Savion

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.

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

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

• Utility-scale solar development
• Battery energy storage
• Solar project development
• Renewable energy projects
• Power purchase agreements

Headquarters

HQ city

Kansas City

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. 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.
2. 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.
3. 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.
4. 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

Core 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

Named customers11 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Toyota Motor North AmericacoreStrategic or Co-development Partner · 16 June 2026Toyota 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.
• RehlkominorStrategic or Co-development Partner · 16 June 2026Rehlko partnered with Toyota to provide lower-emission generators supporting Toyota's sustainability initiatives, with Savion involved in related virtual power purchase agreements.
• Hecate EnergycoreStrategic or Co-development Partner · 18 February 2026Hecate 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 VaultcoreStrategic or Co-development Partner · 7 January 2026Energy 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.
• AmazoncoreStrategic or Co-development Partner · 1 July 2024Amazon 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 SciencescoreStrategic or Co-development Partner · 1 January 2024Savion 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.coreTechnology or Integration · 1 January 2023Savion agreed to purchase 2.6 GWdc of Series 7 thin film solar modules from First Solar, demonstrating commitment to domestic solar supply chain manufacturing.
• BoralexcoreStrategic or Co-development Partner · 1 January 2022Savion'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

Direct 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

• YouTubeyoutube.com/watch?v=97SVlSy4HkM
• Facebookfacebook.com/SavionLLC
• LinkedInlinkedin.com/company/savion-llc
• Xx.com/savionllc

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

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 Savion