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Nextpower Acquisition of Zigor and Apex Power Inverter Assets

Sector: Energy Storage • Location: United States

Source: PV Tech

Project
Planned

Nextpower is acquiring the power conversion assets of Spain-based Zigor Corporation and its US subsidiary, Apex Power, in a deal valued at approximately US$80.5 million. The acquisition expands Nextpower's product portfolio in utility-scale solar power conversion and supports entry into battery energy storage and data center markets. Production ramp-up is expected in 2027, with additional investme

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The project “Nextpower Acquisition of Zigor and Apex Power Inverter Assets” is an infrastructure initiative in the Energy Storage sector, located in United States. Taiyo aggregates data on it from PV Tech.

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planned

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Description

Description

Nextpower is acquiring the power conversion assets of Spain-based Zigor Corporation and its US subsidiary, Apex Power, in a deal valued at approximately US$80.5 million. The acquisition expands Nextpower's product portfolio in utility-scale solar power conversion and supports entry into battery energy storage and data center markets. Production ramp-up is expected in 2027, with additional investment planned to scale US manufacturing capacity.

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