Solarus Sunpower

What Solarus Sunpower does

Solarus Sunpower (legally Solarus Smart Energy Solutions, Inc., incorporated in Delaware, headquartered in Amsterdam with a regional office in Cape Town) is a privately held clean-tech company founded in 2006 that designs, sells, and operates integrated photovoltaic-thermal (PVT) hybrid solar systems delivering simultaneous electricity and hot water from a single roof footprint. The core technology is a PVT panel manufactured by Spanish partner Abora Solar, certified at 89% efficiency — claimed as a world record — generating 4x more energy per m2, 4x more CO2 reductions, and 3x more profitability versus standard PV installations. The company serves commercial and industrial customers with continuous hot-water demand and limited solar-collection area, with primary verticals being hotels and hospitality, hospitals and medical facilities, and secondarily breweries, truck/car washes, sports and spa clubs, food processing, and municipal/industrial sites. Customer logos include Hilton, Hyatt, Iberostar, Club Natació Barcelona, Babylon Hotel, Hacienda Na Xamena, Henri Willig, and Waterbedrijf Groningen.

Solarus monetizes through a multi-pronged revenue stack: (1) one-stop EPC services for system design, component sourcing, and installation; (2) an integrated hot-water solution combining PVT panels, solar collectors, and solar boilers; (3) Asset Management — recurring monitoring, metering, reporting, operations, maintenance, and upgrade services; and (4) Energy-as-a-Service / financing structures (PPAs and solar leases) that allow customers to pay for energy generated rather than owning the asset outright, with multi-year custom-priced contracts. Go-to-market is enterprise field sales led by the Chief Energizing Officer (Niels Stolk) and Managing Director (Michael Boyce), supported by content marketing (blog, knowledge base, LinkedIn, newsletter), video, and 20+ documented case studies. Geographic footprint spans Europe (Netherlands anchor), Africa (Cape Town regional HQ and SADC-region partners), and active expansion into South America, India, Asia, and the Middle East via partner-investor channels. The company is actively soliciting investment for EaaS asset co-ownership and regional build-out, signaling a growth-phase capital posture. Headcount is small (11–50), with no disclosed revenue, ARR, or post-2017 funding round.

Name

Solarus Sunpower

Legal name

Solarus Smart Energy Solutions, Inc.

Website

https://solarus.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Solarus Sunpower delivers integrated photovoltaic-thermal (PVT) hybrid solar systems that produce electricity and hot water simultaneously for commercial and industrial customers. It serves hotels, hospitals, breweries, washes, sports facilities, and food processors primarily across Europe and Africa via EPC, asset management, and Energy-as-a-Service.

Ownership category

akta.pro rank

Product category

Commercial Solar Hot Water & Renewable Energy Systems

NAICS

Solar Electric Power Generation (221114)

SIC

Electric Services (4911), Water, Sewer, Pipeline, Comm & Power Line Construction (1623)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Solar Thermal & CSP Systems (Collectors, Receivers, Thermal Storage, CSP EPC) (EUAMABAL), Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring) (EUAMABAH)

Keywords

• Hybrid solar panels
• Photovoltaic thermal technology
• Commercial hot water systems
• Renewable energy solutions
• Energy-as-a-service

Headquarters

HQ city

Venlo

HQ country

Netherlands

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Energy-as-a-Service (EaaS): Customers pay for energy generated rather than owning systems outright. Includes project development, operations, maintenance, metering, accounting, and reporting services.
2. EPC Services: Engineering, procurement, and critical components services for hybrid solar panel solution implementation. Includes design, component sourcing, and installation management.
3. Asset Management: Ongoing monitoring, metering, reporting, operations, maintenance, upgrades and replacements for installed systems.
4. Financing Solutions: Power Purchase Agreements and solar leases to make renewable energy systems more accessible and affordable for building owners.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

Solarus designs, integrates, and operates hybrid photovoltaic-thermal (PVT) solar solutions that generate both electricity and hot water from the same installation area for commercial and industrial customers. The offering bundles PVT panels (manufactured by Abora Solar in Spain with 89% certified efficiency), system design, EPC delivery, ongoing monitoring and asset management, and SPV/financing structures including Power Purchase Agreements and Energy-as-a-Service contracts.

Product overview

Solarus offers an integrated hot water and energy solution portfolio built around PVT (Photovoltaic-Thermal) hybrid technology. The core Hot Water Solution combines PVT panels, solar collectors, and solar boilers to generate both electricity and thermal energy from the same solar collection area, achieving up to 89% efficiency. The portfolio includes supporting services: EPC (Engineering, Procurement and Construction) for system implementation, Asset Management for monitoring and maintenance, and SPV/Financing for funding options. The company also developed proprietary software for system dimensioning and performance simulation. The PVT panels are designed, developed and manufactured by Abora Solar in Spain.

