Stardust Solar Energy

Name

Stardust Solar Energy

Legal name

Stardust Solar Technologies Inc.

Website

https://stardustsolar.com

Company type

Public

Founded year

2018

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Solar Energy Services

NAICS

Solar Electric Power Generation (221114)

SIC

Electric Services (4911)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Solar Workforce, Training & Safety Services (Installer Training, Certification, EHS) (EUAMABAO), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

Keywords

• Solar installation services
• Solar franchise network
• NABCEP certified training
• Residential solar leasing
• Utility-scale solar development

Headquarters

HQ city

Burnaby

HQ country

Canada

HQ region

North America

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Revenue model

1. Franchise Royalty Revenue: Recurring royalty revenue generated from franchisees operating across North America and internationally. Franchisees pay a 5% royalty fee on all business conducted. With 106+ franchise territories generating installation activity, training, and technology deployment revenue.
2. Certified Solar Training: Revenue from NAPCEP-aligned and CSA-approved solar training programs including in-person 5-day courses, live virtual training, on-demand online training, PV Technical Sales training, EVSE installation training, and solar hot water training. The company also provides private training to government organizations and corporate clients.
3. Residential & Commercial Solar Installation: One-time revenue from solar PV installation services for residential and commercial customers across franchise territories. Includes roof mount, ground mount, and battery storage systems. Company retains ownership of equipment under its Lease-to-Own program generating recurring monthly payments.
4. Lease-to-Own Program: Residential solar leasing program where the company retains ownership of installed solar equipment during the lease period (10-year in-house financed term), collecting fixed monthly payments and building a portfolio of distributed energy assets that generate recurring revenue over multi-decade system lifecycles.
5. Utility-Scale Power Development: Revenue from utility-scale solar projects including the 30 MW project in Zambia under a 20-year PPA with ZESCO, generating approximately US$90 million in contracted revenue potential over the PPA term. The company also participates in BC Hydro's Community Generation Program.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels5 records

Core offering

Stardust Solar Energy operates a North American solar franchise network that delivers residential and commercial solar PV installation, battery storage (Tesla Powerwall), EV charging, and solar hot water systems. The company also provides NABCEP-aligned and CSA-approved solar training programs and is transitioning into an asset-ownership model through a Lease-to-Own residential solar program and a 30 MW utility-scale solar project in Zambia under a 20-year PPA with ZESCO.

Product overview

Stardust Solar Energy is a renewable energy company operating as a franchise-based solar installation network across North America and expanding internationally. The company offers residential and commercial solar installation services as its core products, complemented by Tesla Powerwall battery storage integration, EV charger installation, and solar training programs. The business model combines a franchise network generating recurring royalty revenue with a strategic shift toward owning energy-producing assets through its Lease-to-Own and Residential Solar Leasing platforms. The company also operates a 30MW utility-scale solar project in Zambia under a 20-year Power Purchase Agreement. The product portfolio includes in-person, virtual, and on-demand training programs for solar installation, NABCEP certification prep, solar technical sales, EVSE installation, and solar hot water heating, positioning Stardust Solar as both a service provider and educator in the renewable energy space.

Differentiator

Problem solved

Functional benefit

Products and services

• Residential Solar Installation Grid-tied solar PV installation services for homeowners including roof mount and ground mount systems, with net metering benefits and battery storage integration options. Includes exclusive use of SunPower/Maxeon panels with a 25-year warranty.
• Commercial Solar Installation Solar installation services for commercial and industrial properties, providing customized solar solutions for businesses and industrial operations seeking to reduce energy costs and achieve sustainability goals.
• Certified Solar Training Programs Comprehensive solar installation training including in-person, virtual, and on-demand options covering PV design, installation, NABCEP exam prep, solar technical sales, EV charger installation, and solar hot water heating systems. NABCEP-aligned and CSA-approved; over 2,500 professionals trained globally.
• Solar Franchise Opportunities Turnkey solar franchise system providing training curriculum, marketing support, administrative tools, lead database, and brand recognition. Initial investment starts at $50,000 with a 5% royalty franchise fee on ongoing business.
• Lease-to-Own Residential Solar Program Residential solar financing program enabling homeowners to install solar systems with no upfront cost through fixed monthly payments, with full customer ownership at end of 10-year term and 25-year product warranty. Company retains equipment ownership during lease period to build a portfolio of distributed energy assets.
• Zambia 30MW Utility-Scale Solar Project Utility-scale solar development in Zambia under a 20-year Power Purchase Agreement (PPA) with ZESCO Limited. Project expected to generate approximately US$90 million in gross energy revenues over operating life, currently in construction preparation phase with POWERCHINA as EPC partner.

Quantifiable outcome

• Reduces residential electricity purchases by 50-90% of annual consumption
• +6 more outcomes

Named customers1 record

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered flagship, minor and core.

