Green Genius
Green Genius is a European renewable energy developer and operator, part of Modus Group, building and owning utility-scale solar, wind, biogas/biomethane, and battery storage projects across eight countries and serving utilities, corporates, and industrial energy consumers via long-term PPAs and a zero-capex Energy-as-a-Service model.
- Company typePrivate
- Founded2019
- HeadquartersVilnius, Lithuania
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Green Genius does
Green Genius is a Vilnius-headquartered renewable energy developer and operator, established in 2019 as part of the diversified Modus Group conglomerate, with operational subsidiaries across Lithuania, Poland, Latvia, Romania, Italy, Spain, Ukraine, and the Netherlands. The company develops, builds, finances, and owns utility-scale solar, wind, biogas/biomethane, and battery energy storage projects, operating a 3.1 GW pipeline that includes 190 MW of installed solar, an 80 MW Lithuanian wind park, 11–13 biogas/biomethane plants in Lithuania and Poland generating over 100 GWh annually, and a 49 MW/196 MWh BESS under construction. It generates revenue primarily through long-term Power Purchase Agreements (PPAs) with utilities and corporates (e.g., Respect Energy for 41 MW), its zero-investment Energy-as-a-Service model (InnoSolveGreen) serving industrial energy consumers (e.g., Švyturys-Utenos alus), and active trading of electricity, biomethane, AIB and Polish GO certificates.
Green Genius's go-to-market is enterprise B2B field sales targeting utilities, large corporates, and industrial energy consumers, with multi-year PPA contracts as the primary revenue mechanic. The company pairs project-level debt financing from a diversified lender base (mBank, NIB, NORD/LB, Swedbank, RGREEN, Cordiant, Sequoia, Berenberg, Eiffel, ILTE) with equity capital anchored by the EBRD as a minority shareholder following cumulative €150M of investment (October 2024 and March 2026), plus Modus Group and INVL. Its technical differentiation centers on a hybrid DC/AC battery storage architecture that enables integration of at least 30% more renewables into constrained grids and a zero-upfront-capital Energy-as-a-Service model backed by €2.6M of EU Innovation Fund grant support.
Commercial momentum is concentrated in 2024–2026, with key 2026 milestones including the commissioning of the largest single-site solar park in the Baltic States (120.8 MW in Jēkabpils, Latvia), the launch of biomethane production at seven converted biogas plants in Lithuania, the start of construction on a 49 MW/196 MWh BESS in Jurbarkas, and additional development financing from INVL for a 650 MW Italian photovoltaic portfolio. Notable strategic relationships include a recurring PPA partnership with Respect Energy (41 MW across two agreements) and an offshore wind joint venture with Polenergia in the Lithuanian Baltic Sea sector.
Green Genius firmographics
Firmographics- Name
- Green Genius
- Legal name
- UAB "Green Genius"
- Website
- https://greengenius.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Green Genius is a European renewable energy developer and operator, part of Modus Group, building and owning utility-scale solar, wind, biogas/biomethane, and battery storage projects across eight countries and serving utilities, corporates, and industrial energy consumers via long-term PPAs and a zero-capex Energy-as-a-Service model.
- Ownership category
- akta.pro rank
Green Genius industry classification
Industry- Product category
- Renewable Energy Generation
- NAICS
- Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Biomass Electric Power Generation (221117), Electric Power Generation (22111)
- SIC
- Electric, Gas & Sanitary Services (4900), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Renewable Energy Infrastructure (FSAAAKAG)
- akta.pro secondary industries
- C&I Renewable Supply & Green Tariffs (Bundled RE, Sleeves, Utility Green Tariffs) (EUAGACAE), Hybrid Renewable Systems & Co-Optimization R&D (Solar+Wind+Storage, Multi-Resource Plants, Controls) (EUAMAOAI), Green Tariffs & Utility Renewable Supply Programs (EUAGADAJ), Unbundled Renewable Attributes Trading (Standalone EACs) (EUAGAFAF)
Keywords
Where Green Genius is headquartered
LocationHeadquarters
- HQ city
- Vilnius
- HQ country
- Lithuania
- HQ region
- Europe
Offices6 records
Markets served
Green Genius business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Technology or R&D, Operations, Personnel, Marketing or Sales
Revenue model
- Owned Renewable Energy Generation: Green Genius develops, builds, and operates its own renewable energy assets (solar, wind, biogas/biomethane). The company generates revenue by selling electricity produced from its operational assets through PPAs, direct power sales, and energy trading. The 2025 Review highlights €355M financing secured and the company aims to surpass 1 GW of its own operational capacity.
