Cherry Street Energy

Name

Cherry Street Energy

Legal name

Cherry Street Energy

Website

https://cherrystreetenergy.com

Company type

Private

Founded year

2015

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Commercial Solar Energy Services

NAICS

Solar Electric Power Generation (221114)

SIC

Electric Services (4911)

akta.pro primary industry

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

Keywords

• Commercial solar power
• Power purchase agreements
• Solar energy services
• On-site solar generation
• Renewable energy infrastructure

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Power Purchase Agreement (PPA): Cherry Street designs, finances, owns, and operates solar infrastructure at customer sites. Customers pay a competitive, fixed rate for the electricity produced over 20-year contract terms. This creates recurring revenue from electricity sales while customers avoid capital expenditures for energy infrastructure.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Cherry Street Energy designs, finances, owns, and operates on-site solar power infrastructure for commercial, industrial, municipal, educational, and healthcare organizations. Customers purchase the electricity produced at a fixed rate through 20-year Power Purchase Agreements, eliminating capital costs and maintenance fees. Battery storage and EV charging are offered as integrated add-on modules at customer sites.

Product overview

Cherry Street Energy operates a unified solar-as-a-service platform offering on-site solar power systems as the core product, with batteries and EV charging as add-on modules. The company designs, finances, owns, and operates all infrastructure while customers purchase electricity via fixed-rate Power Purchase Agreements. Their Do Good and Do Well® program encompasses community initiatives through Shine On® and Solar School™ sub-brands. The portfolio spans commercial, manufacturing, education, municipal, and healthcare sectors.

Differentiator

Problem solved

Functional benefit

Products and services

• Solar Power Systems On-site solar power generation infrastructure designed, financed, owned, and operated by Cherry Street Energy. Commercial, industrial, municipal, educational, and healthcare organizations purchase the electricity produced at competitive fixed rates through long-term PPAs, eliminating capital costs and maintenance fees.
• Battery Storage Battery storage solutions co-located with Cherry Street's solar installations to provide dispatchable power, grid services, and enhanced renewable energy asset value for customers.
• EV Charging Electric vehicle charging infrastructure integrated with on-site solar and battery solutions for commercial and organizational customers.

Quantifiable outcome

• 23% of annual energy use offset for Holy Innocents' Episcopal Church
• +2 more outcomes

Named customers12 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Insight GlobalcoreStrategic or Co-development Partner · 13 May 2026Cherry Street Energy financed and installed a 112.89-kilowatt rooftop solar array comprising 210 panels for Insight Global's Monument Consulting office in Richmond, Virginia. The system is expected to generate approximately 156,647 kilowatt-hours of renewable electricity annually. The project operates under a 20-year Power Purchase Agreement.
• Holy Innocents' Episcopal ChurchminorStrategic or Co-development Partner · 20 January 2026Cherry Street Energy partnered with Holy Innocents' Episcopal Church in Atlanta to provide solar energy under a 20-year agreement. The system will offset 23% of the church's annual energy use and generate more than $300,000 in savings over the agreement length while reducing carbon emissions. This partnership expands Cherry Street's service within the faith-based community.
• Inman SolarcoreStrategic or Co-development Partner · 1 January 2026Cherry Street Energy acquired 16 distributed generation projects totaling 12.7 MW of solar capacity from Inman Solar. The acquisition spans Georgia, Florida, Washington D.C., South Carolina, and Michigan, with annual baseline production of 20,073 MWh. Inman Solar is refocusing on its core EPC services and development business following the transaction. Cherry Street plans to evaluate co-locating battery storage systems at these sites.
• Temple SinaiminorStrategic or Co-development PartnerExisting faith-based customer relationship referenced in context of expanding service within the faith-based community.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Others

• CleanEnergy Credit Union (no, financial):

Direct peers

• Hecate Energy: Develops and operates solar and storage projects with a growing footprint in C&I and utility-scale solar. Hecate's PPA-driven ownership model and recent storage integration mirror Cherry Street's announced expansion into co-located batteries.
• Pivot Energy: National commercial and community solar developer that finances, builds, owns, and operates solar assets for businesses, municipalities, and nonprofits. Pivot's PPA model and Southeast presence make it a close direct competitor for Cherry Street's enterprise and public-sector deals.
• Alchemy Renewable Energy: Develops, finances, owns, and operates distributed and utility-scale solar projects, with emphasis on commercial and community solar PPAs. Alchemy's behind-the-meter and front-of-meter solar focus directly overlaps with Cherry Street's distributed generation model.
• Summit Ridge Energy: Owns and operates a large fleet of distributed solar projects serving commercial, municipal, and institutional off-takers under long-term PPAs. Summit Ridge's business model closely mirrors Cherry Street's site-by-site asset ownership and recurring electricity revenue approach.
• Cypress Creek Renewables: One of the largest US developers and owners of distributed and utility-scale solar, operating C&I and community solar projects across the Southeast and beyond. Cypress Creek is the most direct competitor to Cherry Street's on-site commercial solar PPA model and competes head-to-head for enterprise and municipal customers.
• ForeFront Power: Provides on-site solar, storage, and EV charging solutions to public-sector, commercial, and nonprofit customers under PPAs. ForeFront Power's institutional and municipal customer focus is highly comparable to Cherry Street's go-to-market.

Broad incumbents

• Ameresco: Public energy efficiency and renewable energy firm that designs, finances, and operates solar and storage projects for federal, state, municipal, and commercial customers. Ameresco's ESPC and PPA offerings compete directly with Cherry Street in the public-sector and enterprise segments.
• ENGIE Distributed Solar: The distributed generation arm of global energy major ENGIE, delivering on-site solar, storage, and energy services to C&I customers. ENGIE offers broader energy solutions and significantly more capital than Cherry Street but competes in the same enterprise solar PPA segment.

Regional players

• Renu Energy Services: Southeast-focused solar developer serving commercial, industrial, and municipal customers in the Carolinas and surrounding states. Renu's regional concentration overlaps with Cherry Street's core Southeast territory.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds3 records

Investors1 record

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 Cherry Street Energy