Cherry Street Energy
- Company typePrivate
- Founded2015
- HeadquartersAtlanta, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
Cherry Street Energy firmographics
Firmographics- 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
Cherry Street Energy industry classification
Industry- 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
Where Cherry Street Energy is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cherry Street Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales
Revenue model
- 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
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | 20-year Power Purchase Agreement with fixed electricity rates |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Cherry Street Energy product offering
Product offeringCore 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
Companies that use Cherry Street Energy
Customer profileNamed customers12 records
Segments6 records
Ideal customer profiles4 records
Cherry Street Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Cherry Street Energy partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered core and minor.
- Insight GlobalcoreCherry 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 ChurchminorCherry 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 SolarcoreCherry 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 SinaiminorExisting faith-based customer relationship referenced in context of expanding service within the faith-based community.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Cherry Street Energy competitors and assessment
Company assessmentOthers
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
Cherry Street Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cherry Street Energy leadership team
Management profileNumber of profiles
Profiles1 record
Cherry Street Energy funding detail
Funding detailFunding overview
Funding rounds3 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cherry Street 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 Cherry Street Energy
What does Cherry Street Energy do?
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.
Is Cherry Street Energy a public or private company?
Cherry Street Energy is a private company. It is classified as corporate owned and is currently operating.
When was Cherry Street Energy founded?
Cherry Street Energy was founded in 2015. It employs 51 to 100 people.
Where is Cherry Street Energy based?
Cherry Street Energy is headquartered in Atlanta, United States, in the North America region.
How does Cherry Street Energy make money?
One revenue line is on record: power Purchase Agreement (PPA).
Who are Cherry Street Energy's main competitors?
CleanEnergy Credit Union (no, financial) is listed as an others. Direct peers are Hecate Energy, Pivot Energy, Alchemy Renewable Energy, Summit Ridge Energy, Cypress Creek Renewables and ForeFront Power. Broad incumbents are Ameresco and ENGIE Distributed Solar. Renu Energy Services is listed as a regional player.
Does Cherry Street Energy have an API?
No public API is recorded for Cherry Street Energy.
What industry is Cherry Street Energy in?
Cherry Street Energy's product category is Commercial Solar Energy Services. Its primary akta.pro industry code is EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro). Its NAICS code is 221114 and its SIC code is 4911.