Nextracker completed the acquisition of Origami Solar for $53m.

Nextracker, a leading solar technology platform provider, completed the acquisition of Origami Solar, a pioneer in roll-formed steel frame technology, for $53m. “Origami Solar was founded to drive the commercialization of steel frame technology and to realize the customer value and benefits this new technology can offer. Our team has solved key challenges around design, performance, and high-volume production. By joining forces with Nextracker, we have a great opportunity to scale this innovation faster with their global supply chain ecosystem and deep customer relationships and to commercialize a solution that makes a real impact,” Gregg Patterson, Origami Solar CEO.