Heliene Inc
- Company typePrivate
- Founded2010
- HeadquartersSault Sainte Marie, Canada
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
Heliene Inc firmographics
Firmographics- Name
- Heliene Inc
- Legal name
- HELIENE Inc.
- Website
- https://heliene.com
- Company type
- Private
- Founded year
- 2010
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Heliene Inc industry classification
Industry- Product category
- Solar Photovoltaic Modules
- akta.pro primary industry
- Solar PV Module Manufacturing (Cells, Modules, Thin-Film) (EUAMABAD)
- akta.pro secondary industries
- Solar Plant Components Supply & Manufacturing (Modules, Cells, Wafers, Mirrors, Heliostats) (EUACAGAK), Next-Gen Photovoltaics R&D (Perovskite, Tandem, Organic, BIPV Materials) (EUAMAOAA), Solar Roofing & Roof-Mounted PV Systems (IMADAFAO)
Keywords
Where Heliene Inc is headquartered
LocationHeadquarters
- HQ city
- Sault Sainte Marie
- HQ country
- Canada
- HQ region
- North America
Offices4 records
Markets served
Heliene Inc business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Solar Module Sales: Primary revenue from manufacturing and selling solar photovoltaic modules to project developers, utilities, and commercial customers. Modules are sold as complete units for utility-scale, commercial, and residential installations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Standard solar module pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels5 records
Heliene Inc product offering
Product offeringCore offering
Heliene Inc manufactures and sells solar photovoltaic modules — including monofacial and bifacial panels built on PERC, N-type NTYP, and Heterojunction (HJT) cell platforms — at North American production facilities in Ontario, Minnesota, and Florida. Its modules are sold primarily to project developers, utilities, and commercial/residential installers as finished units for utility-scale, commercial, community, and rooftop solar projects.
Differentiator
Problem solved
Functional benefit
Products and services
- 156HC M10 SL Bifacial Module (565W – 595W) High-wattage bifacial solar PV module built with 156 half-cut M10 monocrystalline PERC cells, output range 565W–595W, designed to capture light from both front and rear surfaces for utility-scale and large commercial projects.
- 156HC M10 NTYP SL Bifacial Module (620W – 650W) High-power N-type NTYP bifacial solar PV module with 156 half-cut M10 cells, 620W–650W output range, and dual-glass construction for utility-scale and commercial solar projects requiring higher efficiency.
- 144HC M10 SL Bifacial Module (520W – 550W) Bifacial solar PV module using 144 half-cut M10 monocrystalline PERC cells with 520W–550W output range, designed for commercial and utility-scale installations.
- 144HC M10 NTYP SL Bifacial Module (570W – 600W) N-type NTYP bifacial solar PV module with 144 half-cut M10 cells, 570W–600W output, and dual-glass design for commercial and utility-scale solar installations.
- 132HC M10 SL Monofacial Module (480W – 500W) Monofacial solar PV module using 132 half-cut M10 monocrystalline PERC cells, 480W–500W output range, designed for commercial and utility-scale solar projects.
- 108HC M10 SL All Black Module (380W – 410W) Aesthetic all-black monofacial solar PV module with 108 half-cut M10-sized monocrystalline PERC cells, 21.0% efficiency, 380W–410W output range, 25-year product warranty, and linear performance guarantee, designed for residential and light commercial rooftop installations.
- 108HC M10 SL S1 All Black Module All-black residential solar PV module SKU in Heliene's 108HC M10 SL family, marketed for residential rooftop applications with an aesthetic finish.
- 108HC M10 NTYP SL All Black Module (420W – 450W) N-type NTYP solar PV module with all-black aesthetic, 108 half-cut M10 cells, 420W–450W output range, for residential rooftop installations seeking higher efficiency than standard PERC.
- 132HC M10 NTYP SL Monofacial Module Monofacial N-type NTYP solar PV module listed in Heliene's product catalog for residential and light commercial solar applications.
- 132HC G12R NTYP SL Bifacial Module (600W – 630W) Bifacial N-type NTYP solar PV module using 132 half-cut G12R cells with 600W–630W output range, for commercial and utility-scale solar projects.
- 96HC G12R NTYP SL Monofacial Module (435W – 460W) Monofacial N-type NTYP solar PV module using 96 half-cut G12R cells, 435W–460W output range, for residential and light commercial solar installations.
- 66-cell Heterojunction 370W Module (Multiwire HJT) Super-high-efficiency heterojunction (HJT) solar PV module with 66 cells and a multiwire design using 18 round microwires instead of traditional flat busbars, reducing shading by 25% and delivering 370W output. Produced at Heliene's Riviera Beach FL facility for residential and commercial applications.
Quantifiable outcome
- Manufacturing capacity expansion from 1.1 GW to 2.0 GW by 2024
- +3 more outcomes
Companies that use Heliene Inc
Customer profileNamed customers5 records
Segments4 records
Ideal customer profiles4 records
Heliene Inc technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Heliene Inc partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- American Manufacturers for Energy Resilience (AMER)coreCoalition with Jeffersonville PV Cells Corporation (Canadian Solar subsidiary) and SEG Manufacturing Inc to file anti-circumvention petition targeting South Korean solar imports. Targets Hanwha Q CELLS, HD Hyundai Energy Solutions, and Shinsung E&G.
- SunivacoreThree-year strategic contract for Suniva to supply domestically produced crystalline silicon solar cells for Heliene's new Minnesota module factory. First US-made crystalline solar modules using US-made solar cells qualifying for 10% IRA tax credit.
