Eunice

What Eunice does

Eunice is a privately held Greek renewable energy group founded in 2001, headquartered in Marousi, Athens. The company operates as a vertically integrated green technology solutions provider, generating and supplying electricity exclusively from renewable sources (wind and solar) while also manufacturing proprietary hardware — the EW16 Thetis 50kW wind turbine, AC and DC EV chargers under the Eunice Drive brand, solar inverters, and smart home/building energy management accessories. Its core technology is the S4S (Storage for Sustainability, Smart Grid, Solutions, Security) intelligent energy management system, which integrates heterogeneous generation assets, battery storage, and consumption data in real time to deliver energy autonomy at residential, commercial, and industrial scales.

The business operates across multiple revenue streams: electricity supply via Eunice Power / We Energy to households and businesses, hardware sales of EV chargers and wind turbines manufactured at an ISO 9001:2015 certified facility in Mandra, Attica, sales of integrated energy autonomy systems (Eunice Home and Eunice Commercial), and large-scale infrastructure project development including two 250MW/1,000MWh BESS facilities (Ptolemaida and Arcadia, €560M+ combined), the 582MW AIGAIO wind project across 23 Aegean islets, and the 2,000MW GAP Interconnector submarine DC link between Egypt and Greece. Distribution combines direct enterprise sales, the Joltie e-mobility subsidiary, and a 2019 joint venture with Blink Charging Co. for European EV market access. Eunice Power holds the only 100% green electricity supply license in Greece, and the TILOS hybrid power system has won four international awards including EU Sustainable Energy Awards.

The company is expanding internationally with offices in Cyprus, Berlin, and Munich, and is diversifying into data infrastructure via the newly formed Eunice Bright Data MAE subsidiary. The 51-100 employee headcount is modest relative to the €560M+ in committed project capex and the 1,650MW+ development pipeline, signaling an asset-heavy but lean-operator model that relies on EU regulatory tailwinds (Projects of Common Interest, ENTSO-E TYNDP inclusion, Horizon 2020 funding) and strategic partnerships (Blink Charging, Siemens, Hubject) to execute at scale.

Name

Eunice

Legal name

EUNICE LABORATORIES MAE

Website

https://eunice-group.com

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

51–100 employees

Short description

Eunice is a Greek green technology group that generates and supplies 100% renewable electricity, manufactures EV chargers and wind turbines, and develops large-scale solar, storage (BESS), and interconnector projects for residential, commercial, utility, and island-microgrid customers in Greece and the EU.

Ownership category

akta.pro rank

Product category

Renewable Energy Solutions

NAICS

Electric Power Generation, Transmission and Distribution (2211), Solar Electric Power Generation (221114), Turbine and Turbine Generator Set Units Manufacturing (333611), Electric Bulk Power Transmission and Control (221121)

SIC

Cogeneration Services & Small Power Producers (4991), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Electrical Industrial Apparatus (3620)

akta.pro primary industry

Hybrid Microgrids (Solar+Storage+Gen, Multi-Resource) (EUACALAH)

akta.pro secondary industries

DER & Microgrid Interconnection / Grid Edge Integration Services (EUAEANAF), Smart Grid Automation & Distribution Management (DA/ADMS) (EUADAPAA), Microgrid, DER & Building Electrification Energy Controls (Solar/Storage/EV Load Orchestration) (BPABAGAJ), Distributed Storage (Behind-the-Meter Batteries) (EUAMAJAE)

Keywords

• Renewable energy systems
• EV charging infrastructure
• Wind turbine manufacturing
• Energy storage solutions
• Green electricity supply

Headquarters

HQ city

Athens

HQ country

Greece

HQ region

Europe

Offices5 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Renewable Energy Generation & Supply: Eunice generates electricity exclusively from renewable sources (wind and solar) and supplies 100% clean green electricity to households and businesses through Eunice Power / We Energy. Operates wind farms and PV parks throughout Greece with approximately 100MW installed capacity.
2. EV Charging Infrastructure & Products: Manufactures and sells EV chargers (AC and DC), including home chargers, commercial chargers, and fast chargers. Revenue from hardware sales, installation services, and maintenance contracts. Products include EEG-2S-22P, EEG-1S-22W, Cylindrical AC Charger, Eunice Hub, MaxiCharger DC Compact/Fast, Eunice Box S/T.
3. Wind Turbine Manufacturing & Sales: Designs, manufactures and sells the EW16 Thetis 50kW wind turbine, the first and only Greek-made wind turbine. Revenue from product sales, customization, and potentially licensing of technology.
4. Energy Autonomy Solutions (Eunice Home/Commercial/Industrial): Provides complete integrated energy systems combining PV panels, battery storage, wind turbines, smart management, and EV charging for residential and commercial customers. Revenue from system sales and installation.
5. Large-Scale Infrastructure Projects: Develops and invests in megaprojects including Battery Energy Storage Systems (BESS), energy interconnections (GAP Interconnector, SAI), and green island projects. Revenue from project development, investment returns, and potentially infrastructure services.
6. Smart Energy Management Software: S4S energy management system and Eunice Smart app/platform for monitoring and controlling energy production, storage, and consumption. May include subscription components for premium features and ongoing platform services.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels8 records

Core offering

Eunice is a vertically integrated green tech solutions company that designs, manufactures, and deploys renewable energy products and integrated energy autonomy systems. Its core offerings include the EW16 Thetis 50kW wind turbine, a full range of AC and DC EV chargers, photovoltaic and solar inverter systems, and large-scale Battery Energy Storage Systems, all unified by its proprietary S4S intelligent energy management platform for residential, commercial, industrial, and utility-scale customers.

