Savion
Savion is a Kansas City-based, Shell-owned utility-scale solar photovoltaic and battery energy storage project developer serving U.S. utilities and corporate offtakers across 28 states with a 40.8 GW development portfolio.
- Company typePrivate
- Founded2019
- HeadquartersKansas City, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Savion does
Savion, LLC is a Kansas City-headquartered utility-scale solar photovoltaic and battery energy storage project developer founded in 2019. The company develops greenfield solar PV projects (using bifacial modules) and standalone or co-located BESS facilities, managing the full development life cycle from siting, interconnection, environmental studies, permitting, and community engagement through construction support and asset management. Savion serves two primary customer segments: investor-owned and public utilities seeking renewable capacity to meet RPS and decarbonization mandates (Ameren Missouri, Dominion Energy, Alliant Energy, AEP), and corporate offtakers executing virtual power purchase agreements to meet ESG targets (Amazon, Toyota, Target, T-Mobile, Google). Projects are typically monetized through developer-to-developer or developer-to-utility project sales, long-term PPAs/VPPAs, and retained equity via joint ventures including the 80/20 Tango Holdings JV with Ares Management.
As a wholly-owned subsidiary of Shell plc since 2022 (acquired from Macquarie's Green Investment Group), Savion operates within Shell's Renewables & Energy Solutions business and benefits from parent balance sheet capacity for project financing and tax equity participation. The company differentiates through first-of-kind experience in brownfield solar development on reclaimed coal mines (Martin County, Nicholas County, Cass County projects) and agrivoltaics through its Between the Rows subsidiary in partnership with The Ohio State University CFAES. With a 40.8 GW portfolio spanning 28 U.S. states and 200+ employees, Savion has secured a 2.6 GWdc module supply agreement with First Solar and participated in federal incentive programs including a $129 million OCED grant.
Savion firmographics
Firmographics- Name
- Savion
- Legal name
- Savion, LLC
- Website
- https://savionenergy.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Savion is a Kansas City-based, Shell-owned utility-scale solar photovoltaic and battery energy storage project developer serving U.S. utilities and corporate offtakers across 28 states with a 40.8 GW development portfolio.
- Ownership category
- akta.pro rank
Savion industry classification
Industry- Product category
- Utility-Scale Solar and Energy Storage Project Development
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111)
- akta.pro primary industry
- Owner’s Engineering, Grid Interconnection & System Studies (PVsyst/Performance Modeling, Protection Studies) (EUACAGAG)
- akta.pro secondary industries
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)
Keywords
Where Savion is headquartered
LocationHeadquarters
- HQ city
- Kansas City
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Savion business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others
Revenue model
- Project Development Services: Savion develops utility-scale solar and energy storage projects, managing all aspects from conception through construction. Revenue is generated through development fees, project sales, and equity participation in joint ventures.
- Solar Project Sales: Savion sells developed solar projects to utilities, independent power producers, and other developers. Examples include the sale of 150 MW Cass County Solar Project to Ameren Missouri and 200 MW Atlanta Farms Solar Project to Dominion Energy.
- Virtual Power Purchase Agreements (VPPAs): Savion facilitates corporate renewable energy procurement through VPPAs where corporations like Target purchase capacity from Savion-developed projects, providing long-term revenue certainty for project financing.
- Joint Venture Equity Participation: Savion maintains equity stakes in projects through joint ventures like Tango Holdings with Ares Management, generating returns while sharing development risk and capital requirements.
Go-to-market motion3 records
Distribution channels4 records
Marketing channels5 records
Savion product offering
Product offeringCore offering
Savion develops utility-scale, greenfield solar photovoltaic power projects and Battery Energy Storage System (BESS) facilities across the United States, managing every aspect from siting, interconnection, environmental studies, permitting, and community engagement through construction. Projects are marketed to utilities, municipalities, commercial/industrial organizations, and corporate buyers via power purchase agreements (PPAs), virtual power purchase agreements (VPPAs), and project sale transactions. The company also operates an agrivoltaics program through its Between the Rows subsidiary that integrates crop cultivation with solar energy production.
Product overview
Savion is a utility-scale solar and energy storage project development company that offers two core service offerings: Solar Project Development and Energy Storage Project Development. The company develops photovoltaic power projects from conception through construction, managing all aspects including siting, interconnection, environmental studies, permitting, and community engagement. Additionally, Savion operates agrivoltaics services through its subsidiary Between the Rows, LLC, which focuses on integrating agricultural production within solar array areas. Projects are marketed to utilities, municipalities, corporate customers, and landowners, with offerings ranging from standalone solar installations to bundled solar plus storage packages. Savion is a Shell Group portfolio company and operates as a wholly-owned subsidiary of Shell following its acquisition.
Differentiator
Problem solved
Functional benefit
Brands
- Between the Rows: A wholly owned subsidiary of Savion devoted to agrivoltaics — the practice of combining solar energy production with agricultural operations, including growing crops such as hay and alfalfa between solar panel rows.
Products and services
- Solar Project Development
- Energy Storage Project Development
- Agrivoltaics Program
Quantifiable outcome
- Projects developed by Savion have powered equivalent of 645,000+ U.S. homes (2021)
- +3 more outcomes
Companies that use Savion
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles3 records
Savion technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Savion partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Toyota Motor North AmericacoreToyota partnered with Savion on virtual power purchase agreements supporting renewable energy projects as part of Toyota's Environmental Challenge 2050 strategy. Toyota offtakes 100 MW from Martin County Solar Project.
- RehlkominorRehlko partnered with Toyota to provide lower-emission generators supporting Toyota's sustainability initiatives, with Savion involved in related virtual power purchase agreements.
