ZE Energy
ZE Energy is a Paris-based independent renewable energy producer that develops, finances, builds, and operates standalone battery storage and hybrid solar-plus-storage projects across France, Italy, and Germany, serving utilities, grid operators, and large corporate energy consumers via tenders and Corporate PPAs.
- Company typePrivate
- Founded2020
- HeadquartersParis, France
- Headcount11–50
- GTM typeB2B
- OfferingServices
What ZE Energy does
ZE Energy is an independent French renewable energy producer specializing in battery energy storage systems (BESS) and hybrid solar-plus-storage projects. Founded around 2020 by Mathieu Lassagne and headquartered in Paris (5 rue de la Terrasse, 75017), the company develops, finances, builds, and operates energy assets across France, Italy, and Germany. Its current operating portfolio comprises roughly 284 MW / 1.2 GWh of battery storage and 113 MW of solar PV, with a stated pipeline target of 1.5 GW by 2029.
The company's core technology centers on two configurations: standalone BESS, which provides grid flexibility services such as balancing, frequency regulation, and congestion relief for transmission and distribution system operators; and hybrid solar-plus-BESS systems, which co-locate photovoltaic generation with storage to deliver dispatchable green power. Notable operational assets include France's first standalone solar-plus-storage project at Saint-Sauveur (2020), the 18 MW PV / 7.5 MW–7.5 MWh Gièvres project (2022), and the 77 MW PV / 14.8 MW–35 MWh Project Vert in Landes (2025). Flagship pipeline includes the 98.5 MW / 832 MWh Sessa Aurunca standalone battery project in Campania, Italy, developed jointly with Octopus Energy Generation under a 15-year fixed tender contract with 2028 commissioning target.
ZE Energy monetizes assets through three primary channels: competitive public tenders (MACSE in Italy, CRE and RTE in France), Corporate PPAs with large energy consumers (Orange France signed May 2024; Sorégies since 2021), and project development fees and carried interest from co-investment partnerships. The company has raised over €98 million across three funding rounds from institutional investors including Marguerite, Amundi Energy Transition, Demeter, Sorégies, HTGF, and Acofi Gestion. Its headcount of 11–50 is lean relative to the capital intensity of its assets, reflecting an outsourced-construction developer-operator model with localized country management for each market.
ZE Energy firmographics
Firmographics- Name
- ZE Energy
- Legal name
- ZE ENERGY
- Website
- https://ze-energy.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- ZE Energy is a Paris-based independent renewable energy producer that develops, finances, builds, and operates standalone battery storage and hybrid solar-plus-storage projects across France, Italy, and Germany, serving utilities, grid operators, and large corporate energy consumers via tenders and Corporate PPAs.
- Ownership category
- akta.pro rank
ZE Energy industry classification
Industry- Product category
- Renewable Energy Storage
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- SIC
- Electric Services (4911), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Utility-Scale BESS Project Development & Ownership (IPP/Developer) (EUAFAAAA)
Keywords
Where ZE Energy is headquartered
LocationHeadquarters
- HQ city
- Paris
- HQ country
- France
- HQ region
- Europe
Offices1 record
Markets served
ZE Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Technology or R&D, Personnel, Operations, Marketing or Sales
Revenue model
- Energy Generation and Sale: Revenue from developing, building, and operating renewable energy projects (solar PV) with electricity sold through Corporate PPAs or merchant exposure
- Battery Storage Services: Revenue from providing grid balancing, flexibility, and storage services through BESS assets under long-term contracts (tenders, PPAs)
- Project Development: Developing projects for own portfolio or in partnership with investors, generating development fees and carried interest
Go-to-market motion1 record
Distribution channels3 records
Marketing channels3 records
ZE Energy product offering
Product offeringCore offering
ZE Energy is an independent renewable energy producer that develops, finances, builds, and operates battery energy storage systems (BESS) and hybrid solar+BESS projects. The company delivers grid flexibility, balancing, and congestion management services to grid operators and supplies dispatchable renewable electricity to large corporate energy consumers via Corporate PPAs across France, Italy, and Germany.
Product overview
ZE Energy operates as an independent renewable energy producer offering two core battery energy storage products: Standalone BESS (autonomous battery systems) and Hybrid Solar+BESS (combined solar PV with integrated storage). The company provides grid flexibility solutions and energy asset optimization services, managing the complete project lifecycle from development through financing, construction, and operation. The portfolio spans three European markets (France, Italy, Germany) with projects ranging from 2.5 MW to 145 MW capacity.
Differentiator
Problem solved
Functional benefit
Products and services
- Standalone Battery Energy Storage System (BESS) Autonomous battery energy storage systems that store excess electricity and deliver power on demand, enabling grid stabilization, volatility management, and congestion relief without being paired with renewable generation. Targeted at transmission and distribution system operators.
- Hybrid Solar+BESS Combined photovoltaic solar generation with integrated battery storage enabling continuous, dispatchable power delivery and optimized energy valorization. Targeted at large corporate energy consumers via Corporate PPAs.
- Grid Flexibility Solutions Storage-based services that provide flexibility to electricity grids including balancing supply and demand, stabilizing grid frequency, and relieving transmission congestion. Sold to grid operators via competitive tenders and long-term contracts.
- Energy Asset Optimization Services to optimize energy asset performance through storage and flexibility, managing market volatility and maximizing energy value over the asset lifecycle.
