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Nextpower Secures Solar Tracker Market Share and Diversifies Business

Fortune · ·by G4L

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NXT Nextpower Inc
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  1. 1Nextpower recorded a 55% share of the US solar tracker market.
  2. 2Nextpower acquired Prevalon Energy's battery storage business for up to $365,000,000 in July.
  3. 3Nextpower completed the acquisition of Germany's Zimmermann PV-Steel Group for $378,000,000 in October.

So what's the key point?

Nextpower holds more than half of the US solar tracker market. The company is expanding its business scope by acquiring a battery business and a German company.

Source Fortune · View original ↗

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