Nextracker acquires Origami Solar for $53 million

Nextracker has acquired US steel solar frame maker Origami Solar for $53 million, expanding into panel frame production to accelerate installations, support local supply chains and improve system durability.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 earnout consideration, and marks Nextracker's entry into the solar panel frame market. Nextracker said the acquisition adds dedicated panel frame design and engineering expertise to the company, supporting ...

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