Battery energy storage capabilities have been added to Nextpower's portfolio following the completion of its acquisition of Prevalon Energy. The transaction expands the company's offerings with utility-scale BESS, energy management software, and lifecycle services for grid-connected storage, hybrid renewable projects, and AI data center infrastructure.
News Synopsis
Nextpower, a Fremont, California-based provider of integrated energy technology solutions, has completed its previously announced acquisition of Prevalon Energy, a U.S.-headquartered supplier of utility-scale battery energy storage systems (BESS), power stabilization technologies, and lifecycle services. The transaction, announced on July 20, 2026, strengthens Nextpower's integrated energy platform and expands its presence in the rapidly growing global battery storage sector.
The acquisition supports Nextpower's strategy of delivering end-to-end energy solutions covering power plant design, engineering, deployment, optimization, and long-term operations. By adding Prevalon's energy storage capabilities, the company extends its offering beyond solar generation to include battery energy storage systems, energy management software, power control technologies, and comprehensive lifecycle support.
Prevalon brings a proven operational record with more than 6 GWh of battery energy storage systems deployed worldwide. Its portfolio serves utility-scale projects, grid-connected storage applications, hybrid renewable power plants, and critical infrastructure requiring reliable and dispatchable power.
The expanded platform positions Nextpower to serve utilities, independent power producers, grid operators, and developers seeking integrated renewable energy and storage solutions. The acquisition also strengthens the company's ability to support emerging applications such as AI data centers, where reliable electricity supply and energy resilience are becoming increasingly important.
According to Nextpower, integrating Prevalon's technologies creates a broader portfolio capable of supporting grid flexibility, renewable energy integration, and long-term energy asset management. The company said the transaction enhances its ability to meet increasing demand for utility-scale storage while providing customers with a single provider for generation, storage, software, and operational services.
The company also confirmed that Tom Cornell will continue leading the Prevalon business, ensuring continuity for customers and ongoing project execution. With the acquisition completed, Nextpower expects to leverage Prevalon's experience and deployed asset base to strengthen its long-term growth strategy in integrated clean energy technologies.