CEO Talk: Utility-scale solar projects across Europe are under growing cost pressure, even as expectations around yield, grid integration and long-term profitability continue to rise. Which new ideas boost project value, and which innovations matter most to the market? Let‘s find out.
The deal, announced at Intersolar Europe, brings more than 20 GW of deployed projects and a presence across 58 countries, with the combined business expected to generate around €300 million in annual revenue.
With agrivoltaic modes, row-level controls and a system built for frost-prone and mixed-soil sites, the company is positioning itself for a more technically demanding phase of European solar development.
A decade on from its tracker origins, the Nasdaq-listed company is using its first Intersolar under the Nextpower name to position itself as a single-source partner for European developers and EPCs.
The $974 million close of NextPower V, backed by European pension funds and a major Japanese institution, takes NextEnergy Capital's total assets under management to approximately $5 billion.
The California-based tracker specialist is acquiring Prevalon Energy for up to $365 million, adding 6 GWh of deployed storage and 1.3 GW of data centre supply contracts to its solar technology platform.
The project, backed by a long-term PPA, sits within a wider solar cluster and is expected to be hybridised with co-located storage to support grid stability.
NextEnergy Capital has recently announced that NextPower UK ESG has increased its total funds committed to date to £653m, exceeding its fundraising target of £500 million by 30%.
The UK Infrastructure Bank has made its first private sector transaction, which will help catalyse a new £500m fund with NextEnergy Capital that could double the amount of subsidy-free solar power in the UK.
