Elements

Name

Elements

Legal name

Elements SAS

Website

https://elements.green

Company type

Private

Founded year

2015

Headcount range

101–250 employees

Ownership category

akta.pro rank

Product category

Renewable Energy Generation (Independent Power Production)

NAICS

Electric Power Generation (22111), Wind Electric Power Generation (221115), Solar Electric Power Generation (221114), Hydroelectric Power Generation (221111)

SIC

Cogeneration Services & Small Power Producers (4991)

akta.pro primary industry

Commercial Structuring & Offtake (PPAs, CfDs, Corporate PPAs, Merchant Strategy) (EUAMAAAE)

akta.pro secondary industries

Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence) (EUAMAGAJ), Permitting, Environmental & Stakeholder Engagement (EIA/ESIA, Community Relations) (EUAMAAAB)

Keywords

• Renewable energy generation
• Solar power plants
• Wind energy production
• Hydroelectric power systems
• Battery energy storage

Headquarters

HQ city

Montpellier

HQ country

France

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Electricity Generation and Sale: Elements generates electricity from wind, solar, hydroelectric and storage assets and sells it to the grid under long-term power purchase agreements (PPAs) or on merchant basis, as an Independent Power Producer (IPP). The company targets 1 GW in operation and construction by 2030.
2. Participatory Financing Campaigns: Elements raises project-level capital through participatory financing platforms (Enerfip, Lendosphere), issuing bonds to retail and citizen investors at fixed rates (e.g., 8.25% per annum over 3.4–4 years), with semi-annual interest payments.
3. Project Development Fees and Asset Management: Elements earns development fees and construction management fees for developing projects from greenfield through commissioning, and ongoing asset management fees for operating owned assets over their multi-decade lifespan.
4. Industrial Self-Consumption Solutions: Elements develops bespoke photovoltaic shading and self-consumption solutions for industrial sites (e.g., distilleries, car recycling facilities), providing long-term power supply contracts to industrial customers.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels7 records

Core offering

Elements is an Independent Power Producer that develops, builds, owns and operates renewable energy assets (photovoltaic solar, onshore wind, hydroelectric, and battery energy storage) using a fully integrated greenfield model covering land securing, permitting, construction, and long-term operation. It sells the resulting decarbonized electricity to grids and industrial customers under long-term PPAs and self-consumption contracts, and also provides agrivoltaic and floating solar solutions co-developed with territories. The company manages over 2.2 GW in development pipeline across France, Germany, Italy, Finland, and the Caribbean, targeting 1 GW in operation and construction by 2030.

Product overview

Elements is an independent renewable energy producer (IPP) operating a multi-technology portfolio of wind, solar, hydroelectric, and battery storage assets. The company follows a fully integrated Greenfield development model, controlling every stage from land securing and permitting through construction and long-term asset operation. Its core products are photovoltaic solar power plants (including floating PV and agrivoltaics), wind farms, hydroelectric installations, and battery energy storage systems (BESS), complemented by participatory financing services for citizens and corporate financing tools. Elements targets 1 GW in operation and construction by 2030 across France, Germany, Italy, Finland, Romania, and the Caribbean, with over 2 GW in its development pipeline.

Differentiator

Problem solved

Functional benefit

Products and services

• Photovoltaic Solar Power Plants Ground-mounted, rooftop, and floating photovoltaic installations developed, constructed, and operated by Elements across France and internationally, sold under PPAs or self-consumption contracts to industrial customers, municipalities, and grid operators.
• Wind Power Plants Onshore wind farm development, construction, and operation delivering decarbonized electricity as part of Elements' multi-technology renewable energy mix.
• Hydroelectric Power Plants Run-of-river and other hydroelectric installations managed through Elements Hydroélectricité, with a regional office in Lyon dedicated to project development in France.
• Battery Energy Storage Systems (BESS) Battery energy storage solutions enabling grid stability and renewable energy curtailment reduction, with operational sites in Guadeloupe (10 MW total) and metropolitan France providing storage services to grid operators and island territories.
• Agrivoltaics Co-designed solar installations combining agricultural production (sheep grazing, crops) with renewable energy generation, integrating elevated panels and biodiversity measures, offered to farmers and agricultural cooperatives.
• Autoconsommation (Industrial Self-Consumption Solar) On-site solar photovoltaic installations (canopies, ground-mounted) for industrial and commercial self-consumption, providing long-term power supply contracts to industrial customers such as distilleries and recycling sites.
• WATTRAXIS Floating Solar Floating photovoltaic solar project developed in partnership with Laketricity that uses industrial water surfaces to produce clean, local, and competitive electricity; selected as an EU Innovation Fund winner.
• Participatory Renewable Energy Financing Simple bonds offered through authorized participatory financing platforms (Enerfip, Lendosphere) enabling retail investors to co-invest in Elements' renewable energy projects at fixed returns (e.g., 8.25% per annum over 3.4–4 years).

Quantifiable outcome

• Castres Gironde: 4.13 MWc, 5.12 GWh/year, equivalent to ~1,000 households (~2,160 inhabitants)
• +6 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

15 partnerships are on record, tiered core and minor.

