Nextpower Completes Acquisition of Prevalon Energy, Launches Advanced Energy Storage Business
Expands Nextpower's integrated energy technology platform to support grid-connected storage, hybrid power, and AI data center applications
Nextpower™ (Nasdaq: NXT), a leading provider of integrated energy technology solutions, today announced it has completed its previously announced acquisition of Prevalon Energy, a U.S.-headquartered provider of large-scale battery energy storage systems (BESS), power stabilization solutions, and lifecycle services.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260720085364/en/ A 50 MW 250 MWh solar + storage and grid firming project in the Atacama Region of Chile
This acquisition marks another milestone in Nextpower’s strategy to provide end-to-end solutions spanning power plant design, deployment, optimization, and long-term operations. With the addition of energy storage, Nextpower’s integrated platform extends beyond solar with a proven portfolio of BESS, energy management software, and power control technologies and lifecycle services supporting grid-connected storage, hybrid power plants, AI data center infrastructure, and other critical power applications. The business brings a proven track record with more than 6 GWh of energy storage systems deployed worldwide.
