The acquisition marks Nextracker’s entry into the solar panel frame market, with the company specifically targeting steel frames as an alternative to traditional aluminum frames used in solar panels.
California-based solar tracker manufacturer Nextracker has acquired US steel solar frame maker Origami Solar. The all-cash deal is valued at approximately $53 million, including future contingent ...
Nextracker (NASDAQ:NXT) said post-market Monday it agreed to acquire Origami Solar, an industry leader in roll-formed steel frame technology, for $53M in cash including future contingent earnout ...
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