- Energy Trading and Origination: Active trading of electrical power through Power Purchase Agreements (PPAs) and Corporate PPAs (CPPAs). Trading of AIB certificates and Polish GO (Guarantee of Origin) certificates. Biomethane trading and Proof of Sustainability (POS) transactions for biomethane.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom Power Purchase Agreements (PPAs) |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Green Genius product offering
Product offeringCore offering
Green Genius is a European renewable energy developer and operator that builds, owns, and operates utility-scale solar PV, wind, biogas/biomethane, and battery energy storage assets across eight European countries. The company sells electricity through long-term Power Purchase Agreements (PPAs) and offers an Energy-as-a-Service (EaaS) model that delivers 100% renewable electricity to industrial consumers without upfront capital investment. Green Genius also trades renewable power and certificates (AIB, GO, biomethane POS) on European energy markets.
Product overview
Green Genius is a European renewable energy company developing and operating solar, wind, biogas/biomethane, and energy storage projects. The portfolio includes a 3.1 GW development pipeline targeting over 1 GW of own operational capacity. Core activities span project development, construction, and operation across solar energy (with projects in Italy, Lithuania, Poland, Latvia), wind energy (80 MW Jurbarkas wind park), biogas/biomethane production (13 plants in Lithuania and Poland), and battery storage systems. The company also offers power trading and PPA services, plus specialized offerings like the InnoSolveGreen Energy-as-a-Service solution for industrial consumers.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Energy Development Development, construction, and operation of utility-scale solar photovoltaic power projects across Europe (Lithuania, Poland, Latvia, Italy, Romania, Spain). Provides owned clean electricity generation assets sold via PPAs to corporations and utilities.
- Wind Energy Development Development and operation of utility-scale wind power parks, including the completed 80 MW Jurbarkas wind park in Lithuania with 14 wind turbines, supplying renewable electricity through PPAs and to wholesale markets.
Quantifiable outcome
- 3.1 GW project pipeline across Europe
- +4 more outcomes
Companies that use Green Genius
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Green Genius technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Green Genius partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered operational, core and strategic.
- LitgridoperationalLithuanian electricity transmission system operator that connected Green Genius's 85 MW wind park and 196 MWh battery storage system to the transmission network.
- Respect EnergycoreGreen Genius and Respect Energy signed a PPA contract for 41 MW (16 MW for 5 years, 25 MW for 10 years). This was the second PPA agreement between the companies since October 2022, with energy supply starting April 2024.
- Respect EnergycoreGreen Genius and Respect Energy signed a 10-year PPA for 25 GWh/year of solar energy supply, projected to save over 180,000 tons of CO2 emissions during the partnership.
- PolenergiastrategicGreen Genius and Modus Energy AB partnered with Polenergia to develop offshore wind energy projects in the Lithuanian sector of the Baltic Sea. A special purpose vehicle was created with Green Genius as local partner.
Scale indicators12 records
Recent moves6 records
Expansion highlights7 records
Green Genius competitors and assessment
Company assessmentDirect peers
- OX2: Nordic-headquartered renewable energy developer developing and selling wind, solar and storage projects across the Nordics and broader Europe. Comparable as a European multi-technology developer with similar development-to-operate business model.
- Sonnedix: Global solar IPP with a large European footprint operating and developing utility-scale PV plants under long-term PPAs. Comparable as a pure-play multi-country solar developer/operator with European geographic overlap.
