Zigor

What Zigor does

Zigor Corporación S.A. (ZGR) is a Spanish power electronics manufacturer founded in 1998 and headquartered in Vitoria-Gasteiz, Spain, designing and producing equipment for electrical energy management and power quality. Its core portfolio centers on Dynamic Voltage Restorers (DVR) — including medium-voltage SET DVR units up to 6.6 kV — industrial double-conversion UPS systems (SEPEC, 200-800 kVA), bidirectional Power Conversion Systems for utility-scale 1500V battery energy storage (PCS 3000 and PCS 4500, achieving up to 98.8% efficiency), and active harmonic filters. Technology differentiators include sub-5ms voltage-sag compensation without batteries, industrial air cooling for high-power outdoor applications (IP55, full power to 50°C), and a modular architecture enabling retrofit and incremental capacity expansion.

ZGR serves four primary business lines: Energy Generation and Storage (PV developers, BESS integrators), Industrial Manufacturing (oil and gas, automotive, food and beverage, pharmaceuticals, electronics), Transmission and Distribution (utilities and grid operators), and Electric Mobility, with data centres as a secondary segment. Revenue is generated through direct enterprise sales of custom-configured hardware and recurring technical services covering installation, commissioning, preventive/corrective maintenance, remote support, and predictive retrofit (extending equipment life by 5-15 years). Customers include Schneider Electric (global DVR supply partner since 2020), Mercadona (~39 MVA of UPS across 71 devices), Ecopetrol, Iberdrola, Acciona, and Abbott, with operational offices in Spain, Mexico, Colombia, and the US.

In May 2026, Nextpower agreed to acquire ZGR's power conversion business for $80.5 million, representing a partial divestiture of the company's modular inverter technology; ZGR retains its DVR, UPS, PCS, and service operations. The company employs 51-100 people and invests approximately 20% of revenue into R&D, including the CONFIA project with TECNALIA on AI-based reliability prediction for power electronic components.

Name

Zigor

Legal name

ZIGOR CORPORACION S.A.

Website

https://zigor.com

Company type

Private

Founded year

1999

Operating status

Operating

Headcount range

51–100 employees

Short description

Zigor is a Spanish power electronics manufacturer designing Dynamic Voltage Restorers, industrial UPS systems, and bidirectional battery chargers for utility-scale storage, serving industrial, energy, and infrastructure enterprises across Europe, Latin America, and the Middle East.

Ownership category

akta.pro rank

Product category

Power Electronics

NAICS

Electrical Equipment Manufacturing (33531), Switchgear and Switchboard Apparatus Manufacturing (335313), Motor and Generator Manufacturing (335312)

SIC

Electrical Industrial Apparatus (3620), Switchgear & Switchboard Apparatus (3613), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)

akta.pro primary industry

Power Conversion Systems for Storage & Charging (PCS, bidirectional inverters, DC/DC) (IMAGAHAE)

akta.pro secondary industries

Grid-Scale Power Conversion & Interconnection (PCS, Grid-Tie Inverters, Converter Stations) (IMAGAAAI), Energy Storage Software & Controls (EMS, monitoring, optimization, cybersecurity) (IMAGAHAJ), Energy Storage Components for Renewables Manufacturing (BESS Packs, PCS, Thermal Management) (EUAMAHAI), Power Electronics Manufacturing (Inverters/DC-DC/Onboard Chargers) (IMACACAD)

Keywords

• Power electronics systems
• Voltage sag compensation
• Industrial UPS systems
• Battery energy storage
• Power conversion systems

Headquarters

HQ city

Central

HQ country

Hong Kong SAR China

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Power Electronics Equipment Sales: Sale of power electronics hardware including inverters (solar, battery), DVRs, UPS systems, harmonic filters, and power conversion systems. Modular and configurable solutions sold directly to industrial, energy, and infrastructure customers.
2. Technical Services and Maintenance: Comprehensive technical service covering the full equipment lifecycle including installation, commissioning, preventive and corrective maintenance, remote support, and predictive retrofit services. Offered as service contracts and one-time engagements.
3. Power Conversion Business (Divested): ZGR's power conversion business (including modular inverter technology for solar plants, battery storage, and data centres) was sold to Nextpower for $80.5 million in 2026.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels9 records

Core offering

Zigor (ZGR Corporación) designs, engineers, and manufactures proprietary power electronics hardware including Dynamic Voltage Restorers (DVR), Active Harmonic Filters, industrial online double-conversion UPS systems (SEPEC), and bidirectional Power Conversion Systems (PCS) for 1500V battery energy storage. Products are sold directly to industrial, energy, infrastructure, data centre, and electric mobility customers with full lifecycle technical service including predictive maintenance retrofit. Manufacturing is conducted in-house at the Vitoria-Gasteiz production plant in Spain.

