Watt Renewable Corporation
- Company typePrivate
- Founded2016
- HeadquartersSherwood Park, Canada
- Headcount51–100
- GTM typeB2B
- OfferingServices
Watt Renewable Corporation firmographics
Firmographics- Name
- Watt Renewable Corporation
- Legal name
- Watt Renewable Corporation
- Website
- https://wattrenewables.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Watt Renewable Corporation industry classification
Industry- Product category
- Solar and Energy Storage Solutions
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)
- akta.pro secondary industries
- Distributed & Commercial Renewable O&M (Rooftop Solar, C&I Wind, Small Hydro) (EUAMAGAB), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), PV Balance of System (BOS) & Electrical Infrastructure (Inverters, Transformers, Cabling, Substations) (EUACAGAC)
Keywords
Where Watt Renewable Corporation is headquartered
LocationHeadquarters
- HQ city
- Sherwood Park
- HQ country
- Canada
- HQ region
- North America
Offices2 records
Markets served
Watt Renewable Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Infrastructure, Personnel, Technology or R&D, Operations, Marketing or Sales
Revenue model
- Energy-as-a-Service: The company provides hybrid solar electricity and battery storage systems under an Energy-as-a-Service model, allowing clients to avoid upfront capital expenditure while paying for energy consumed.
- Solar and Battery Equipment Sales: Sale and installation of hybrid solar systems, battery storage, and related equipment to commercial and industrial clients.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Hybrid | Multi-year contract | Energy-as-a-Service with zero upfront costs |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Watt Renewable Corporation product offering
Product offeringCore offering
Watt Renewable Corporation designs, deploys, and maintains hybrid solar energy systems that combine photovoltaic generation with battery energy storage, delivered primarily through an Energy-as-a-Service model with zero upfront capital expenditure for clients. The company serves telecom operators, TowerCos, financial institutions, and commercial & industrial businesses across Sub-Saharan Africa, with end-to-end scope spanning energy audits, system design, installation, 24/7 remote monitoring, and lifecycle maintenance.
Product overview
Watt Renewable Corporation is an award-winning, Canada-founded hybrid solar energy solutions provider that designs, deploys, and maintains hybrid solar systems across Africa. Their primary service model is Energy-as-a-Service (EaaS), which encompasses end-to-end solutions including energy audits, system design, installation, 24/7 monitoring, and lifecycle maintenance. The core product portfolio includes Hybrid Solar Systems combining PV generation with battery storage, available as Micro-Grid, Grid-Tied, and Off-Grid configurations. Specific solutions include the Telecommunication Anchor Mini-Grid PoC (15kW), Pan African Towers Solar Hybrid Solution, and Battery Energy Storage Systems (BESS). They serve telecom operators, TowerCos, financial institutions, and commercial & industrial businesses, offering remote monitoring services with centralized dashboards and anomaly detection. The company operates across Nigeria, with project footprints in Texas (USA), Ontario/BC/Alberta (Canada), and Nicaragua.
Differentiator
Problem solved
Functional benefit
Products and services
- Energy-as-a-Service (EaaS) End-to-end managed service delivery model for hybrid solar + battery energy storage systems, covering energy audits, system design, installation, 24/7 monitoring, and lifecycle maintenance, billed as a service with no upfront CAPEX for clients. Target customers are telecom operators, TowerCos, financial institutions, and commercial & industrial businesses across Africa.
- Hybrid Solar Systems Combined solar photovoltaic generation with battery energy storage systems (BESS) available in Micro-Grid, Grid-Tied, and Off-Grid configurations. Designed for telecom operators, TowerCos, financial institutions, and commercial & industrial businesses across Africa needing reliable power in bad-grid or off-grid environments.
- Battery Energy Storage Systems (BESS) Battery storage solutions integrated with renewable energy systems to provide stable and reliable power, enabling consistent energy availability for telecom towers, financial institutions, and commercial & industrial customers in Africa.
- Remote Monitoring Services 24/7 monitoring services for renewable energy sites using centralized dashboards, smart anomaly detection, and KPI reporting, included as part of the Energy-as-a-Service offering to ensure uninterrupted energy performance for enterprise customers.
- Micro-Grid Solutions Off-grid and hybrid micro-grid solutions for communities and businesses in areas without reliable power grid access, delivered as part of WATT's turnkey clean energy offerings.
- Grid-Tied Systems Solar systems connected to the power grid with optional battery backup, suitable for sites with existing reliable grid infrastructure that need supplemental or backup clean power.
- Off-Grid Systems Standalone solar power systems designed for remote locations without traditional electric grid access, providing independent clean power generation.
Quantifiable outcome
- 50% reduction in OPEX at pilot locations
- +2 more outcomes
Companies that use Watt Renewable Corporation
Customer profileNamed customers9 records
Segments3 records
Ideal customer profiles3 records
Watt Renewable Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
Watt Renewable Corporation partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered flagship, core and minor.
