Where is NextPower located?

NextPower is headquartered in Shenzhen, China.

Is NextPower a funded company?

NextPower is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does NextPower rank among its competitors?

NextPower ranks 500th amongst 871 active competitors, of which 76 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was On.Energy, which secured $25M in Apr, 2024.

Who are the top competitors of NextPower?

NextPower's top competitors include Sungrow, Wartsila and Tigo. Among them, On.Energy secured the most recent funding round in April, 2024.

NextPower - 2026 Company Profile & Competitors

Company Details

Manufacturer of solar inverters, MPPT chargers, and energy storage systems. The company designs, develops, and manufactures products and solutions for solar power conversion. It offers solar inverters, MPPT chargers, solar UPS, photovoltaic systems, and lithium battery energy storage systems. The company provides customer services and technical support.

Key Metrics

Founded Year

2019

Location

Shenzhen, China

Stage

Unfunded

Ranked

500^th among 871 active competitors

Similar Companies

Wartsila & 485 more

View NextPower's full profile

NextPower has not raised any funding rounds yet.

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Top competitors of NextPower include Sungrow, Wartsila and Tigo. Here is the list of Top 10 competitors of NextPower, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Sungrow 1997, Hefei (China), Public	PV Inverter and Power Storage developer	$400M	Chinalink Capital, Yixing Capital & 2 others	75/100
2nd	Wartsila 1834, Vaasa (Finland), Acquired	Provider of technologies and lifecycle solutions for the marine and energy markets	-	BlackRock, Investor & 2 others	73/100
3rd	Tigo 2007, Sebastopol (United States), Public	Designer of solar power conversion and storage products	$161M	Generation Investment Management, Israel Cleantech Ventures ... & 12 others	67/100
4th	Alsym Energy 2015, Woburn (United States), Series B	Provider of non-flammable battery solutions	$104M	General Catalyst, Tata Group & 5 others	64/100
5th	Statcon Energiaa 1991, Noida (India), Acquired	Vertically integrated company that manufactures solar power electronics and provides solar EPC services	-	-	62/100
6th	MRO-TEK 1984, Bengaluru (India), Public	Manufactures solar UPS and inverters	-	Infrastructure Leasing & Financial Services, British International Investment ... Read more	61/100
7th	Fronius 1945, Pettenbach (Austria), Funding Raised	Global family-owned company specializing in welding, solar energy, and battery charging	-	Europa, OeHT	60/100
8th	On.Energy 2016, Miami (United States), Series B	Developer of energy storage technologies	$20M	Ultra Capital, Lombard Odier & 1 others	60/100
9th	GoodWe 2010, Suzhou (China), Funding Raised	Manufacturers of PV inverters and energy storage products	-	Crown Asia Investment Holdings	59/100
10th	Hoymiles Converter Technology 2008, Hangzhou (China), Unfunded	Manufacturer of microinverters and power electronics for the solar industry	-	-	58/100
500th	NextPower 2019, Shenzhen (China), Unfunded	Manufacturer of solar inverters, MPPT chargers, and energy storage systems	-	-	16/100