• LaketricitycoreStrategic or Co-development Partner · 26 December 2025Laketricity co-developed the WATTRAXIS floating solar project with Elements, which won the EU Innovation Fund award. Laketricity specializes in floating photovoltaic solutions and water surface solar installations.
• LendospherecoreChannel Partner/ Reseller/ Distributor · 7 December 2023Lendosphere served as the participatory financing platform for Elements' historic BESS project financing in Gard, enabling citizen investment in battery storage infrastructure. Lendosphere specializes in energy transition crowdfunding.
• SynergîlesminorStrategic or Co-development Partner · 14 May 2023Elements joined Synergîles, the Guadeloupe innovation cluster specialized in ecological and energy transition, to deploy innovative renewable energy solutions and support the agricultural sector in Caribbean territories.
• EclipsecoreStrategic or Co-development PartnerEclipse partnered with Elements and Crédit Agricole Transitions & Energies in a strategic partnership combining technical expertise and financing capabilities for renewable energy project development and storage solutions.
• Nidec ASI S.A.S.coreTechnology or IntegrationNidec ASI provided technical expertise for Elements' first battery storage site construction in Garons (Gard), delivering battery energy storage system (BESS) integration and installation.
• Noria (Strategic Partnership)coreStrategic or Co-development PartnerElements and Noria entered a strategic partnership combining Noria's energy sector expertise with Elements' project development capabilities for joint renewable energy initiatives.
• Commission de Régulation de l'Énergie (CRE)coreOthersThe French Energy Regulatory Commission organizes competitive calls for tenders in which Elements regularly wins capacity allocations. Elements won 16.3 MWc in CRE4, over 20 MWp in PPE2 round 8, and battery storage allocations in Guadeloupe's regulated tender.
• France AgrivoltaïsmeminorStrategic or Co-development PartnerElements joined France Agrivoltaïsme, the first association dedicated to agrivoltaics in France, to develop quality agrivoltaic projects appropriate for the agricultural sector, citizens, and regulatory bodies.
• Pôle DERBIminorStrategic or Co-development PartnerElements participates in the DERBI competitiveness cluster's board and activities, contributing to regional renewable energy industry development and networking in the Occitanie-Méditerranée region.
• France RenouvelablesminorStrategic or Co-development PartnerElements is a member of France Renouvelables, the federation of renewable energy professionals in France, participating in industry conferences and advocacy activities.
• DAVELEminorStrategic or Co-development PartnerDAVELE, a research and innovation bureau specializing in livestock agrivoltaics, partnered with Elements to install three experimental stations at the ZAC Mitra solar plant to analyze the impact of photovoltaic panels at different heights on pasture growth.
• Nîmes MétropoleminorOthersNîmes Métropole provided local institutional support for Elements' battery storage site in Garons, located within the MITRA joint development zone.
• ATEE (Association Technique Energie Environnement)minorStrategic or Co-development PartnerElements attended the 14th annual conference of the Club Stockage d'Énergies organized by ATEE, engaging with industry stakeholders on energy storage strategy and battery lifecycle analysis.
• La Plateforme VerteminorStrategic or Co-development PartnerElements participated in La Plateforme Verte's annual conference, contributing to working groups including 'Sphères Agricoles' focused on virtuous agrivoltaics that respects agriculture.
• Atelier Nature et TerritoiresminorImplementation/ SI/ Consulting PartnerAtelier Nature et Territoires created educational signage and a pedagogical trail explaining the solar park's functioning and biodiversity preservation measures at the Castres Gironde site.

Scale indicators15 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Neoen: French independent multi-technology renewable energy producer (wind, solar, storage) with international operations and a listed equity story. Highly comparable to Elements in business model, technology mix, and European multi-market footprint, but at materially larger operational scale.
• Voltalia: French multi-technology renewable IPP developing wind, solar, hydro, and storage projects internationally. Comparable greenfield developer/IPP model with similar French roots and emerging-market presence, with a deeper operational track record in Brazil and Africa.
• Akuo Energy: Paris-based independent renewable energy developer and IPP active in wind, solar, biomass, and storage, with a strong 'participative' financing and community-ownership brand. Closely mirrors Elements' co-construction/participatory model and French/overseas footprint.
• Albioma: French independent renewables IPP with significant operations in the French overseas territories (Guadeloupe, Martinique, Réunion) and biomass/solar mix. Directly comparable to Elements Caraïbes activity and to its Guadeloupe BESS storage positioning.

Broad incumbents

• Boralex: Canadian-listed renewables IPP with established operations in France (wind, solar) and a growing European footprint. Comparable as a multi-technology IPP in France and a competitor for the same CRE tenders and corporate PPAs.
• Innergex Renewable Energy: Canadian-listed renewables IPP with European (notably French) wind, solar, and storage assets. Comparable as a multi-technology renewable operator competing in similar European power markets.
• TotalEnergies Renewables: Utility-backed renewables arm of TotalEnergies with integrated multi-technology development (wind, solar, storage, flexible generation). Directly competes with Elements in French CRE tenders and corporate PPAs but operates at far larger scale with utility balance sheet.
• EDP Renewables (EDPR): Global utility IPP with significant European wind, solar, and storage pipeline. Overlaps with Elements in technology mix and target geographies (France, Italy, Germany) but at materially larger scale and capital access.
• Iberdrola Renewables: One of the world's largest renewable IPPs with extensive wind, hydro, and solar operations across Europe. Comparable as a global multi-technology IPP competing in the same European power markets; not a direct competitor for small/participative projects.

Others

• RES (Renewable Energy Systems): Global renewable energy developer with EPC and asset management services. Comparable as a full-lifecycle renewable energy developer across wind, solar, and storage, and a potential partner or competitor for Elements' greenfield and asset management activities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors5 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 Elements