What Daystar Power does

Daystar Power Group, founded in 2017 and headquartered in Ebène, Mauritius with primary operations in Lagos, Nigeria, is a Shell Group subsidiary that provides solar power and energy efficiency solutions to commercial and industrial (C&I) customers across West Africa. The company designs, installs, and operates solar-hybrid energy systems — combining solar generation with battery storage — that are tailored to each site's grid and operational profile, with documented deployments in Côte d'Ivoire, Ghana, Senegal, and Nigeria.

The company's core offering is structured around Power Purchase Agreements (PPAs): Daystar finances, owns, and operates the solar-hybrid assets on customer sites, while customers pay fixed-cost solar tariffs for the electricity generated, avoiding upfront capital expenditure. To address liquidity barriers in Nigeria, Daystar has partnered with Sterling Bank to deliver a hybrid financing scheme that provides dedicated credit facilities for eligible C&I customers. The technology stack is infrastructure-led (solar-hybrid systems, PPA contracting, multi-year recurring revenue) rather than software-led, and there is no disclosed AI/ML, API, or platform layer in the input data.

Daystar generates revenue primarily through long-term recurring PPA tariffs across multi-year contracts, supplemented by solar installation services for projects delivered on an upfront basis. Its customer base is concentrated in large enterprise C&I accounts, with Nestlé as a flagship partner across four manufacturing facilities totaling 6,884 kWp, alongside Ghana-based deployments for Rider Steel, Nexans Kabelmetal, and AngloGold Ashanti. The company is recognized as one of Africa's Top 10 Solar Companies in 2025 by African Exponent.

Name

Daystar Power

Legal name

Daystar Power Group

Website

https://daystar-power.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Commercial and Industrial Solar Energy Services

NAICS

Solar Electric Power Generation (221114)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)

akta.pro secondary industries

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Hybrid PPAs (Renewables + Storage) & Firm Renewable Products (EUAGADAI)

Keywords

• Commercial solar power
• Solar-hybrid systems
• Power purchase agreements
• Industrial energy efficiency
• C&I solar financing

Headquarters

HQ city

Ebène

HQ country

Mauritius

HQ region

Africa

Offices4 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Power Purchase Agreements (PPAs): Daystar Power enters into long-term Power Purchase Agreements with commercial and industrial customers, providing solar-hybrid systems at no upfront cost to the customer. Customers pay a fixed-cost solar tariff for the electricity generated, enabling immediate operational savings without capital expenditure. This model generates recurring revenue over multi-year contract terms.
2. Solar Installation Services: Design, installation, and commissioning of solar systems at customer facilities. Revenue generated through upfront project delivery for installations tailored to specific site requirements across multiple countries.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

Daystar Power designs, installs, owns, and operates solar-hybrid energy systems for commercial and industrial customers in West Africa under long-term Power Purchase Agreements (PPAs). Customers pay fixed-cost solar tariffs with no upfront capital expenditure, accessing tailored solar-plus-battery systems that reduce grid dependency, energy costs, and greenhouse gas emissions. A hybrid financing scheme with Sterling Bank extends credit facilities to eligible C&I customers to remove liquidity barriers to solar adoption.

Product overview

Daystar Power, a Shell Group subsidiary, provides integrated solar energy solutions for commercial and industrial customers across Africa. The company's portfolio centers on three interconnected offerings: Solar-Hybrid Systems delivering high-efficiency power with improved energy resilience; long-term Power Purchase Agreements (PPAs) enabling fixed-cost solar tariffs; and a Hybrid Financing Scheme developed in partnership with Sterling Bank to address upfront cost barriers. Together, these products enable businesses to reduce energy costs, improve operational continuity, and support sustainability and net-zero commitments.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar-Hybrid Energy Systems High-efficiency solar-plus-battery energy systems designed for commercial and industrial customers, providing energy resilience, reduced greenhouse gas emissions, and improved operational continuity while delivering fixed-cost solar tariffs.
• Power Purchase Agreements (PPAs) Long-term Power Purchase Agreements paired with solar-hybrid systems that enable businesses to transition to fixed-cost solar tariffs for immediate operational savings and reduced grid dependency, without upfront capital outlay.
• Hybrid Financing Scheme with Sterling Bank A financing solution developed with Sterling Bank to cover upfront costs for eligible commercial and industrial customers, overcoming liquidity and tenure barriers that have historically limited solar adoption in Nigeria.

Quantifiable outcome

• 6,884 kWp (nearly 7 MW) total installed capacity across four facilities
• +2 more outcomes

Named customers4 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

One partnership is on record.

• NestléflagshipStrategic or Co-development PartnerDaystar Power has expanded its solar energy partnership with Nestlé across West Africa, with fully operational installations at four manufacturing facilities in Côte d'Ivoire, Ghana, and Senegal totaling 6,884 kWp. The partnership began with a single site and scaled to span three countries, representing one of the largest commercial and industrial solar partnerships in the region, supporting Nestlé's net-zero emissions commitments.

Scale indicators5 records

Recent moves9 records

Expansion highlights5 records

Direct peers

• Yellow Door Energy: Middle East and Africa-focused distributed solar developer providing solar PPAs and energy efficiency solutions to commercial and industrial customers. Comparable C&I distributed solar PPA business model with expanding African footprint.
• Arnergy: Nigerian solar energy company providing distributed solar solutions to commercial, industrial, and residential customers with a focus on hybrid systems and energy storage. Directly comparable geography (Nigeria) and C&I customer orientation.
• CrossBoundary Energy: Pan-African provider of distributed solar and hybrid power solutions to commercial and industrial customers via PPA structures. Directly comparable business model (no-upfront-cost PPAs) targeting similar enterprise customer segments across Africa.
• Starsight Energy: West Africa-focused commercial and industrial solar provider offering PPA-based solar and hybrid solutions to enterprise customers across Nigeria, Ghana, and other regional markets. Closest direct competitor to Daystar in C&I solar PPA model and geography; also a Shell Group subsidiary following acquisition, making it a sibling business as well as a peer.
• Rensource Energy: Nigeria-based distributed energy provider offering solar-hybrid power solutions to commercial and industrial customers via PPA and energy-as-a-service models. Comparable C&I customer base and PPA-driven revenue model in the same Nigerian market.
• Distributed Energy (Equatorial Power): African distributed solar developer delivering solar-hybrid solutions to commercial and industrial customers across sub-Saharan Africa. Comparable C&I distributed generation focus and PPA-based commercial model.

Broad incumbents

• Globeleq: UK-based independent power producer operating utility-scale renewable energy projects across Africa. Comparable African renewable energy focus and named alongside Daystar in the 2025 Top 10 Africa solar ranking; operates at larger utility scale rather than distributed C&I.
• Scatec ASA: Norwegian renewable energy developer operating solar, wind, and storage projects across emerging markets including Africa. Comparable solar development capabilities and named alongside Daystar in the 2025 Top 10; operates at utility scale rather than distributed C&I.

Emerging players

• M-KOPA: Kenya-based pay-as-you-go solar provider serving off-grid households and small businesses across East and West Africa. Comparable African solar focus and 2025 Top 10 recognition, but focused on off-grid consumer financing rather than enterprise-scale C&I PPAs.
• d.light: Africa-focused solar energy company providing pay-as-you-go solar home systems and commercial solutions. Comparable African solar focus and 2025 Top 10 ranking, but focused on off-grid and lower-tier segments rather than enterprise C&I PPAs.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/Daystar_Power
• Facebookfacebook.com/DaystarPower
• LinkedInlinkedin.com/company/daystar-power-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds10 records

Investors11 records

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 Daystar Power