BELECTRIC
BELECTRIC is a German utility-scale solar EPC and O&M company serving project developers and clean energy generators across Europe. It delivers end-to-end PV and battery storage solutions with over 5.8 GW installed globally across 550+ systems in approximately 30 countries.
- Company typePrivate
- Founded2001
- HeadquartersKolitzheim, Germany
- Headcount501–1,000
- GTM typeB2B
- OfferingServices
What BELECTRIC does
BELECTRIC is a German solar energy and battery storage company headquartered in Kolitzheim, Germany, founded in 2001. It specializes in the development, engineering, procurement, and construction (EPC) of utility-scale solar power plants alongside battery energy storage systems (BESS), floating PV installations, and agri-PV dual-use systems. The company operates a 360° PV & BESS solution covering the full project lifecycle from consulting and project development through construction to long-term operations and maintenance (O&M). To date, BELECTRIC has installed more than 5.8 GW across 550+ PV systems in approximately 30 countries and maintains 3,157 MWp under active O&M, positioning it as one of Europe's leading O&M service providers for utility-scale solar.
The company's core technology stack centers on ground-mounted PV systems ranging from a few MW to several hundred MW, hybrid and standalone BESS, floating PV on water surfaces, and agrivoltaics. Proprietary tooling includes the Automise Layout Tool for rapid PV and BESS design generation and a real-time monitoring platform deployed across the O&M portfolio since 2008, supporting anomaly identification and reactive maintenance. BELECTRIC holds ISO 9001:2015 certification covering quality, health, safety, and environmental processes. The company's business model combines project-based EPC revenue with recurring O&M contracts on installed assets; pricing is project-specific and not publicly disclosed, with typical contract cadences spanning multiple years of construction followed by long-tail operations support.
BELECTRIC operates as a wholly-owned subsidiary of Elevion Group since 2021, with wholly-owned local entities across Germany, the UK, Spain, Italy, the Netherlands, Israel, and Poland. Its customer base is concentrated in utility-scale solar project developers and clean energy generators, with named enterprise clients including Severn Trent Green Power (210 MW UK portfolio), Vattenfall, Novar (192 MW Eekerpolder in the Netherlands), and Low Carbon. The company maintains approximately 600 employees across nine countries and pursues geographic expansion into additional European markets while extending its product surface into battery storage and grid services.
BELECTRIC firmographics
Firmographics- Name
- BELECTRIC
- Legal name
- BELECTRIC GmbH
- Website
- https://belectric.com
- Company type
- Private
- Founded year
- 2001
- Operating status
- Operating
- Headcount range
- 501–1,000 employees
- Short description
- BELECTRIC is a German utility-scale solar EPC and O&M company serving project developers and clean energy generators across Europe. It delivers end-to-end PV and battery storage solutions with over 5.8 GW installed globally across 550+ systems in approximately 30 countries.
- Ownership category
- akta.pro rank
BELECTRIC industry classification
Industry- Product category
- Solar EPC and Energy Storage Services
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111), Electric Power Generation, Transmission and Distribution (2211)
- akta.pro primary industry
- Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks) (EUAEADAJ)
- akta.pro secondary industries
- Utility-Scale BESS EPC & Integration (EUAEAEAA), BESS Operations, Maintenance & Asset Performance Management (APM) (EUAFAAAG)
Keywords
Where BELECTRIC is headquartered
LocationHeadquarters
- HQ city
- Kolitzheim
- HQ country
- Germany
- HQ region
- Europe
Offices3 records
Markets served
BELECTRIC business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- EPC Services: Engineering, Procurement, and Construction services for solar power plants and battery storage projects. Revenue generated through project-based contracts for construction of utility-scale PV systems.
- Operations & Maintenance (O&M): Ongoing O&M services ensuring smooth system operations for customers. With 3,157 MWp in Operations & Maintenance, this represents a recurring revenue stream from existing installed base.
