LYS Energy
LYS Energy is a Singapore-based solar independent power producer, founded in 2013, that builds, owns, and operates distributed solar PV systems for commercial, industrial, and public-sector off-takers across Singapore and Thailand.
- Company typePrivate
- Founded2013
- HeadquartersSingapore, Singapore
- Headcount1–10
- GTM typeB2B
- OfferingServices
What LYS Energy does
LYS Energy is a Singapore-headquartered solar Independent Power Producer (IPP) founded in 2013. The company builds, owns, and operates solar photovoltaic (PV) systems for commercial, industrial, and public-sector off-takers. This asset-owning model — as opposed to a pure EPC contractor — means LYS Energy retains the systems on its balance sheet and monetizes them through long-duration power purchase agreements (PPAs) or feed-in tariffs, generating recurring revenue over the operational life of each installation.
The company's stated customer base spans three distinct procurement segments: commercial (private businesses), industrial (manufacturing or process facilities with high daytime loads), and public (government or institutional sites). Its geographic footprint covers Singapore and Thailand, with the Thailand presence evidenced by a dedicated Country Manager (Fabien Chedefaux). Headcount is reported at 1-10, indicating a lean operating team that likely relies on outsourced EPC and O&M partners to deploy and maintain systems rather than maintaining large in-house construction crews.
In April 2020, LYS Energy raised approximately $9.76 million from United Overseas Bank, structured as senior debt that is characteristic of project finance for distributed solar assets. The company is led by founder and CEO Lionel Steinitz, making it a founder-controlled entity with strategic decisions concentrated in a single individual. No pricing, customer logos, installed-MW figures, or financial disclosures are available beyond the funding event, which constrains deeper analysis of unit economics and customer concentration.
LYS Energy firmographics
Firmographics- Name
- LYS Energy
- Website
- https://lysenergy.com
- Company type
- Private
- Founded year
- 2013
- Headcount range
- 1–10 employees
- Short description
- LYS Energy is a Singapore-based solar independent power producer, founded in 2013, that builds, owns, and operates distributed solar PV systems for commercial, industrial, and public-sector off-takers across Singapore and Thailand.
- Ownership category
- akta.pro rank
LYS Energy industry classification
Industry- Product category
- Solar Power Generation
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industry
- Distributed Generation (DG) Solar & Small Wind (EUAMAJAD)
Keywords
Where LYS Energy is headquartered
LocationHeadquarters
- HQ city
- Singapore
- HQ country
- Singapore
- HQ region
- Asia
Markets served
LYS Energy business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D
LYS Energy product offering
Product offeringCore offering
LYS Energy is a Solar Power Producer (Independent Power Producer) that designs, builds, owns, and operates solar photovoltaic (PV) systems installed at commercial, industrial, and public sector sites. The company retains ownership of the generating assets and sells the electricity produced to host-site customers under long-term arrangements.
Differentiator
Problem solved
Functional benefit
Products and services
- Build-Own-Operate Solar PV Systems End-to-end distributed solar power generation service in which LYS Energy finances, installs, owns, and operates on-site solar PV systems at commercial, industrial, and public sector sites, selling the generated electricity to the host under a long-term offtake arrangement.
Companies that use LYS Energy
Customer profileIdeal customer profiles1 record
LYS Energy technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
LYS Energy partnerships and signals
Strategic signalRecent moves4 records
Expansion highlights4 records
LYS Energy competitors and assessment
Company assessmentDirect peers
- Sunseap Group: Singapore-based solar IPP (now part of Engie) that builds, owns, and operates distributed and utility-scale solar assets across Southeast Asia. Directly comparable as a regional C&I and utility solar asset owner competing in the same geographies.
- Cleantech Solar: Singapore-headquartered independent C&I solar power producer that finances, builds, owns, and operates rooftop and on-site PV systems for commercial and industrial off-takers across Southeast Asia — the closest direct comparable to LYS Energy's business model and customer base.
- Constant Energy: Thailand- and Singapore-based C&I solar IPP that develops, finances, owns, and operates rooftop solar PV projects for commercial and industrial customers. Highly comparable model and regional footprint to LYS Energy.
- Enfinity Global: Singapore-headquartered renewable energy developer and IPP that develops, finances, owns, and operates solar and storage assets across Asia, Europe, and the Americas. Comparable as a distributed and utility solar developer active across ASEAN.
Regional players
- Symbior Energy: Thailand-based renewable energy IPP focused on solar PV and biomass projects for commercial and industrial off-takers in Thailand and Southeast Asia. Comparable as an ASEAN C&I solar asset owner, though primarily Thailand-focused.
- Gunkul Engineering: Thailand-based renewable energy developer and IPP with solar, wind, and battery storage projects across Thailand and ASEAN. Comparable as a regional solar developer/operator, though broader scope including equipment trading.
- BCPG: Thailand-listed renewable energy IPP with solar, wind, and hydro generation assets across Thailand and other ASEAN markets. Comparable as a regional solar IPP and asset owner, though broader in technology and scale.
Broad incumbents
- Sembcorp Industries: Large Singapore-listed energy and urban development conglomerate with a significant renewable energy portfolio including solar across ASEAN. Comparable as a regional solar owner/operator, though operating across many other energy verticals.
- Engie (SEA renewables): Global utility with significant distributed and utility-scale solar generation in Southeast Asia through subsidiaries including Sunseap. Comparable as a major regional solar IPP and likely competitive counterparty in C&I solar tenders.
Others
- Sungrow: Global solar inverter and energy storage supplier that supplies balance-of-system equipment widely used by C&I solar IPPs in Southeast Asia. Adjacent rather than competitive — relevant as an enabling technology vendor and ecosystem reference point.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
LYS Energy social profiles
Digital presenceLYS Energy financial estimates
Financial estimateRevenue estimate
Valuation estimate
LYS Energy leadership team
Management profileNumber of profiles
Profiles2 records
LYS Energy funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
LYS 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 LYS Energy
What does LYS Energy do?
LYS Energy is a Solar Power Producer (Independent Power Producer) that designs, builds, owns, and operates solar photovoltaic (PV) systems installed at commercial, industrial, and public sector sites. The company retains ownership of the generating assets and sells the electricity produced to host-site customers under long-term arrangements.
When was LYS Energy founded?
LYS Energy was founded in 2013. It employs 1 to 10 people.
Where is LYS Energy based?
LYS Energy is headquartered in Singapore, Singapore, in the Asia region.
Who are LYS Energy's main competitors?
Direct peers on record are Sunseap Group, Cleantech Solar, Constant Energy and Enfinity Global. Regional players are Symbior Energy, Gunkul Engineering and BCPG. Broad incumbents are Sembcorp Industries and Engie (SEA renewables). Sungrow is listed as an others.
Does LYS Energy have an API?
No public API is recorded for LYS Energy.
What industry is LYS Energy in?
LYS Energy's product category is Solar Power Generation. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAMAJAD, Distributed Generation (DG) Solar & Small Wind. Its NAICS code is 221114 and its SIC code is 4911.