7 Best Performing Solar Stocks to Buy Now

3. Nextracker Inc. (NASDAQ:NXT)

Number of Hedge Fund Holders: 50

Year-to-Date Performance as of September 3: 82.64%

Nextracker Inc. (NASDAQ:NXT) is one of the best performing solar stocks to buy now. On August 18, Nextracker released its FY2025 Sustainability Report, its second annual publication on environmental, social, and governance/ESG initiatives. The report highlights the company’s commitment to transparency and accountability and aligns with various standards and frameworks.

As a key milestone, Nextracker published its first TCFD index, which is based on a climate risk assessment and ensures compliance with California SB 261 law. The company also obtained a third-party assurance for its Scope 1 and Scope 2 Greenhouse Gas/GHG emissions data. In terms of product and supply chain responsibility, Nextracker introduced its new NX Foundation Solutions, including the NX Anchor, to improve solar deployment across different soil types.

It also launched the NX Horizon low-carbon tracker/LCT systems, which can reduce tracker-related carbon emissions by up to 35%. The company has achieved ISO 9001 quality management certification for its operations in Brazil, India, and the US, and earned ISO 14001:2015 certification for its Environmental Management System in the US, while also maintaining it in Brazil.

Nextracker Inc. (NASDAQ:NXT) provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the US and internationally.