Elements
- Company typePrivate
- Founded2015
- HeadquartersMontpellier, France
- Headcount101–250
- GTM typeB2B
- OfferingServices
Elements firmographics
Firmographics- 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
Elements industry classification
Industry- 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
Where Elements is headquartered
LocationHeadquarters
- HQ city
- Montpellier
- HQ country
- France
- HQ region
- Europe
Offices9 records
Markets served
Elements business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Infrastructure, Technology or R&D, Personnel, Marketing or Sales, Operations, Supply Chain
Revenue model
- 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.
- 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.
- 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.
- 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
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | ULUWATU Financing Tranche 1: €2.5 million raised via Enerfip platform |
| Transaction based/ take rate | Multi-year contract | ULUWATU Financing Tranche 3 (Final): €659,940 target |
| Other | Pay-as-you-go | Operation Chicama — Inaugural €50M Revolving Credit Facility (RCF) |
| Other | Multi-year contract | December 2023 Funding Round: €50 million |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels7 records
Elements product offering
Product offeringCore 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
Companies that use Elements
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles5 records
Elements technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Elements partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core and minor.
- LaketricitycoreLaketricity 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.
- LendospherecoreLendosphere 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.
- SynergîlesminorElements 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.
- EclipsecoreEclipse 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.coreNidec 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)coreElements 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)coreThe 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 AgrivoltaïsmeminorElements 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 DERBIminorElements 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 RenouvelablesminorElements is a member of France Renouvelables, the federation of renewable energy professionals in France, participating in industry conferences and advocacy activities.
- DAVELEminorDAVELE, 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 MétropoleminorNîmes Métropole provided local institutional support for Elements' battery storage site in Garons, located within the MITRA joint development zone.
- ATEE (Association Technique Energie Environnement)minorElements 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 VerteminorElements 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 TerritoiresminorAtelier 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
Elements competitors and assessment
Company assessmentDirect 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
Elements compliance and trust
Trust signalCompliance2 records
Elements financial estimates
Financial estimateRevenue estimate
Valuation estimate
Elements leadership team
Management profileNumber of profiles
Profiles5 records
Elements subsidiaries and ownership
Company hierarchySubsidiaries7 records
Elements funding detail
Funding detailFunding overview
Funding rounds1 record
Investors5 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Elements 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 Elements
What does Elements do?
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.
Is Elements a public or private company?
Elements is a private company. It is classified as venture growth investor backed.
When was Elements founded?
Elements was founded in 2015. It employs 101 to 250 people.
Where is Elements based?
Elements is headquartered in Montpellier, France, in the Europe region.
How does Elements make money?
Four revenue lines are on record. Electricity Generation and Sale is the primary driver. The others are participatory Financing Campaigns, project Development Fees and Asset Management and industrial Self-Consumption Solutions.
Who are Elements's main competitors?
Direct peers on record are Neoen, Voltalia, Akuo Energy and Albioma. Broad incumbents are Boralex, Innergex Renewable Energy, TotalEnergies Renewables, EDP Renewables (EDPR) and Iberdrola Renewables. RES (Renewable Energy Systems) is listed as an others.
Does Elements have an API?
No public API is recorded for Elements.
What industry is Elements in?
Elements's product category is Renewable Energy Generation (Independent Power Production). Its primary akta.pro industry code is EUAMAAAE, Commercial Structuring & Offtake (PPAs, CfDs, Corporate PPAs, Merchant Strategy), with a secondary code of EUAMAGAJ, Asset Management & Owner’s Engineering (Lifecycle Strategy, Budgeting, Technical Due Diligence). Its NAICS code is 22111 and its SIC code is 4991.