Differentiator

Problem solved

Functional benefit

Products and services

• Hot Water Solution An integrated renewable hot water and electricity solution for commercial and industrial customers with continuous hot water demand, combining PVT panels, solar collectors and solar boilers to deliver 4x more energy per m2 than standard PV.
• EPC (Engineering, Procurement and Construction) Full engineering, procurement and construction services for deploying hybrid PVT solar systems for enterprise customers, including system design, layout planning, component sourcing and installation management.
• Asset Management Lifecycle asset management service covering monitoring, metering, reporting, operations and maintenance, upgrades and replacements for installed Solarus hot water systems.
• SPV / Financing Solar photovoltaic and hybrid PVT financing solutions including Power Purchase Agreements, solar leases, and government incentive programs that enable customers to access renewable energy systems without large upfront capital outlays.
• System Dimensioning and Performance Simulation Software Solarus-developed proprietary software that performs system dimensioning and simulates the performance of PVT hot water systems, providing accurate pre-installation forecasts of energy generation and cost savings.
• Energy-as-a-Service (EaaS) Subscription service where customers pay for energy generated by a Solarus-owned PVT system rather than owning the equipment, bundling project development, operations, maintenance, metering and reporting.

Quantifiable outcome

• 4x more energy per m2 compared to standard photovoltaic solutions
• +6 more outcomes

Named customers16 records

Segments7 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Abora SolarcoreTechnology or IntegrationAbora Solar designs, develops, and manufactures the world's most cost-effective solar panel with 89% efficiency, achieving a certified world record. Solarus uses these panels in their PVT systems.
• The Solar KeymarkcoreTechnology or IntegrationVoluntary third-party certification mark for solar thermal products, demonstrating conformance to European standards. Solarus panels carry this certification.
• Green KeycoreStrategic or Co-development PartnerInternational quality mark for sustainable companies in recreation and leisure sector. Companies with Green Key certification commit to environmental savings without sacrificing comfort.
• SoltrainminorStrategic or Co-development PartnerSouthern African Solar Thermal Training and Demonstration Initiative (SOLTRAIN) - regional capacity building initiative for solar thermal systems in SADC region.
• Greenline AfricaminorChannel Partner/ Reseller/ DistributorSustainable solutions provider focused on enabling renewable energy uptake with high financial returns and environmental savings.
• GBCSA (Green Building Council South Africa)minorStrategic or Co-development PartnerSouth African green building council promoting sustainable development in the built environment.
• CNRE (Centre for Renewable and Sustainable Energy Studies)minorStrategic or Co-development PartnerAcademic/research institution supporting renewable and sustainable energy education and research.

Scale indicators5 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• Greenonetec: Austria-based large-scale manufacturer of solar thermal collectors, including for commercial hot water applications. Competes with Solarus in commercial solar thermal heating, though without the hybrid PV component.
• Abora Solar: Spanish manufacturer of the world-record 89%-efficient PVT panels that Solarus deploys. While a technology supplier to Solarus, Abora also sells its own PVT systems to commercial customers, making it both a partner and a competing PVT vendor.
• Naked Energy: UK-based designer and manufacturer of PVT (photovoltaic-thermal) hybrid solar panels, directly competing with Solarus's core technology. Serves commercial customers seeking combined electricity and heat generation from a single panel.
• Solimpeks: Turkish manufacturer of hybrid PVT solar panels and solar thermal systems. Competes with Solarus in the same PVT category and exports to European commercial markets including hospitality and industrial customers.
• TVP Solar: Swiss manufacturer of PVT panels and high-vacuum solar thermal collectors targeting commercial and industrial heat applications. Directly comparable as a PVT technology supplier in the European market.
• Energie Solaire: French solar thermal and PVT panel manufacturer supplying commercial hot water solutions across European hospitality and industrial customers — directly competing with Solarus's hybrid solar offerings.

Broad incumbents

• Bosch Thermotechnology: Major global heating and hot water solutions provider with established solar thermal product lines and heat pump portfolios, serving the same commercial and hospitality customers that Solarus targets.
• Viessmann: Large German incumbent offering solar thermal, heat pumps, and comprehensive HVAC solutions for commercial and residential markets. Competes broadly in the same commercial hot-water decarbonization space as Solarus.
• ENGIE / E.ON Solar Solutions: Large European energy utilities offering commercial solar EPC, Energy-as-a-Service, and solar thermal solutions. Compete broadly with Solarus on enterprise commercial customers and integrated energy service offerings.

Emerging players

• Dragon's Breath Solar: Emerging PVT technology developer focused on hybrid photovoltaic-thermal systems for commercial applications. Smaller and earlier stage than Solarus but operating in the same niche technology category.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/solarusenergy
• Xx.com/solarussunpower
• Facebookfacebook.com/solarus.sunpower

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds4 records

Investors1 record

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 Solarus Sunpower