- Project Development: Development services for solar power plant projects from initial consulting through to construction-ready stage.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Project-specific pricing based on scope and capacity |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels7 records
BELECTRIC product offering
Product offeringCore offering
BELECTRIC develops and constructs utility-scale solar power plants and battery energy storage systems (BESS), providing a full 360° PV & BESS solution covering consulting, project development, engineering-procurement-construction (EPC), and ongoing operations and maintenance (O&M). Core products include ground-mounted solar parks, standalone or hybrid BESS, floating PV, and agrivoltaics (Agri-PV), supported by services in system design, permitting, grid integration, and nature-friendly land management.
Product overview
BELECTRIC is a solar energy and battery storage company offering a comprehensive 360° PV & BESS Solution that spans the entire project lifecycle. Their core product portfolio includes Solar Parks (ground-mounted systems from few MW to several hundred MW), Battery Storage (standalone or hybrid BESS), Floating PV systems, and Agri-PV/Agrivoltaics for dual land use. These products are supported by integrated service modules covering Engineering, Procurement & Construction (EPC), Operations & Maintenance (O&M), Project Development, and Innovation & System Design. The company also emphasizes Nature Compatibility through biodiversity programs. With over 25 years of experience, BELECTRIC has installed more than 5.8 GW across over 550 PV systems globally and maintains 3,157 MWp under O&M.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Parks
Quantifiable outcome
- 5.8 GW total installed capacity worldwide
- +2 more outcomes
Companies that use BELECTRIC
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
BELECTRIC technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
BELECTRIC partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered major, minor, flagship and core.
- Severn Trent Green PowermajorBELECTRIC contracted to deliver 210MW solar PV capacity for Severn Trent Green Power (STGP) in the UK. Four projects located across Shropshire, Warwickshire, North Yorkshire and Yorkshire. This represents STGP's first solar developments of scale, with construction beginning March 2026 and commercial operations targeted between August 2027 and January 2028.
- Bayern InnovativminorBELECTRIC hosted the Cluster Meeting on Battery Storage in Kolitzheim, organized by Bayern Innovativ. Nearly 70 participants from Bavaria's renewable energy sector and grid operator industry attended to discuss battery storage applications, economic viability, and grid integration.
- Elevion GroupflagshipElevion Group is the parent company of BELECTRIC, providing financial strength and strategic support. In 2025, Elevion acquired Spanish companies Trexcom and Reconcar which were integrated into BELECTRIC España. Five years of partnership celebrated in 2026.
- Vattenfall SolarcoreBELECTRIC successfully delivered multiple projects for Vattenfall Solar including Sas van Gent (19-MWp) and Goirle (14.4-MWp) solar parks in the Netherlands. Challenging ground conditions at Sas van Gent required smart solutions using ground screws and special coatings.
- NovarmajorPartnership with Novar on Eekerpolder project - 192 MW solar park in Groningen, Netherlands. This is BELECTRIC's largest European project and the biggest solar park in the Netherlands. Novar opened the construction site to the public during 'Dag van de Bouw' (Construction Day).
- Low CarboncoreBELECTRIC partnered with Low Carbon on Havebos and Wijkerbroek West solar farms in the Netherlands. These projects serve as living laboratories for university research on soil quality and biodiversity impacts of solar farms.
- WeiershäuserminorLocal family beekeeping business partnering with BELECTRIC for bee sponsorship at Herleshof solar farm - contributing to biodiversity preservation right on the solar park site.
Scale indicators9 records
Recent moves7 records
Expansion highlights5 records
BELECTRIC competitors and assessment
Company assessmentDirect peers
- BayWa r.e. German-headquartered renewable energy developer and EPC contractor with utility-scale solar, wind, and storage projects across Europe and globally. Closely comparable to BELECTRIC in business model (project development + EPC + O&M), geographic focus, and service breadth, and a natural head-to-head competitor for European utility-scale solar awards.
- Sonnedix: Global solar independent power producer with significant European footprint, developing, owning, and operating utility-scale PV plants. Comparable to BELECTRIC's project development and O&M capabilities, and a potential counterparty/competitor for the same developer and asset-owner clients across Europe.
