Deals Counterparts

Nextpower to supply steel frames for JinkoSolar factory in Florida

Supply Agreement Solar announced Jacksonville, USA Feb 20, 2026
3 GW
Capacity

Nextpower will supply more than 1 GW of steel frames, scalable to 3 GW over three years, to JinkoSolar’s Jacksonville, Florida facility.

Deal Analysis

Nextpower's agreement to supply steel frames to JinkoSolar's Jacksonville, Florida facility represents a significant development in the US solar manufacturing landscape. The supply agreement, initially for 1 GW and scalable to 3 GW over three years, underscores the growing demand for domestically sourced components within the solar energy sector. While the financial terms remain undisclosed, the multi-year commitment suggests a substantial investment and a deepening partnership between the two companies. This deal will likely contribute to the expansion of JinkoSolar's production capacity in the US and support the broader trend of onshoring solar manufacturing capabilities. The agreement is notable for its scale, involving a potential 3 GW of steel frame supply, and the participation of JinkoSolar, a major player in the global solar panel manufacturing industry. The deal's location in Florida is also noteworthy, as it signals continued investment in solar infrastructure within the state. This supply agreement will likely have positive implications for the US solar market, potentially reducing reliance on foreign suppliers and fostering job creation within the domestic manufacturing sector. The agreement also highlights the increasing integration of the solar supply chain within the United States.
  • Supply agreement for steel frames to JinkoSolar's Florida facility.
  • Potential for 3 GW of steel frame supply over three years.
  • Involves a major global solar panel manufacturer, JinkoSolar.
  • Supports the onshoring of solar manufacturing in the US.
Market Context: The solar energy sector is experiencing rapid growth globally, driven by increasing demand for renewable energy sources and government incentives. The US market is particularly attractive due to policies aimed at promoting domestic manufacturing and reducing reliance on foreign supply chains.

Source Intelligence

KEY DETAILS

Nextpower was previously known as Nextracker: "Nextpower (previously known as Nextracker) has announced it will provide its U.S.-made steel module frames to Jinko (U.S.) Inc. under a multi-year supply agreement."

Capacity
Nextpower will supply more than 1 GW of steel frames, scalable to 3 GW over three years.
Location
JinkoSolar’s Jacksonville, Florida facility
Announcement
February 20, 2026
COD
production expected to begin mid-2026
PARTIES MENTIONED IN SOURCE
N
Nextpower seller

"Nextpower will supply more than 1 GW of steel frames, scalable to 3 GW over three years."

J
JinkoSolar buyer

"Nextpower will supply more than 1 GW of steel frames, scalable to 3 GW over three years, to JinkoSolar’s Jacksonville, Florida facility."

J
Jinko (U.S.) Inc. buyer

"Nextpower (previously known as Nextracker) has announced it will provide its U.S.-made steel module frames to Jinko (U.S.) Inc. under a multi-year supply agreement."

high quality Enriched Feb 21, 2026

Timeline

Announced
Feb 20, 2026
Signed
Closed

Market Context

This deal is part of the Solar sector in USA.
473
Solar deals
206
deals in USA
1 of 452 Solar deals tracked this month · Updated daily

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