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Nextpower closes Prevalon acquisition, inches closer to world domination
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Fusion42 · 21 July 2026 · Fusion42 review
Nextpower completes $365m acquisition of battery storage company Prevalon Energy, expanding from solar trackers into integrated power generation, storage, software and grid services. The company now controls 6+ GWh of deployed storage and targets a $35bn global storage market opportunity by 2030.
This Wire brief sits within Fusion42's coverage of Climate Tech.
◆ ◆ The Wire takeaway
If you sell solar trackers, inverters, or storage components to utilities and data centres, Nextpower just became your single-window buyer. One company now controls the entire stack from sun to grid - your customer has consolidated, and your sales motion must change.
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1 source · 21 Jul 2026
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