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Nextpower Inc

Common Name
Nextpower
Country
United States
Sector
Technology
Industry
Solar
Employees
1,300
Ticker
NXT
Exchange
NASDAQ/NGS
Description
Nextpower Inc. is a U.S.-headquartered solar technology and manufacturing company that provides intelligent, integrated solar tracker systems, software solutions, and related products for utility-scal...

Nextpower's GHG Emissions Data Preview

In 2025, Nextpower completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Nextpower has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2025202420232022-2019
Total Scope 1
293a
N/A
224b
Total Scope 2
Market-Based
719a
N/A
438b
Location-Based
1,090a
N/A
547b
Total Scope 3
2,376,904a
N/A
1,867,884b
Total Scope 1 Revenue Intensity (tCO2e/$M)
0.099a
N/A
0.1178b
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Verified Sources Behind Nextpower’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Nextpower's Sustainability Report 2025
b. Nextpower's Sustainability Report 2024

Insights into Nextpower's Operational Emissions

In 2025, the total operational greenhouse gas (GHG) emissions of Nextpower amounted to 1,383 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Nextpower increased by 79.38%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Nextpower's Scope 1 Emissions Over Time

202220232025075150225300tCO2e+82%+31%
  • Total Scope 1
  • Year-over-Year Change

What are Nextpower's Scope 1 emissions?

In 2025, the total Scope 1 emissions of Nextpower were 293 metric tons of CO₂ equivalent (tCO₂e).a

Has Nextpower reduced its Scope 1 emissions over time?

Since 2022, Nextpower's Scope 1 emissions have increased by 138.21%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Nextpower's Scope 1 emissions increased by 30.8%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Nextpower's Scope 2 emissions?

In 2025, Nextpower reported Scope 2 greenhouse gas (GHG) emissions of 719 tCO₂e using the market-based method and 1,090 tCO₂e using the location-based method.a

Has Nextpower reduced its Scope 2 emissions over time?

Since 2022, Nextpower's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 186.84%, reflecting a rising long-term trend in Scope 2 emissions over time.ab

Compared to the previous year (2023), Nextpower's Scope 2 emissions (Location-Based) rose by 99.27% in 2025, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Nextpower use for Scope 2 reporting?

In 2025, Nextpower reported its Scope 2 emissions using the market-based method and using the location-based method.a

Nextpower's Scope 2 Emissions Over Time

20222023202503006009001.2 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Nextpower's Value Chain Emissions

In 2025, Nextpower reported 2,376,904 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2025 disclosure of Nextpower includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Nextpower's Scope 3 Emissions Over Time

202320250600 k1.2 M1.8 M2.4 MtCO2e+27%
  • Total Scope 3
  • Year-over-Year Change

What are Nextpower's Scope 3 emissions?

In 2025, Nextpower reported total Scope 3 emissions of 2,376,904 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 92.65% of these emissions originated from upstream activities such as purchased goods and capital goods, while 7.35% came from downstream activities like product use, distribution, and end-of-life treatment.a

Compared to the previous year (2023), Nextpower's Scope 3 emissions increased by 27.25%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Nextpower disclose?

In 2025, Nextpower reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Nextpower's Scope 3 emissions?

In 2025, the largest contributors to Nextpower's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 2,019,409 tCO₂e (84.96%)
  • Upstream Transportation and Distribution (Cat. 4): 182,767 tCO₂e (7.69%)
  • End-of-Life Treatment of Sold Products (Cat. 12): 103,053 tCO₂e (4.34%)

Nextpower's Scope 3 Emissions by Categories

End-of-LifeTreatment of SoldProducts (Cat. 12)(4.3%)UpstreamTransportation andDistribution(Cat. 4)(7.7%)Purchased Goods andServices (Cat. 1)(85.0%)

Insights into Nextpower’s GHG Emissions Intensity Compared to Industry Peers

In 2025, Nextpower reported Scope 1 greenhouse gas (GHG) emissions of 293 tCO₂e and total revenues of USD 2,960 millions. This translates into an emissions intensity of 0.1 tCO₂e per millions USD.a

