Nextpower Completes Power Conversion Asset Acquisition

Nextpower has completed its acquisition of complementary power conversion assets from Zigor Corporation and its US-based subsidiary, Apex Power. The transaction expands the company’s technology platform with power conversion solutions for utility-scale solar and energy storage applications.

The acquired portfolio includes proprietary inverter technology, established supply-chain capabilities and engineering expertise in the United States and Spain. Nextpower’s central inverter products are UL-certified for the US market, while other products carry IEC certification for Europe and international markets.

The company’s power conversion portfolio includes modular central inverter configurations of up to 5.2 MVA. The platform has been designed for field serviceability, with replaceable power modules using standard components and tools intended to simplify maintenance and reduce downtime.

Nextpower is also accelerating its US manufacturing buildout, with deliveries expected to ramp in early 2027. The company expects more than 10 GW of manufacturing capacity to be online within twelve months.

The acquisition strengthens Nextpower’s position in power conversion and complements its existing solar tracker, electrical balance-of-system and energy technology portfolio.

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