Okwind
Okwind is a French publicly-listed designer, manufacturer, and installer of bifacial biaxial solar trackers, battery storage, and AI-assisted energy supervision software serving agricultural, enterprise, water, and local government customers in France, now undergoing major restructuring after a 58% revenue decline.
- Company typePublic
- Founded2015
- HeadquartersTorcé, France
- Headcount101–250
- GTM typeB2B
- OfferingHardware or Manufacturing
What Okwind does
Okwind (legal entity Okwind SAS, ticker ALOKW on Euronext Growth Paris since July 2022) is a French designer, manufacturer, and installer of solar self-consumption systems targeted at professional customers. Founded in 2015 and headquartered in Torcé, France, the company specializes in bifacial and biaxial photovoltaic trackers that follow the sun to maximize yield, paired with thermal, physical, and virtual battery storage and an AI-assisted supervision and control platform. Performance claims include up to 70% higher yield and 50% lower carbon footprint versus fixed-panel installations of equivalent power, with a target of approximately 70% energy autonomy for end customers. The product and service portfolio is delivered through two sub-brands: OKWIND Constructeur (hardware manufacturing) and OKWIND Services (diagnostics, installation, maintenance, and optimization over the asset lifecycle).
Revenue is generated primarily from one-time equipment sales and professional installation services, supplemented by recurring maintenance contracts under OKWIND Services, with project-specific quote-based pricing rather than published list prices. Distribution is handled exclusively through direct enterprise field sales via regional technico-commercial teams covering specific French departments from offices in Bordeaux, Cholet, Clermont-Ferrand, Nantes, Carhaix-Plouguer, and the Torcé headquarters, serving four end-markets: agriculture (dairy, poultry, pig, crops, methanization), tertiary and industrial enterprises, water and sanitation operators, and local authorities and municipal electricity utilities.
As of FY2025 Okwind had completed over 5,000 installations since first commissioning in 2015, but the business has since contracted sharply: FY2025 revenue fell 58% to €23.8 million from €57.1 million in FY2024, generating a €26.8 million net loss and €13.5 million EBITDA loss, with €14.8 million of order backlog as of March 31, 2026. The company has triggered Phase 3 alert procedures after statutory auditors indicated they could not certify 2025 financial statements, and is executing a major restructuring including a ~42% workforce reduction, closure of regional offices, sale of a non-optimized industrial site, and a €4 million capital increase with €1.6 million already committed by long-standing shareholders under new CEO Marie-Sylvie Bertail.
Okwind firmographics
Firmographics- Name
- Okwind
- Legal name
- Okwind SAS
- Website
- https://okwind.fr
- Company type
- Public
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Okwind is a French publicly-listed designer, manufacturer, and installer of bifacial biaxial solar trackers, battery storage, and AI-assisted energy supervision software serving agricultural, enterprise, water, and local government customers in France, now undergoing major restructuring after a 58% revenue decline.
- Ownership category
- akta.pro rank
Okwind industry classification
Industry- Product category
- Solar Energy Equipment
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electronic & Other Electrical Equipment (No Computer Equip) (3600)
- akta.pro primary industry
- Solar Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts) (EUAMABAF)
- akta.pro secondary industries
- Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ), Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring) (EUAMABAH), Renewable Energy Asset O&M (Wind, Solar, Hydro, Geothermal) (EUAEAGAB)
Keywords
Where Okwind is headquartered
LocationHeadquarters
- HQ city
- Torcé
- HQ country
- France
- HQ region
- Europe
Offices6 records
Markets served
Okwind business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Solar Installation Sales and Services: OKWIND designs, develops, and installs complete solar systems for professionals including solar trackers, storage solutions, and software for self-consumption optimization. Revenue is generated through equipment sales, installation services, and ongoing maintenance contracts.
- Maintenance and Support Services: OKWIND Services provides ongoing support throughout the lifecycle of self-consumption installations including diagnostics, installation, maintenance and optimization services.
- OKWIND Constructeur (Manufacturing): Design and manufacture of high-performance, durable solar self-consumption solutions adapted to current technical and environmental challenges.
Go-to-market motion1 record
Distribution channels2 records
Marketing channels6 records
Okwind product offering
Product offeringCore offering
Okwind designs, manufactures, and installs complete solar self-consumption systems for professional customers, combining bifacial and biaxial photovoltaic trackers that follow the sun to maximize yield, with battery storage solutions (thermal, physical, and virtual) and AI-powered supervision software. The company delivers end-to-end solutions—produce, store, pilot—enabling farmers, industrial companies, water utilities, and local authorities to achieve approximately 70% energy autonomy. Revenue is generated through hardware sales, installation, and ongoing maintenance and optimization services.
Product overview
OKWIND offers a comprehensive solar self-consumption ecosystem for professionals, combining hardware and software into an integrated energy management system. The portfolio centers on bifacial and biaxial photovoltaic trackers (OKWIND Constructeur) that deliver superior yield compared to fixed panels, supplemented by battery storage solutions (thermal, physical, and virtual) and flexible software platforms for real-time monitoring and AI-assisted energy regulation. OKWIND Services provides end-to-end lifecycle support from diagnostics through maintenance and optimization, enabling customers across agriculture, enterprise, water, and local government sectors to achieve approximately 70% energy autonomy.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Trackers (Trackers solaires) Bifacial and biaxial photovoltaic trackers that follow the sun like a sunflower, delivering up to 70% higher yield and 50% lower carbon impact compared to fixed-panel installations of equivalent power. Designed for professional customers seeking energy autonomy.