Product overview

Zigor (ZGR Corporación) is a Spanish power electronics company specializing in comprehensive electrical energy management solutions. The product portfolio centers on power conversion and power quality equipment organized across three main lines: Grid Quality products (Dynamic Voltage Restorers DVR for voltage sag compensation, Active Harmonic Filters, UPS systems), Energy Storage products (PCS bidirectional battery chargers for 1500V BESS systems at 3MW and 4.5MW capacities), and Industrial UPS solutions (SEPEC and SET DVR for medium/high voltage applications). Products span from small office/home UPS (600VA-2kVA) through professional three-phase systems (10-300kVA) to utility-scale storage converters (3-4.5MW). The company also offers predictive maintenance retrofit services and technical support throughout equipment lifecycle. Manufacturing is conducted in Spain with operational presence in Spain, Mexico, Colombia, and the US.

Differentiator

Problem solved

Functional benefit

Products and services

• ZGR AVC DVR HIGH POWER High-power Dynamic Voltage Restorer that compensates voltage sags, overvoltages, phase imbalances, and harmonic distortions in industrial environments without requiring batteries.
• ZGR AVC DVR (Low Power) Low-power Dynamic Voltage Restorer providing real-time voltage compensation for sensitive industrial loads with under 5 ms response time.
• SET DVR (Medium Voltage) Medium-voltage Dynamic Voltage Restorer delivering up to 2.4 MW at 6.6 kV to protect hydrogen production plants and other industrial processes from voltage sags without battery storage.
• ZGR FAA / AHF Active Harmonic Filter Active Harmonic Filter that mitigates harmonic distortions and improves power quality in industrial and commercial electrical installations.
• ZGR PCS 4500 Bidirectional Battery Charger 4.5 MW three-phase bidirectional battery charger/inverter with 1500V DC architecture for utility-scale battery energy storage system (BESS) applications, featuring grid stabilisation, Black Start function, frequency/voltage control, inertia emulation, full power up to 50°C, industrial air cooling, and up to 98.8% maximum efficiency.
• ZGR PCS 3000 Bidirectional Battery Charger 3 MW three-phase bidirectional inverter with 1500V capability for BESS integration, supporting frequency control, Black Start (island mode), active energy reserve, voltage control, and active/reactive power control. Outdoor-rated IP55 with industrial air cooling.
• ZGR DVC SEPEC Industrial UPS Industrial-grade double-conversion online UPS system providing continuous power protection for critical infrastructure including rail, metro, and tram systems.
• SEPEC Industrial UPS 200-800 kVA Industrial online double-conversion UPS with power ratings from 200 kVA to 800 kVA designed to protect automated logistics centres and manufacturing facilities from power interruptions and voltage disturbances. Deployed at scale for Mercadona across 71 devices and nearly 39 MVA of immunisation capacity.
• ZGR TOWER PRO Online UPS (1-10 kVA) Online double-conversion UPS tower-format system for office, home, and professional use with 1-10 kVA power capacity.
• ZGR EFFICIENT RT Online UPS (1-10 kVA) Online double-conversion UPS in rack/tower convertible form factor with 1-10 kVA capacity for office and professional applications.
• ZGR INFLUENCE Three-Phase Online UPS (10-200 kVA) Three-phase online double-conversion UPS for professional use with 10-200 kVA power capacity.
• ZGR SCALABLE Three-Phase Online UPS (60-300 kVA) Three-phase online double-conversion UPS for professional use with 60-300 kVA power capacity.
• ZGR QUICK Line-Interactive UPS (600-800 VA) Line-interactive UPS for office and home use with 600-800 VA power capacity.
• ZGR OPTIME Line-Interactive UPS (600-800 VA) Line-interactive UPS for office and home use with 600-800 VA power capacity.
• ZGR STEADY Line-Interactive UPS (1000-2000 VA) Line-interactive UPS for office and home use with 1000-2000 VA power capacity.
• ZGR VERSATILE Online UPS (10-20 kVA) Online double-conversion UPS for professional use with 10-20 kVA power capacity, available in tower and RT configurations.
• Predictive Maintenance Retrofit Service Data-driven predictive maintenance service based on the Bathtub Curve reliability model that combines retrofit of power electronics components with monitoring of temperature, current, and voltage data to extend equipment lifespan by 5-15 years for photovoltaic plants, energy-intensive industries, and electrical substations.
• ZGR CTR Power Conversion Systems (3000-4500 kW) Power conversion systems in 3000 kW and 4500 kW ratings sharing design architecture with the PCS product line for utility-scale storage and renewable energy integration applications.

