Battery Storage Acquisitions
Nextpower Acquired Prevalon Energy to Expand Its Storage
Adam Harrie — July 20, 2026
Nextpower completed its acquisition of Prevalon Energy, adding a utility-scale battery storage provider with more than 6 GWh of deployed systems worldwide to its integrated energy technology platform. The deal expands Nextpower's offerings beyond solar into energy storage, power stabilization and lifecycle services for grid-connected storage, hybrid power plants and AI data center infrastructure.
Prevalon will continue operating under founding CEO Tom Cornell following the acquisition, giving Nextpower a stronger foothold in one of the fastest-growing segments of the global power industry. The combined platform now spans power plant design, deployment, optimization and long-term operations for utility-scale customers and data center developers seeking reliable, dispatchable power at scale.
Nextpower shows how integrated solar-and-storage platforms are becoming essential for utilities and power producers seeking a single, bankable partner to deliver reliable clean energy capacity quickly.
