Nextracker and Oklo are two big names that are trying to disrupt the energy sector with new technologies. On the one hand, Oklo is involved in making small microreactors that can be easily linked together.
On the other hand, Nextracker makes solar tracking systems that can move the solar panels automatically to follow the sun's movements. This means the solar panels can get the maximum efficiency throughout the day.
In the last 12 months, the stock value of Nextracker has doubled. Meanwhile, the stock price of Oklo has jumped by 1300% during the same period.
Oklo makes small microreactors, and each one of them can generate 1.5 MW of electricity. However, what's impressive is that these units can be combined to create clusters. So, a cluster can make anywhere from 15 MW to around 100 MW of electricity.
According to the bulls, the rise of AI will force more companies to move towards new nuclear energy. And one of the companies that is in this space with new tech is Oklo.
According to an expert, the global market for microreactors will grow by 19.1% annually in the next 10 years.
Next up is Nextracker, which has developed tracking systems for solar panels. These systems can automatically tilt and swivel the solar panels so they are always facing the sun.
The tracking system of Nextracker makes it possible to get 15% - 25% more production from the solar panels. That's why Nextracker has managed to capture 26% of the market share for solar tracking systems.
Looking ahead, experts believe that Nextracker will continue to enjoy massive growth as more people move towards solar energy. From FY 2025 - 2028, the revenue of Nextracker is expected to grow 12% annually.
Okla's market cap is around $19.36 billion, while the market cap of Nextracker is around $10.77 billion. And if we look at other numbers, it becomes clear that Nextracker is the best choice.
Nextracker has already proven that its system works, and its product is something that can be used by anyone. Meanwhile, nuclear energy isn't something that will be as widely used as solar energy in the next 5-10 years.