- Project Development Services End-to-end project development covering conception, financing, construction, and operation of battery storage and solar PV projects, executed for own portfolio or with co-investment partners across France, Italy, and Germany.
Quantifiable outcome
- 98.5 MW / 832 MWh battery project capable of meeting daily electricity needs of approximately 130,000 Italian homes
- +2 more outcomes
Companies that use ZE Energy
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles3 records
ZE Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
ZE Energy partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- Octopus Energy GenerationcoreJoint investment partnership for the Sessa Aurunca battery storage project (98.5 MW) in Campania, Italy. Octopus Energy Generation co-invested with ZE Energy in this project, which is one of Italy's largest standalone battery projects. The project has a 15-year fixed contract from a domestic tender and targets commercial operation in 2028.
- Orange FrancecoreStrategic customer and partner through a Corporate PPA for solar energy signed in May 2024. ZE Energy also closed its first non-recourse financing with Caisse d'Epargne Ile-de-France and Bpifrance for this project, which was contracted via a CPPA with Orange France.
- EnerplanminorZE Energy is a member of Enerplan, the French solar energy industry association, demonstrating industry leadership and engagement.
- France RenouvelablesminorZE Energy is a member of France Renouvelables, the French renewable energy federation.
- Cleantech for FranceminorZE Energy is affiliated with Cleantech for France, a network supporting clean technology companies in France.
Scale indicators7 records
Recent moves6 records
Expansion highlights6 records
ZE Energy competitors and assessment
Company assessmentDirect peers
- Akuo Energy: Independent French renewable energy developer with solar, wind, and storage assets across Europe and emerging markets. Comparable on independent IPP business model, hybrid storage configurations, and European project development.
- Boralex: Canadian renewable IPP with substantial European solar, wind, and storage operations in France. Comparable on European renewable + storage IPP model, though significantly larger in scale and listed on the TSX.
- Sonnedix: Global solar IPP with significant European portfolio and growing battery storage presence. Comparable on independent IPP model, European footprint, and focus on solar plus increasingly storage hybrid solutions.
- Neoen: French independent power producer developing, building, and operating solar, wind, and battery storage across Europe and beyond. Direct comparable given shared French IPP heritage, utility-scale BESS focus, and reliance on tenders and corporate PPAs.
- Qair: France-headquartered independent renewable energy producer active across Europe in onshore wind, solar PV, and energy storage. Comparable as a mid-sized European IPP pursuing similar tender and PPA strategies across France, Italy, and Germany.
- Corsica Sole: French independent renewable developer specializing in solar and battery storage, with significant expertise in standalone BESS and hybrid configurations. Closely comparable on French-focused IPP model and storage-first technology approach.
- NHOA (formerly Engie EPS): European storage specialist developing utility-scale BESS and EV charging infrastructure. Comparable on BESS project development, grid flexibility services, and European focus, though NHOA has more downstream hardware exposure.
Broad incumbents
- Lightsource bp: Global solar and storage developer backed by bp with growing European BESS portfolio. Comparable on solar+storage IPP model and European project pipeline, though much larger and backed by an integrated oil major.
- TotalEnergies Renewables: Renewables arm of integrated major TotalEnergies with significant European solar and BESS development. Comparable on utility-scale storage project pipeline in France and broader Europe, though much larger and backed by integrated upstream/downstream operations.
Others
- Octopus Energy Generation: UK-based renewable energy generator and strategic co-investment partner of ZE Energy. Listed as a peer given overlap as a European renewable and storage investor, though primarily a financial/strategic partner rather than direct competitor.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
ZE Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
ZE Energy leadership team
Management profileNumber of profiles
Profiles9 records
ZE Energy subsidiaries and ownership
Company hierarchySubsidiaries1 record
ZE Energy funding detail
Funding detailFunding overview
Funding rounds3 records
Investors7 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ZE Energy 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 ZE Energy
What does ZE Energy do?
ZE Energy is an independent renewable energy producer that develops, finances, builds, and operates battery energy storage systems (BESS) and hybrid solar+BESS projects. The company delivers grid flexibility, balancing, and congestion management services to grid operators and supplies dispatchable renewable electricity to large corporate energy consumers via Corporate PPAs across France, Italy, and Germany.
Is ZE Energy a public or private company?
ZE Energy is a private company. It is classified as venture growth investor backed and is currently operating.
When was ZE Energy founded?
ZE Energy was founded in 2020. It employs 11 to 50 people.
Where is ZE Energy based?
ZE Energy is headquartered in Paris, France, in the Europe region.
How does ZE Energy make money?
Three revenue lines are on record. Energy Generation and Sale is the primary driver. The others are battery Storage Services and project Development.
Who are ZE Energy's main competitors?
Direct peers on record are Akuo Energy, Boralex, Sonnedix, Neoen, Qair, Corsica Sole and NHOA (formerly Engie EPS). Broad incumbents are Lightsource bp and TotalEnergies Renewables. Octopus Energy Generation is listed as an others.
Does ZE Energy have an API?
No public API is recorded for ZE Energy.
What industry is ZE Energy in?
ZE Energy's product category is Renewable Energy Storage. Its primary akta.pro industry code is EUAFAAAA, Utility-Scale BESS Project Development & Ownership (IPP/Developer). Its NAICS code is 221114 and its SIC code is 4911.