• POWERCHINAflagshipStrategic or Co-development Partner · 20 May 2026Stardust Solar signed a Memorandum of Understanding with POWERCHINA, one of the world's largest engineering, procurement, and construction organizations, to collaborate on the 30 MW Zambia utility-scale solar project and broader international renewable energy expansion. The partnership leverages POWERCHINA's global operations spanning over 130 countries and its proven track record including the recent completion of Zambia's 100 MW Kabwe Solar Project within approximately 10 months. The MOU establishes a framework for engineering collaboration, EPC participation, infrastructure planning, and execution strategy to accelerate execution timelines and strengthen project scalability.
• ClimateDoorminorStrategic or Co-development Partner · 15 May 2026Stardust Solar appointed Chad Rickaby, Co-Founder and CEO of ClimateDoor, to its Board of Directors. ClimateDoor supports more than 150 cleantech companies across Canada, the European Union, Australia, and Latin America, bringing international experience in clean technology and aligning with Stardust Solar's long-term global growth strategy.
• Gamma Power Systems LimitedcoreStrategic or Co-development Partner · 12 May 2026Stardust Solar signed a Letter of Intent with Gamma Power Systems Limited engaging them as the selected vendor for transmission lines and substation infrastructure for its planned 30 MW solar power plant in Zambia. The infrastructure package carries an estimated cost of approximately US$646,452 plus 16% VAT (totaling approximately US$750,000). The company plans to directly own and control the transmission assets as part of its strategy to become a vertically integrated renewable energy infrastructure company, with the intent to transfer and sell the infrastructure to ZESCO upon completion of the solar facility.
• Eden ProjectsminorStrategic or Co-development Partner · 6 February 2026Stardust Solar partnered with Eden People + Planet for an expanded sustainability strategy across Africa, extending beyond its tree-planting initiative (51,463 trees since 2018) to include ecological restoration, carbon sequestration, and community development. The partnership supports the 30 MW Zambia solar project through clean power generation integrated with sustainable land use and biodiversity protection, while also supporting conservation projects in Tanzania and Kenya through Eden's portfolio.
• BC Hydro Alliance of Energy ProfessionalscoreStrategic or Co-development Partner · 30 December 2025Stardust Solar received full approval as a registered contractor within the BC Hydro Alliance of Energy Professionals for a two-year term. As an approved Alliance member, Stardust Solar is authorized to assist residential and commercial customers across British Columbia with energy-saving projects and BC Hydro program incentive applications, including solar, battery storage rebates, and business energy-efficiency programs.
• Megatricity Energy Inc.minorChannel Partner/ Reseller/ Distributor · 20 October 2025Stardust Solar awarded its first African franchise to Megatricity Energy Inc. in Zambia, effective September 29, 2025. Under the agreement, Stardust Solar receives royalties on all business conducted in Zambia and oversees the distribution and importation of solar products, while providing training, engineering support, and operational expertise. This represents a launchpad for broader continental growth in Africa, leveraging Zambia's strong solar potential and increasing energy demand.
• SunPower (Maxeon Technology)coreTechnology or IntegrationStardust Solar is the only authorized Canadian dealer of SunPower's proprietary solar panels featuring Maxeon technology and InvisiMount hardware. SunPower panels are described as the highest efficiency and most durable solar panels on the market, providing Stardust Solar with a proprietary technology advantage in the Canadian market.
• Tesla (Energy Products)coreTechnology or IntegrationStardust Solar is a Tesla Powerwall Certified Installer, authorized to install and service Tesla Powerwall 3 battery storage products. This certification enables the company to offer fully-integrated AC battery systems for residential and light commercial use, integrated with solar PV installations.

Scale indicators12 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• Sunrun Inc. Sunrun is the largest US residential solar installer offering solar lease and PPA products with multi-decade recurring payments — the same lease-to-own/asset-ownership model Stardust Solar is replicating at smaller scale, making it the closest large-cap comparable.
• Sunnova Energy International: Sunnova provides residential solar leases and PPAs across the US with a focus on long-term customer contracts and asset ownership, directly comparable to Stardust's Lease-to-Own and Residential Solar Leasing Platform offerings.
• Momentum Solar: Momentum Solar is a regional-to-national residential solar installer with strong direct-sales operations in the US, comparable to Stardust's franchise-led residential installation go-to-market.
• Solar Energy International (SEI): SEI is a leading NABCEP-aligned solar training and certification provider in North America, directly comparable to Stardust's NABCEP/CSA-approved curriculum and certified solar training programs.
• HeatSpring Learning Group: HeatSpring is an online solar training platform offering NABCEP-aligned continuing education and PV courses, directly comparable to Stardust's on-demand and virtual solar training products.

Broad incumbents

• First Solar, Inc. First Solar is a top utility-scale solar PV project developer, relevant as a comparable for Stardust's 30 MW Zambia utility-scale project and broader ambition to develop internationally.
• Tesla Energy: Tesla Energy combines rooftop solar, Powerwall storage, and EV charging solutions — Stardust is a Tesla Powerwall Certified Installer, and Tesla offers similar integrated residential energy products as a portfolio player in the same segment.
• Clearway Energy, Inc. Clearway Energy owns and operates contracted renewable energy assets through long-term PPAs, comparable to the utility-scale, long-tenor PPA structure Stardust is pursuing in Zambia.
• Brookfield Renewable Partners: Brookfield Renewable operates a global portfolio of utility-scale wind, solar, and hydroelectric assets under long-term PPAs, providing a benchmark for the international utility-scale renewable infrastructure strategy Stardust is building toward with its African expansion.

Others

• Maxeon Solar Technologies (SunPower): Maxeon manufactures the SunPower/Maxeon high-efficiency panels that Stardust exclusively distributes in Canada — a partner and adjacent player rather than a competitor, but central to Stardust's residential product positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/stardustsolar/reviews

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds5 records

Investors1 record

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

M&A1 record

Investments

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

Frequently asked questions about Stardust Solar Energy