- Encavis AG: Germany-listed independent power producer focused on solar and onshore wind across Europe. Closely comparable as a publicly-traded European renewable IPP pursuing growth via acquisition and green-field development with long-dated PPAs.
- Statkraft: Norwegian state-owned renewable energy IPP and one of Europe's largest generators of hydropower, wind, solar and biomass. Directly comparable as a European multi-technology, multi-country renewable developer with significant PPA/trading operations.
Regional players
- CEZ Group: Czech state-controlled utility with a growing renewable portfolio across Central and Southeastern Europe (Romania, Bulgaria, Poland). Comparable as a utility-scale developer competing in overlapping geographies such as Romania.
- PGE Group (PGE Polska Grupa Energetyczna): Largest Polish energy group, actively developing renewable generation (wind, solar, BESS) in Poland. Comparable as a competing renewable developer in Green Genius's core Polish market, though larger and incumbent.
Emerging players
- ReNew Energy Global: Emerging-market focused renewable IPP (primarily India) with growing European ambitions and similar hybrid wind/solar/storage portfolio model. Comparable as a pure-play utility-scale renewable developer pursuing institutional capital (e.g., similar EBRD/CPPF investors) for cross-border expansion.
Broad incumbents
- EDP Renováveis: Iberian-headquartered, globally diversified renewable energy developer majority-owned by Energias de Portugal. Comparable as a utility-scale wind and solar developer with European project pipelines and PPA-based revenue.
- Iberdrola Renovables: Spanish-headquartered global utility with one of Europe's largest renewable generation footprints across wind, solar, BESS and green hydrogen. Comparable as a multi-geography utility-scale developer with significant PPA activity in European markets where Green Genius operates.
- RWE Renewables: European utility with a large, multi-country renewables portfolio across onshore/offshore wind and solar, plus green PPA origination. Comparable as a utility-scale renewable developer in the same European geographies as Green Genius, though much larger and more diversified.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks7 records
Key highlights7 records
Customer concentration
Green Genius social profiles
Digital presenceGreen Genius financial estimates
Financial estimateRevenue estimate
Valuation estimate
Green Genius leadership team
Management profileNumber of profiles
Profiles1 record
Green Genius subsidiaries and ownership
Company hierarchySubsidiaries14 records
Green Genius funding detail
Funding detailFunding overview
Funding rounds5 records
Investors6 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Green Genius 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 Green Genius
What does Green Genius do?
Green Genius is a European renewable energy developer and operator that builds, owns, and operates utility-scale solar PV, wind, biogas/biomethane, and battery energy storage assets across eight European countries. The company sells electricity through long-term Power Purchase Agreements (PPAs) and offers an Energy-as-a-Service (EaaS) model that delivers 100% renewable electricity to industrial consumers without upfront capital investment. Green Genius also trades renewable power and certificates (AIB, GO, biomethane POS) on European energy markets.
Is Green Genius a public or private company?
Green Genius is a private company. It is classified as corporate owned and is currently operating.
When was Green Genius founded?
Green Genius was founded in 2019. It employs 101 to 250 people.
Where is Green Genius based?
Green Genius is headquartered in Vilnius, Lithuania, in the Europe region.
How does Green Genius make money?
Two revenue lines are on record. Owned Renewable Energy Generation is the primary driver. The others are energy Trading and Origination.
Who are Green Genius's main competitors?
Direct peers on record are OX2, Sonnedix, Encavis AG and Statkraft. Regional players are CEZ Group and PGE Group (PGE Polska Grupa Energetyczna). ReNew Energy Global is listed as an emerging player. Broad incumbents are EDP Renováveis, Iberdrola Renovables and RWE Renewables.
Does Green Genius have an API?
No public API is recorded for Green Genius.
What industry is Green Genius in?
Green Genius's product category is Renewable Energy Generation. Its primary akta.pro industry code is FSAAAKAG, Renewable Energy Infrastructure, with a secondary code of EUAGACAE, C&I Renewable Supply & Green Tariffs (Bundled RE, Sleeves, Utility Green Tariffs). Its NAICS code is 221114 and its SIC code is 4900.