Nextpower Completes Acquisition of Power Conversion Assets, Accelerates U.S. Manufacturing Ramp

Nextpower™ (Nasdaq: NXT), a prominent provider of clean power technology solutions, has successfully finalized the acquisition of certain assets from Zigor Corporation’s power conversion business and its U.S. subsidiary, Apex Power. This strategic move significantly broadens Nextpower’s power technology portfolio, incorporating UL-certified central inverters suitable for large-scale solar and energy storage ventures in the U.S., along with IEC certification. This acquisition is poised to enhance Nextpower’s position in the market and it reinforces its commitment to advancing sustainable energy solutions.