Nextpower Gains SBTi Validation for 58.8% Scope 1/2 Cuts and 63.8% Scope 3 Intensity Drop
Nextpower secured SBTi validation for reducing absolute Scope 1 and 2 emissions by 58.8% by fiscal 2035 from a FY25 baseline and cutting Scope 3 emissions intensity per megawatt by 63.8%. Its NX Horizon low carbon tracker slashes embodied carbon emissions by up to 42% compared to traditional designs.
1. SBTi-Validated Emission Goals
Nextpower received SBTi validation for near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 58.8% by fiscal 2035 versus a FY25 baseline and to lower Scope 3 emissions intensity per megawatt deployed by 63.8%. This validation underscores the company’s commitment to measurable carbon reductions across its operations and value chain.
2. NX Horizon Low Carbon Tracker
The NX Horizon low carbon tracker integrates lower-carbon electric arc furnace steel and optimized design to cut embodied carbon emissions by up to 42% compared to traditional solar tracker models. Third-party lifecycle assessments have verified these reductions, enhancing the solution’s appeal to solar developers prioritizing sustainability.
3. ESG Program and Ratings
Nextpower formally launched its broader ESG program in 2024 and achieved “Prime” status in the ISS Corporate ESG rating in Q3 FY26. These independent evaluations reinforce the company’s competitive positioning in markets where ESG performance increasingly drives investor and customer decision-making.