Solar Technology Acquisitions
Nextpower Has Acquired Zimmermann to Expand Its European Solar Reach
Adam Harrie — June 22, 2026
Nextpower agreed to acquire Zimmermann PV-Steel Group, a European solar substructure technology provider with more than 20GW deployed across 2,500 projects in 58 countries, in a deal valued at up to €330 million in cash and stock. The acquisition adds fixed-tilt, carport, high-density tracker, agriPV and floating PV structural solutions to Nextpower's portfolio, broadening its ability to support diverse land-use and permitting requirements across Europe.
Fixed-tilt systems currently account for roughly 50% of Europe's utility-scale solar market, particularly in Germany, France and Poland. Combined with Nextpower's recent launch of the NX Gemini tracker platform, the deal is expected to more than double the company's addressable solar capacity opportunity across the continent.
The acquisition shows how consolidation among solar technology providers is creating more comprehensive platforms that support a wider range of utility-scale renewable energy projects.