- Battery Storage Solutions (Stockage par batteries) Energy storage solutions including thermal, physical, and virtual battery systems that complement tracker installations for enhanced energy independence and self-consumption maximization.
- Energy Management Software (Solutions logicielles) Supervision and control software enabling users to monitor, manage, and optimize energy consumption in real time through hyper-flexible interfaces, using AI tools to facilitate and improve energy piloting.
Quantifiable outcome
- 70% higher energy yield compared to fixed solar panels
- +3 more outcomes
Companies that use Okwind
Customer profileNamed customers4 records
Segments5 records
Ideal customer profiles4 records
Okwind technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Okwind partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered minor.
- LUMIOOminorSubsidiary entity within OKWIND Group, mentioned in privacy policy as part of the group structure. LUMIOO operates under OKWIND's data processing responsibilities.
- NEWCAPminorService provider mentioned in privacy policy as a sub-processor for various operations on behalf of OKWIND.
Scale indicators9 records
Recent moves7 records
Expansion highlights3 records
Okwind competitors and assessment
Company assessmentDirect peers
- Soltec: Soltec is a Spanish manufacturer of solar trackers and provider of integrated PV solutions. Both Soltec and OKWIND manufacture bifacial-compatible solar trackers, though Soltec operates at larger utility-scale while OKWIND focuses on distributed applications.
- TrinaTracker: TrinaTracker is the tracker subsidiary of Trina Solar, one of the world's largest PV manufacturers. Both companies offer solar tracking solutions with integrated PV systems, competing in the global tracker market.
- Array Technologies: Array Technologies is one of the world's largest manufacturers of solar tracking systems. Both companies compete in the solar tracker space, though Array Technologies focuses primarily on utility-scale projects while OKWIND targets distributed self-consumption for professionals.
- NEXTracker: NEXTracker is a leading global manufacturer of solar trackers, particularly single-axis trackers. Both companies sell into the solar tracking market with similar technology offerings; NEXTracker operates at much larger scale.
Regional players
- Lightsource bp: Lightsource bp is a global solar developer and operator. While primarily a utility-scale developer, both companies target solar self-consumption and decarbonization opportunities, with Lightsource bp focusing on larger commercial and industrial customers.
Emerging players
- STi Norland: STi Norland is a Spanish manufacturer of solar trackers and fixed-tilt structures. Both companies compete in the European solar tracker market with similar technology and customer segments.
- PV Hardware: PV Hardware is a Spanish manufacturer of solar trackers and fixed structures. Both companies serve the European solar market with similar tracker products, though PV Hardware focuses more on utility-scale projects.
Broad incumbents
- Enphase Energy: Enphase Energy is a global leader in solar microinverters and energy management systems. Both companies serve the distributed solar self-consumption market, though Enphase focuses on inverters/MLPE while OKWIND focuses on trackers and integrated systems.
- SMA Solar Technology: SMA Solar Technology is a German global leader in solar inverters and energy management. Both companies serve the European distributed solar market with inverter/management offerings, though OKWIND's product is centered on trackers rather than inverters.
- SolarEdge Technologies: SolarEdge manufactures solar inverters, power optimizers, and energy management solutions. Both companies compete in the distributed solar self-consumption market with integrated hardware-software offerings, though SolarEdge's product mix differs.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Okwind social profiles
Digital presenceOkwind financial estimates
Financial estimateRevenue estimate
Valuation estimate
Okwind leadership team
Management profileNumber of profiles
Profiles2 records
Okwind subsidiaries and ownership
Company hierarchySubsidiaries2 records
Okwind funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Okwind M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Okwind
What does Okwind do?
Okwind designs, manufactures, and installs complete solar self-consumption systems for professional customers, combining bifacial and biaxial photovoltaic trackers that follow the sun to maximize yield, with battery storage solutions (thermal, physical, and virtual) and AI-powered supervision software. The company delivers end-to-end solutions—produce, store, pilot—enabling farmers, industrial companies, water utilities, and local authorities to achieve approximately 70% energy autonomy. Revenue is generated through hardware sales, installation, and ongoing maintenance and optimization services.
Is Okwind a public or private company?
Okwind is a public company. It is classified as public and is currently operating.
When was Okwind founded?
Okwind was founded in 2015. It employs 101 to 250 people.
Where is Okwind based?
Okwind is headquartered in Torcé, France, in the Europe region.
How does Okwind make money?
Three revenue lines are on record. Solar Installation Sales and Services are the primary driver. The others are maintenance and Support Services and OKWIND Constructeur (Manufacturing).
Who are Okwind's main competitors?
Direct peers on record are Soltec, TrinaTracker, Array Technologies and NEXTracker. Lightsource bp is listed as a regional player. Emerging players are STi Norland and PV Hardware. Broad incumbents are Enphase Energy, SMA Solar Technology and SolarEdge Technologies.
Does Okwind have an API?
No public API is recorded for Okwind.
What industry is Okwind in?
Okwind's product category is Solar Energy Equipment. Its primary akta.pro industry code is EUAMABAF, Solar Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts), with a secondary code of EUAEADAJ, Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks). Its NAICS code is 221114 and its SIC code is 3600.