US BESS integrator Prevalon becomes Nextpower’s latest acquisition for US$365 million

energy-storage.news Jun 2, 2026

US BESS integrator Prevalon becomes Nextpower’s latest acquisition for US$365 million

Curated by Shubham · TechCapsules · Jun 2, 2026

AI-summarised brief · reviewed before publication

US-based solar PV solutions provider Nextpower has agreed to acquire BESS system integrator Prevalon Energy for up to US$365 million. The acquisition marks Nextpower's entry into the utility-scale battery energy storage system (BESS) market, expanding its technology platform across BESS and intelligent controls for critical power infrastructure. Prevalon has deployed over 6GWh of BESS systems globally and 1.3GW of firm supply contracts, primarily supporting AI and hyperscaler data centre infrastructure deployments.

💡 Why It Matters

· Nextpower's acquisition of Prevalon Energy sets the stage for a significant expansion into the US BESS market, which is forecasted to reach US$15 billion by 2030.
· The deal also highlights Nextpower's aggressive growth strategy, with the company increasing its revenue outlook for fiscal year 2027 to between US$4-4.4 billion.

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