- NexampcoreSolar module supply agreement enabling Nexamp to supply over 400 community solar projects. Heliene provides domestically manufactured modules meeting IRA content requirements.
- CorningcoreAnnouncement of first 'Made in America' solar module supply chain partnership. Heliene produces modules using American-made components including Corning's technologies.
- NorSuncoreMulti-year partnership contract for supply of US-made wafers. Critical for domestic content compliance under IRA requirements.
- Premier Energies (India)coreJoint venture to build a US-based solar cell manufacturing facility. Pursued with renewed interest given difficult import environment for Chinese and Southeast Asian modules. Feasibility studies underway.
- UGEminorStrategic partnership and multi-year module supply agreement for solar projects.
Scale indicators9 records
Recent moves5 records
Heliene Inc competitors and assessment
Company assessmentDirect peers
- Mission Solar Energy: Mission Solar Energy is a US-based manufacturer of high-efficiency crystalline silicon solar modules serving utility, commercial, and residential markets. It is one of the few US-domestic module peers with similar IRA-aligned positioning and overlapping customer base to Heliene.
- Silfab Solar: Silfab Solar is a Canadian premium solar module manufacturer headquartered in Ontario that competes head-to-head with Heliene in North American residential, commercial, and utility-scale markets. Heliene and Silfab have even jointly submitted comments in Canadian trade proceedings on Chinese imports.
- Suniva: Suniva is a US-based manufacturer of crystalline silicon solar cells and modules and a key strategic supplier to Heliene. Both compete for US utility-scale and C&I developers seeking domestically produced cells and modules under IRA domestic content rules.
- First Solar: First Solar is the largest US-based thin-film solar module manufacturer and a direct competitor to Heliene in selling domestically-produced, utility-scale modules that qualify for IRA tax credits. Both companies target US utility, C&I, and community solar developers with FEOC-compliant supply.
- Maxeon Solar Technologies: Maxeon is a premium solar module manufacturer with US cell and module production (Albuquerque NM) targeting high-efficiency residential and C&I customers. It competes directly with Heliene's HJT and premium product positioning for design-conscious developers.
Broad incumbents
- Hanwha Q CELLS: Qcells (Hanwha Q CELLS) is a global Tier 1 solar module manufacturer with a major US manufacturing footprint in Georgia. It is a broader incumbent competing with Heliene across utility and C&I projects while also being one of the targets of Heliene's anti-circumvention trade petition.
- REC Group: REC Group is a Tier 1 solar module manufacturer with HJT technology focus and US distribution, comparable to Heliene's premium-efficiency positioning. As a broader incumbent, REC sells globally while Heliene focuses on North American domestic-content projects.
- Canadian Solar: Canadian Solar is a global vertically integrated solar manufacturer with significant module capacity in Canada and the US (including through subsidiary CSI Solar). Its scale and US project pipeline overlap with Heliene's IRA-focused, North American manufacturing strategy.
- JA Solar: JA Solar is one of the world's largest vertically integrated solar module manufacturers and a frequent comparator on pricing and capacity. It represents the broader incumbent competitive pressure Heliene faces despite tariff and IRA protection.
- SunPower: SunPower is a US-focused residential and commercial solar module and solutions provider that overlaps with Heliene in the US residential and light commercial rooftop market. As a broader incumbent, SunPower offers full solar solutions while Heliene competes on module hardware.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Heliene Inc social profiles
Digital presenceHeliene Inc financial estimates
Financial estimateRevenue estimate
Valuation estimate
Heliene Inc leadership team
Management profileNumber of profiles
Profiles6 records
Heliene Inc subsidiaries and ownership
Company hierarchySubsidiaries1 record
Heliene Inc funding detail
Funding detailFunding overview
Funding rounds4 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Heliene Inc M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Heliene Inc
What does Heliene Inc do?
Heliene Inc manufactures and sells solar photovoltaic modules — including monofacial and bifacial panels built on PERC, N-type NTYP, and Heterojunction (HJT) cell platforms — at North American production facilities in Ontario, Minnesota, and Florida. Its modules are sold primarily to project developers, utilities, and commercial/residential installers as finished units for utility-scale, commercial, community, and rooftop solar projects.
Is Heliene Inc a public or private company?
Heliene Inc is a private company. It is classified as venture growth investor backed and is currently operating.
When was Heliene Inc founded?
Heliene Inc was founded in 2010. It employs 101 to 250 people.
Where is Heliene Inc based?
Heliene Inc is headquartered in Sault Sainte Marie, Canada, in the North America region.
How does Heliene Inc make money?
One revenue line is on record: solar Module Sales.
Who are Heliene Inc's main competitors?
Direct peers on record are Mission Solar Energy, Silfab Solar, Suniva, First Solar and Maxeon Solar Technologies. Broad incumbents are Hanwha Q CELLS, REC Group, Canadian Solar, JA Solar and SunPower.
Does Heliene Inc have an API?
No public API is recorded for Heliene Inc.
What industry is Heliene Inc in?
Heliene Inc's product category is Solar Photovoltaic Modules. Its primary akta.pro industry code is EUAMABAD, Solar PV Module Manufacturing (Cells, Modules, Thin-Film), with a secondary code of EUACAGAK, Solar Plant Components Supply & Manufacturing (Modules, Cells, Wafers, Mirrors, Heliostats).