re saying
“Over the past several years, we have strengthened our global supply chains, expanded domestic manufacturing in key markets, and launched new product innovations such as the NX Horizon® low carbon tracker. These actions are delivering carbon improvements while creating additional value for our customers. The SBTi validation is another important milestone for our company and reinforces our strategy and the progress we are making.”
— Dan Shugar, Founder and CEO (BusinessWire)
The takeaway
Nextpower's SBTi-validated emissions reduction targets demonstrate its commitment to measurable climate leadership, positioning the company to thrive in a global market increasingly focused on ESG performance and sustainable energy solutions.