- Hecate EnergycoreHecate Energy sold its up to 2 GW Cereza solar and storage project at the DOE's Hanford Site to Savion. Savion will lead development with Hecate's ongoing support.
- Energy VaultcoreEnergy Vault acquired the SOSA Energy Center (150 MW/300 MWh BESS) from Savion in Q4 2025. Savion originally developed the project which broke ground under Energy Vault's Asset Vault platform.
- AmazoncoreAmazon entered into long-term PPA with Madison Fields Solar Project for offtake of the facility's full 180 MW capacity generation of solar energy.
- The Ohio State University College of Food, Agricultural, and Environmental SciencescoreSavion partnered with OSU CFAES on the 'Between the Rows' initiative to develop best practices for crop cultivation in conjunction with utility-scale solar production, studying dual land-use practices.
- First Solar, Inc.coreSavion agreed to purchase 2.6 GWdc of Series 7 thin film solar modules from First Solar, demonstrating commitment to domestic solar supply chain manufacturing.
- BoralexcoreSavion's Yaphank Energy Storage project was selected as part of Boralex award from NYSERDA to develop 540 MW of solar and 77 MW of storage in New York. Boralex is partnering with Savion to develop the battery energy storage system.
Scale indicators11 records
Recent moves7 records
Expansion highlights6 records
Savion competitors and assessment
Company assessmentDirect peers
- Invenergy: U.S.-headquartered independent power developer with a deep utility-scale solar and storage development pipeline, executing similar siting-to-construction workflows and project-sale structures. Closely comparable operating geographies and customer segments to Savion.
- Hecate Energy: Independent U.S. utility-scale solar and storage developer with comparable development pipelines across multiple states — Savion even acquired Hecate's 2 GW Cereza project at DOE's Hanford Site, evidencing direct overlap in development scope and customer base.
- Boralex: Canadian-headquartered renewable developer with a U.S. utility-scale solar and storage business that has entered into JVs and offtake agreements alongside Savion. Comparable in project sizes, geographies, and storage co-development activity.
- Lightsource bp: BP-owned utility-scale solar developer operating across the U.S. with comparable greenfield PV development, PPA structuring, and project-sale monetization models. Directly competes for the same utility off-takers, corporate VPPA buyers, and interconnection capacity as Savion.
- Origis Energy: Utility-scale solar and storage developer/operator that has acquired Savion-developed projects and competes for similar utility off-take and corporate VPPA mandates. Comparable operating geographies (especially Florida) and project sizes.
- Avantus (formerly 8minute Solar): Pure-play U.S. utility-scale solar and storage developer with an analogous full-stack development model, large interconnection queue footprint, and history of selling shovel-ready projects to operators and funds. Direct overlap with Savion on customer list and geographies.
- EDF Renewables North America: Utility-scale renewable energy developer (subsidiary of EDF) executing solar and storage development with similar end-to-end capabilities and PPA-backed project sales. Comparable customer base of investor-owned utilities and corporate off-takers.
Broad incumbents
- NextEra Energy Resources: The largest U.S. renewable energy operator and developer with a much broader portfolio than Savion, but overlapping directly in utility-scale PV development, project sales to third parties, and PPA origination with the same hyperscaler and utility buyers.
- Engie North America: Global utility-scale renewable developer with broad portfolio but directly overlapping on U.S. utility-scale solar development and PPA execution with the same investor-owned utility and corporate customer segments.
- TotalEnergies Renewables USA: U.S. arm of TotalEnergies with utility-scale solar and storage development capabilities, competing for the same hyperscaler, utility, and corporate off-take pool; analogous supermajor-sponsored developer profile.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Savion social profiles
Digital presenceSavion financial estimates
Financial estimateRevenue estimate
Valuation estimate
Savion leadership team
Management profileNumber of profiles
Profiles12 records
Savion subsidiaries and ownership
Company hierarchySubsidiaries1 record
Savion funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Savion 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 Savion
What does Savion do?
Savion develops utility-scale, greenfield solar photovoltaic power projects and Battery Energy Storage System (BESS) facilities across the United States, managing every aspect from siting, interconnection, environmental studies, permitting, and community engagement through construction. Projects are marketed to utilities, municipalities, commercial/industrial organizations, and corporate buyers via power purchase agreements (PPAs), virtual power purchase agreements (VPPAs), and project sale transactions. The company also operates an agrivoltaics program through its Between the Rows subsidiary that integrates crop cultivation with solar energy production.
Is Savion a public or private company?
Savion is a private company. It is classified as corporate owned and is currently operating.
When was Savion founded?
Savion was founded in 2019. It employs 101 to 250 people.
Where is Savion based?
Savion is headquartered in Kansas City, United States, in the North America region.
How does Savion make money?
Four revenue lines are on record. Project Development Services are the primary driver. The others are solar Project Sales, virtual Power Purchase Agreements (VPPAs) and joint Venture Equity Participation.
Who are Savion's main competitors?
Direct peers on record are Invenergy, Hecate Energy, Boralex, Lightsource bp, Origis Energy, Avantus (formerly 8minute Solar) and EDF Renewables North America. Broad incumbents are NextEra Energy Resources, Engie North America and TotalEnergies Renewables USA.
Does Savion have an API?
No public API is recorded for Savion.
What industry is Savion in?
Savion's product category is Utility-Scale Solar and Energy Storage Project Development. Its primary akta.pro industry code is EUACAGAG, Owner’s Engineering, Grid Interconnection & System Studies (PVsyst/Performance Modeling, Protection Studies), with a secondary code of EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System). Its NAICS code is 221114.