Quantifiable outcome

• Equipment lifespan extension of 5-15 years through predictive maintenance and retrofit
• +4 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature6 records

Partnerships

Three partnerships are on record, tiered minor and core.

• Nextpower (formerly Nextracker)minorStrategic or Co-development Partner · 14 May 2026Nextpower acquired ZGR's power conversion business for $80.5 million in May 2026. The deal included modular inverter technology applicable to solar plants, battery storage, and data centres. Production from the acquisition was expected to ramp up in 2027. This represents a divestiture of a portion of ZGR's product portfolio.
• Schneider ElectriccoreStrategic or Co-development Partner · 1 January 2020Framework agreement since 2020 under which ZGR is a global supplier of DVR systems (Dynamic Voltage Restorers) for demanding industrial environments. In 2024, the alliance was strengthened with a new framework contract for Intermediate Power and High Power DVRs, plus Low and Medium Voltage solutions in Colombia and Latin America. ZGR provides specialized training to Schneider Electric technicians. ZGR acts as long-term technology partner beyond simple equipment supply.
• TECNALIAminorStrategic or Co-development PartnerTECNALIA, a Basque research organisation, coordinated the CONFIA project in which ZGR participated alongside other actors in the Basque science and innovation network. The project developed AI-based models, non-invasive measurement systems, and advanced prognosis algorithms to improve reliability of critical components (silicon IGBT semiconductors and capacitors) in power electronic converters. Funded by the Basque Government's ELKARTEK programme.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Eaton: Power management company with strong industrial UPS, power quality, and electrical components portfolio. Directly comparable to ZGR's SEPEC industrial UPS line and serves similar industrial and data center customers.
• Siemens: Major electrical equipment manufacturer with industrial UPS, PCS for BESS, and grid power quality portfolios. Comparable to ZGR's industrial and T&D product lines; competes for similar large industrial and utility customers globally.
• Huawei Digital Power: Global player in smart PCS, inverters, and BESS solutions, particularly in utility-scale and C&I storage. Competitor to ZGR PCS products and increasingly dominant in Latin America and EMEA where ZGR operates.
• Schneider Electric: Global specialist in UPS, power conversion, and grid solutions. Both a strategic partner (DVR supplier) and a competitor across many of ZGR's product categories. Overlap on industrial UPS and T&D equipment makes it the most directly comparable broad incumbent.
• ABB: Global power and automation incumbent offering PCS, UPS, switchgear, and grid power quality solutions. Directly comparable to ZGR across industrial UPS, DVR-equivalent voltage solutions, and grid-tie power conversion, but at vastly greater scale and global footprint.
• Vertiv: Specialist in critical digital infrastructure power and cooling, including industrial and large UPS systems. Comparable to ZGR's data center and rail/metro UPS offerings, though focused on higher-power, IT-grade applications.

Direct peers

• Sungrow: Leading global supplier of solar inverters and PCS for utility-scale BESS. Directly comparable to ZGR PCS 3000/4500 product family and competes for the same utility-scale and large C&I energy storage projects.
• SMA Solar Technology: German solar inverter and battery storage manufacturer with utility-scale PCS offerings. Direct peer in BESS PCS and solar inverters, with overlapping customer base among large-scale PV developers in EMEA and Latin America.
• Power Electronics: Spanish manufacturer of solar inverters, BESS PCS, and motor drives with strong presence in Latin America. Closely comparable to ZGR in product portfolio (PCS, inverters), home geography (Spain), and go-to-market (utility-scale + Latin America).
• Gamesa Electric (Siemens Gamesa): Spanish manufacturer of power conversion equipment including solar inverters and BESS PCS. Direct peer to ZGR's PCS business in home market Spain, with overlapping PV and energy storage customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/zcorporacion
• YouTubeyoutube.com/channel/UCtVU-pArbWl_v7QSQERYZbQ
• LinkedInlinkedin.com/company/zigor-corporaci-n-s-a-

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Zigor