NextCom continues to strengthen its activity in the renewable energy sector, recording significant growth in its order backlog alongside an expanding portfolio of solar and energy storage projects. The company is currently undergoing a strategic transformation, reinforcing its range of solutions in energy, cleantech, and power infrastructure.
During the recent period, NextCom signed several new agreements, including an EPC project for the construction of a solar power plant combined with energy storage, with a total value of approximately ILS 28 million. These projects reflect growing demand for energy generation and storage solutions, against the backdrop of rising electricity consumption and ongoing efforts to diversify Israel’s energy sources.
Increasing Focus on Energy Solutions
The shift of the company’s operational focus toward renewable energy stems from structural changes in the market, including rising energy needs among electricity‑intensive industries, alongside regulatory and environmental trends. These areas are becoming key growth drivers for NextCom, supported by capabilities and infrastructure developed over many years of execution and project delivery.
Record Order Backlog and Outlook
A central indicator of NextCom’s current stage of activity is its order backlog, which has increased within one year from approximately ILS 454 million to about ILS 903 million. The backlog is largely based on energy and cleantech projects and reflects continued demand for the company’s solutions.
According to the company’s estimates, approximately ILS 500 million from the current backlog is expected to be executed during 2026, with projected annual revenue in the range of ILS 550–600 million. Management believes that the broad distribution of projects throughout the year supports gradual improvement in performance, particularly toward the second half of 2026.
At the same time, the company notes the existence of execution challenges and security‑related uncertainty that may affect the pace of certain projects. Nevertheless, NextCom assesses that its current activity base and backlog size provide a solid foundation for continued growth.