Nextpower's Scope 1 Emissions Intensity Compared to Peers

201,00020,0001,000,00020,000,000Scope 1 Emissions (tCO2e)2005002,0005,00010,000Revenues (Millions of USD)FortiveYear: 2024Scope 1: 13,769 tCO2eRevenue: $M 6,232Scope 1 Intensity: 2.21 tCO2e/$MTTM TechnologiesYear: 2024Scope 1: 16,996 tCO2eRevenue: $M 2,443Scope 1 Intensity: 6.96 tCO2e/$MEntegrisYear: 2024Scope 1: 25,122 tCO2eRevenue: $M 3,241Scope 1 Intensity: 7.75 tCO2e/$MF5Year: 2024Scope 1: 872 tCO2eRevenue: $M 2,817Scope 1 Intensity: 0.31 tCO2e/$MMKSYear: 2024Scope 1: 7,254 tCO2eRevenue: $M 3,586Scope 1 Intensity: 2.02 tCO2e/$MEverpureYear: 2025Scope 1: 773 tCO2eRevenue: $M 3,664Scope 1 Intensity: 0.21 tCO2e/$MZscalerYear: 2024Scope 1: 439 tCO2eRevenue: $M 2,168Scope 1 Intensity: 0.20 tCO2e/$MMongoDBYear: 2024Scope 1: 326 tCO2eRevenue: $M 2,006Scope 1 Intensity: 0.16 tCO2e/$MZoom CommunicationsYear: 2024Scope 1: 59 tCO2eRevenue: $M 4,683Scope 1 Intensity: 0.01 tCO2e/$MXinte EnergyYear: 2024Scope 1: 4,822,141 tCO2eRevenue: $M 2,907Scope 1 Intensity: 1,659.01 tCO2e/$MSMA Solar TechnologyYear: 2025Scope 1: 2,352 tCO2eRevenue: $M 1,782Scope 1 Intensity: 1.32 tCO2e/$MFlat Glass GroupYear: 2024Scope 1: 4,547,423 tCO2eRevenue: $M 2,560Scope 1 Intensity: 1,776.39 tCO2e/$MXinyi Solar HoldingsYear: 2024Scope 1: 5,432,651 tCO2eRevenue: $M 3,004Scope 1 Intensity: 1,808.64 tCO2e/$MShanghai Aiko Solar EnergyYear: 2024Scope 1: 1,807 tCO2eRevenue: $M 1,528Scope 1 Intensity: 1.18 tCO2e/$MGCL SIYear: 2024Scope 1: 1,296 tCO2eRevenue: $M 2,225Scope 1 Intensity: 0.58 tCO2e/$MGCL Technology HoldingsYear: 2024Scope 1: 3,423,445 tCO2eRevenue: $M 2,069Scope 1 Intensity: 1,654.88 tCO2e/$MDMEGCYear: 2024Scope 1: 86,044 tCO2eRevenue: $M 2,543Scope 1 Intensity: 33.84 tCO2e/$MWaaree EnergiesYear: 2025Scope 1: 357 tCO2eRevenue: $M 1,691Scope 1 Intensity: 0.21 tCO2e/$MNEXTDCYear: 2025Scope 1: 7,927 tCO2eRevenue: $M 2,959Scope 1 Intensity: 2.68 tCO2e/$MSunnova Energy InternationalYear: 2023Scope 1: 5,132 tCO2eRevenue: $M 721Scope 1 Intensity: 7.12 tCO2e/$MFirst SolarYear: 2024Scope 1: 16,593 tCO2eRevenue: $M 4,206Scope 1 Intensity: 3.94 tCO2e/$MSunrunYear: 2024Scope 1: 44,000 tCO2eRevenue: $M 2,038Scope 1 Intensity: 21.59 tCO2e/$MNextpowerYear: 2025Scope 1: 293 tCO2eRevenue: $M 2,960Scope 1 Intensity: 0.10 tCO2e/$M

How does Nextpower's GHG emissions intensity compare to its peers?

In 2025, Nextpower reported a Scope 1 emissions intensity of 0.1 tCO₂e per millions USD. Compared to the peer group median of 2.44, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Nextpower rank on GHG emissions intensity within its industry?

In 2025, Nextpower ranked 2 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

This places Nextpower among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Nextpower's Total Carbon Footprint

In 2025, Nextpower reported a total carbon footprint of 2,378,287 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 27.27% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Nextpower's total carbon footprint was Scope 3 emissions, accounting for 99.94% of the company's total carbon footprint, followed by Scope 2 emissions at 0.05%.a

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