- Scatec: Norwegian renewable energy company that develops, builds, owns, and operates solar power plants with integrated EPC and asset management services. Comparable scale, project-development-to-O&M model, and overlap in emerging-market and European utility-scale solar pursuits.
- PNE AG: German renewable energy developer with wind, solar, and storage project pipeline plus EPC and O&M services. Similar mid-sized European profile to BELECTRIC, competing for utility-scale solar awards and asset-management mandates in Germany and neighboring markets.
- Encavis: European solar and wind independent power producer with operations and maintenance services across a multi-gigawatt portfolio. Comparable to BELECTRIC's recurring O&M revenue stream and overlaps in European utility-scale solar project economics and customer base.
Broad incumbents
- Lightsource bp: One of the largest global utility-scale solar developers and operators, with deep UK and European presence. Larger and broader in scope than BELECTRIC, but competes directly for the same utility-scale solar EPC and development mandates across Europe.
- Enel Green Power: Global renewable energy IPP and developer with extensive utility-scale solar, wind, and storage portfolio. Much larger than BELECTRIC and operates across the full project lifecycle, but a benchmark customer and competitor for European utility-scale solar EPC work.
- Iberdrola Renovables: Global renewable energy developer and operator with significant European solar and storage footprint through its Iberdrola Energía Internacional and Avangrid subsidiaries. Larger and broader in scope than BELECTRIC, but a recurring counterparty/competitor for utility-scale solar and storage in core European markets.
- Acciona Energía: Spanish-headquartered global renewable energy IPP with utility-scale solar, wind, and storage assets across multiple continents. Comparable to BELECTRIC's European utility-scale solar project focus and was named directly in the same industry events (XII Foro Solar Madrid).
- EDP Renováveis: Portuguese-headquartered global renewable energy developer and operator with significant European and North American utility-scale solar pipeline. Larger and more diversified than BELECTRIC, but a direct competitor for the same European utility-scale solar EPC and development mandates.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
BELECTRIC social profiles
Digital presenceBELECTRIC compliance and trust
Trust signalCompliance2 records
BELECTRIC financial estimates
Financial estimateRevenue estimate
Valuation estimate
BELECTRIC leadership team
Management profileNumber of profiles
Profiles9 records
BELECTRIC subsidiaries and ownership
Company hierarchySubsidiaries8 records
BELECTRIC funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BELECTRIC 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 BELECTRIC
What does BELECTRIC do?
BELECTRIC develops and constructs utility-scale solar power plants and battery energy storage systems (BESS), providing a full 360° PV & BESS solution covering consulting, project development, engineering-procurement-construction (EPC), and ongoing operations and maintenance (O&M). Core products include ground-mounted solar parks, standalone or hybrid BESS, floating PV, and agrivoltaics (Agri-PV), supported by services in system design, permitting, grid integration, and nature-friendly land management.
Is BELECTRIC a public or private company?
BELECTRIC is a private company. It is classified as corporate owned and is currently operating.
When was BELECTRIC founded?
BELECTRIC was founded in 2001. It employs 501 to 1,000 people.
Where is BELECTRIC based?
BELECTRIC is headquartered in Kolitzheim, Germany, in the Europe region.
How does BELECTRIC make money?
Three revenue lines are on record. EPC Services are the primary driver. The others are operations & Maintenance (O&M) and project Development.
Who are BELECTRIC's main competitors?
Direct peers on record are BayWa r.e., Sonnedix, Scatec, PNE AG and Encavis. Broad incumbents are Lightsource bp, Enel Green Power, Iberdrola Renovables, Acciona Energía and EDP Renováveis.
Does BELECTRIC have an API?
No public API is recorded for BELECTRIC.
What industry is BELECTRIC in?
BELECTRIC's product category is Solar EPC and Energy Storage Services. Its primary akta.pro industry code is EUAEADAJ, Solar Balance-of-Plant EPC (Piles/Foundations, Trenching, Combiner Networks), with a secondary code of EUAEAEAA, Utility-Scale BESS EPC & Integration. Its NAICS code is 221114.