- MTN NigeriaflagshipMTN Nigeria partnered with WATT Renewable to deploy 34 MWp of solar generation and 40 MWh of battery storage to power telecom infrastructure. The project uses an Energy-as-a-Service model, allowing MTN to reduce upfront capital expenditure while improving energy reliability and sustainability credentials.
- Pan African TowerscoreWATT Renewable Corporation entered into a $20M agreement to provide solar energy to Pan African Towers, a large co-location company in Lagos, Nigeria. The partnership aims to transition tower assets from 100% diesel reliance to solar hybrid solutions.
- Peerless Trout First NationminorPartnership to tap into the Alberta Climate Leadership Program, bringing sustainable development to the Peerless Trout Nation in Canada.
Scale indicators11 records
Recent moves6 records
Expansion highlights5 records
Watt Renewable Corporation competitors and assessment
Company assessmentDirect peers
- CrossBoundary Energy: Provides distributed solar and hybrid energy solutions to commercial and industrial clients across Africa under long-term Power Purchase Agreements. Direct peer to WATT's EaaS model for C&I and infrastructure clients in Africa.
- Starsight Energy: Pan-African provider of solar power solutions to commercial, industrial, and telecom customers via PPA-based and EaaS models. Direct competitor in hybrid solar for telecom towers and C&I in West Africa.
- SolarAfrica: Supplies commercial and industrial solar power in Africa through Power Purchase Agreements. Direct peer on the EaaS-style, no-upfront-CapEx solar model for C&I buyers across the continent.
- PowerGen Renewable Energy: East/Sub-Saharan African renewable energy provider focused on commercial, industrial, and utility-scale solar+storage projects. Direct competitor on hybrid solar for telecom and C&I customers in Africa.
- Distributed Energy: Africa-focused distributed renewable energy developer building solar and storage assets for commercial and industrial customers. Direct peer in the African behind-the-meter solar EaaS market.
- Bboxx: Distributed solar energy provider across Africa with both PAYGO and increasingly commercial offerings. Overlaps with WATT in distributed solar asset ownership and Africa-focused models, though more consumer-skewed.
Broad incumbents
- Engie Energy Access: Africa-focused distributed energy and clean cooking subsidiary of global utility Engie. Competes with WATT in distributed and behind-the-meter renewable energy across multiple African markets, with broader balance sheet and product portfolio.
- Solarcentury (now Statkraft): European solar developer with historic Africa presence. Operates at larger utility and C&I scales than WATT and is now part of Statkraft, providing broader capital and geographic reach.
Emerging players
- d.light: Africa and emerging-market solar product and PAYGO company expanding into commercial and productive-use solar. Adjacent competitor as distributed solar in Africa expands beyond consumer to C&I.
- M-KOPA: Africa-focused PAYGO solar and financial services platform. Tangentially comparable as a distributed solar asset operator in Africa, though primarily consumer leasing rather than C&I/telecom EaaS.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks7 records
Key highlights7 records
Customer concentration
Watt Renewable Corporation social profiles
Digital presenceWatt Renewable Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Watt Renewable Corporation leadership team
Management profileNumber of profiles
Profiles4 records
Watt Renewable Corporation subsidiaries and ownership
Company hierarchySubsidiaries1 record
Watt Renewable Corporation funding detail
Funding detailFunding overview
Funding rounds2 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Watt Renewable Corporation 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 Watt Renewable Corporation
What does Watt Renewable Corporation do?
Watt Renewable Corporation designs, deploys, and maintains hybrid solar energy systems that combine photovoltaic generation with battery energy storage, delivered primarily through an Energy-as-a-Service model with zero upfront capital expenditure for clients. The company serves telecom operators, TowerCos, financial institutions, and commercial & industrial businesses across Sub-Saharan Africa, with end-to-end scope spanning energy audits, system design, installation, 24/7 remote monitoring, and lifecycle maintenance.
Is Watt Renewable Corporation a public or private company?
Watt Renewable Corporation is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Watt Renewable Corporation founded?
Watt Renewable Corporation was founded in 2016. It employs 51 to 100 people.
Where is Watt Renewable Corporation based?
Watt Renewable Corporation is headquartered in Sherwood Park, Canada, in the North America region.
How does Watt Renewable Corporation make money?
Two revenue lines are on record. Energy-as-a-Service is the primary driver. The others are solar and Battery Equipment Sales.
Who are Watt Renewable Corporation's main competitors?
Direct peers on record are CrossBoundary Energy, Starsight Energy, SolarAfrica, PowerGen Renewable Energy, Distributed Energy and Bboxx. Broad incumbents are Engie Energy Access and Solarcentury (now Statkraft). Emerging players are d.light and M-KOPA.
Does Watt Renewable Corporation have an API?
No public API is recorded for Watt Renewable Corporation.
What industry is Watt Renewable Corporation in?
Watt Renewable Corporation's product category is Solar and Energy Storage Solutions. Its primary akta.pro industry code is EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro), with a secondary code of EUAMAGAB, Distributed & Commercial Renewable O&M (Rooftop Solar, C&I Wind, Small Hydro). Its NAICS code is 221114 and its SIC code is 4911.