Product overview

Eunice is a Green Tech Solutions Integrator offering a comprehensive portfolio of energy technology products and services for homes, businesses, and industries. The product ecosystem centers on energy autonomy and independence solutions. The core offering includes Eunice Home, Commercial, and Industrial solutions (integrated solar, storage, and smart management systems), complemented by a full range of proprietary manufactured products including Eunice Drive EV chargers (AC and DC chargers including EEG-2S-22P, EEG-1S-22W, MaxiCharger series, Box S/T home chargers, and Eunice Hub), Eunice Wind's EW16 Thetis 50kW wind turbine (the first and only Greek-made wind turbine), and Eunice Solar inverters and photovoltaic panels. The S4S intelligent energy self-management system unifies energy production, storage, and consumption optimization. Eunice Power provides 100% renewable electricity supply, while major projects include TILOS hybrid power system, BESS storage stations, and interconnector projects. The company operates manufacturing facilities in Mandra, Attica, producing EV chargers and wind turbines.

Differentiator

Problem solved

Functional benefit

Brands

• S4S (Storage for Sustainability, Smart Grid, Solutions, Security): Intelligent energy self-management system that ensures energy autonomy at every scale, combining different energy sources with storage
• S4S Tilos
• Eunice Drive
• EW16 Thetis
• Eunice Home
• Eunice Commercial
• Eunice Smart
• Green Seal

Products and services

• EW16 Thetis Wind Turbine 50kW small wind turbine manufactured in Greece for micro grids and smart grid applications, featuring AC-DC-AC converter technology, customized SCADA, minimal moving parts for low maintenance, and ultra-low noise levels. Targeted at utilities, island communities, and commercial off-grid or hybrid installations.
• Eunice Drive EV Chargers (product line) Complete EV charging product line including AC dual socket chargers (EEG-2S-22P), wall-box chargers (EEG-1S-22W), cylindrical AC chargers, DC fast chargers (MaxiCharger DC Compact, MaxiCharger DC Fast), home chargers (Eunice Box S, Eunice Box T), and the Eunice Hub distributed charging solution up to 22kW AC. All units are manufactured in Greece with IK10 anti-vandal enclosures and IP55 protection. Targeted at residential, commercial, and public EV charging deployments.
• Eunice Solar (photovoltaic systems) Integrated photovoltaic system solutions including new-generation inverters and smart management, collaborating with leading international companies for solar panels. Targeted at residential, commercial, and industrial customers building integrated energy autonomy systems.
• Eunice Home (residential energy autonomy) Complete energy autonomy and independence solution for residential properties, integrating PV panels, battery storage, wind, smart management, and EV charging to enable households to produce, store, and manage their own clean green energy and reduce grid dependence. Targeted at individual homeowners.
• Eunice Commercial (commercial energy autonomy) Complete energy autonomy solution for businesses and commercial enterprises, enabling up to 100% autonomous operation, electricity bill reduction, and remote real-time monitoring of electricity flow. Targeted at commercial and industrial businesses.
• Eunice Power (green electricity supply) Retail electricity supply of 100% renewable energy to households and businesses in Greece, offering competitive tariffs, transparent fixed pricing with no hidden charges, and Green Seal certification for business customers. Holder of FOSE license for RES representation. Targeted at residential and SMB electricity consumers.

Quantifiable outcome

• Residential system (3.5kW PV + 5.8kWh Battery) achieves 10-15% energy savings, >3 hours energy autonomy, EUR 1,350-1,500 annual cost savings, 9-10 tons CO2 annual reduction
• +4 more outcomes

Named customers2 records

Segments5 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability5 records

Feature6 records

Partnerships

15 partnerships are on record, tiered flagship, core and minor.

• Blink Charging Co.flagshipStrategic or Co-development Partner · 19 March 2019Joint venture established March 2019 between Eunice Energy Group and Blink Charging Co. (NASDAQ: BLNK) to target the European EV charging market. Combined Blink's international charging network expertise with Eunice's Greek manufacturing capabilities and market presence. Partnership enables cross-border EV charging through Blink's network while Eunice provides Made-in-Greece charging hardware.
• HubjectcoreTechnology or IntegrationEunice is the first Greek company to become a member of the pan-European Hubject eRoaming EV charging network. Enables cross-border charging access for EV drivers between Greece and Europe without additional subscriptions. All Eunice chargers are Hubject compliant.
• Siemens Digital Industries SoftwarecoreTechnology or IntegrationSiemens published comprehensive case study on Eunice Wind and EW16 Thetis wind turbine. Collaboration with FEAC Engineering (Siemens partner) utilizing Simcenter STAR CCM+ for digital twin development and CFD simulations. FF4EuroHPC infrastructure used for high-performance computing.
• FEAC EngineeringcoreTechnology or IntegrationOfficial Siemens partner collaborating with Eunice Wind on EW16 Thetis design and optimization using Simcenter STAR CCM+. Achieved digital twin development for automated evaluation of design variants under realistic wind conditions.
• University of Western MacedoniacoreStrategic or Co-development PartnerStrategic partnership for Data Center project in Western Macedonia. Bolsters Eunice's capacity for sustainable development and technological innovation in the region.
• MIT Professor Dr. Dimitris BertsimasflagshipStrategic or Co-development PartnerStrategic partner for Data Center project integrating cutting-edge technology in renewable energy, optimization systems, and artificial intelligence. Creating a model of sustainable development replicable on global scale.
• Guild of Bakers of Athens Suburbs and Surroundings (SAAPP)coreGTM or Marketing PartnerStrategic partnership for electricity supply at lowest market prices for professional artisan bakers. First stage: supply at competitive pricing. Second stage: PPA wind farms for green energy. Third stage: complete energy decarbonization for bakers across Greece.
• Cycladika MeltemiacoreStrategic or Co-development PartnerGreek company member of Eunice Energy Group developing the AIGAIO Project with 582MW wind energy capacity on uninhabited Aegean islets.
• GAP Interconnector S.M.S.A.flagshipStrategic or Co-development PartnerSubsidiary of Eunice Energy Group promoting the Greece-Africa Power Interconnector project (2,000MW submarine DC transmission link between Egypt and Crete).
• We Energy / Eunice TradingcoreOthersSubsidiary brand for electricity supply and trading, providing 100% clean green electricity to households and businesses in Greece. Holder of FOSE license for RES representation.
• Joltie (E-Mobility Solutions)coreChannel Partner/ Reseller/ DistributorEunice Group subsidiary handling e-mobility solutions and EV charger distribution. Present at XENIA tourist exhibition and other industry events.
• Eunice Bright Data MAEcoreOthersNew subsidiary of Eunice Group spearheading the Data Center project in Western Macedonia (Amyntaio, Florina).
• ENTSO-EcoreOthersEuropean Network of Transmission System Operators. Eunice projects (GAP Interconnector, SAI) included in ENTSO-E Ten-Year Network Development Plan (TYNDP).
• European Union / Horizon 2020flagshipOthersTILOS Project was part of Horizon 2020 European Research Program, approved among 80 competing projects. BESS projects recognized as Projects of Common Interest (PCI). 24/7 ZEN and CRAVE-H2 projects funded through EU programs.
• GEFYRA A.E. (Rio-Antirio Bridge)minorGTM or Marketing PartnerRio-Antirio Bridge equipped with Eunice/Blink EV chargers through We Energy partnership. First green bridge in the world, enabling free EV charging for bridge users.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Enel Green Power: Global renewable energy utility (subsidiary of Enel Group) operating wind, solar, and storage at multi-GW scale. Comparable to Eunice across its generation, BESS, and integrated energy offerings, but at vastly greater scale and geographic reach.
• Iberdrola: One of the world's largest renewable energy developers with significant wind, solar, and storage portfolios plus retail electricity supply. Overlaps with Eunice in utility-scale RES generation, BESS, and energy autonomy solutions.
• Siemens Gamesa: Major wind turbine OEM that has collaborated with Eunice via Siemens Digital Industries Software for digital twin and CFD simulation. Comparable in wind technology and grid-scale renewable systems, though at much larger turbine sizes.

Direct peers

• Vestas: Global leader in wind turbine manufacturing. Eunice Wind's EW16 Thetis competes in the small-wind/microgrid segment where Vestas is also active, sharing IEC 61400 certification standards and the same target use cases of island and hybrid microgrids.
• Tesla Energy: Competes with Eunice across residential/commercial energy storage (Powerwall), solar (Solar Roof), and EV charging (Supercharger, Wall Connector). Both target integrated home/building energy autonomy with proprietary software.
• Blink Charging: Eunice's JV partner for European EV-charging expansion. Direct peer in AC and DC EV charger manufacturing and network operation, with overlapping hardware SKUs and OCPP/Hubject-compliant product lines.
• Wallbox: Designer and manufacturer of EV charging and energy management solutions for residential and commercial use. Direct comparable to Eunice Drive and Eunice Smart product families targeting home and business energy autonomy.
• SMA Solar Technology: German manufacturer of solar inverters and energy management systems. Comparable to Eunice's inverter/smart-management offering and the integration of PV with storage in the S4S platform.
• Fluence Energy: Global provider of utility-scale battery energy storage systems and software. Closely comparable to Eunice's large-scale BESS projects (Ptolemaida, Arcadia) and the software layer for storage optimization.

Emerging players

• SunPower: Residential and commercial solar plus storage provider with integrated energy management. Overlaps with Eunice Home/Commercial integrated PV+storage+EVPV solutions for the homeowner and SMB segment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UC
• LinkedInlinkedin.com/company/28519094/admin/dashboard
• Facebookfacebook.com/euniceenergygroup

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries6 records

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 Eunice