BELECTRIC

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.

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

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

• Solar EPC services
• Utility-scale photovoltaic systems
• Battery energy storage
• Floating solar PV
• Solar operations and maintenance

Headquarters

HQ city

Kolitzheim

HQ country

Germany

HQ region

Europe

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. 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.
2. 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.
3. Project Development: Development services for solar power plant projects from initial consulting through to construction-ready stage.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels7 records

Core 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

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Seven partnerships are on record, tiered major, minor, flagship and core.

• Severn Trent Green PowermajorStrategic or Co-development Partner · 13 February 2026BELECTRIC 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 InnovativminorStrategic or Co-development Partner · 1 November 2025BELECTRIC 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 GroupflagshipOthers · 1 April 2025Elevion 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 SolarcoreStrategic or Co-development PartnerBELECTRIC 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.
• NovarmajorStrategic or Co-development PartnerPartnership 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 CarboncoreStrategic or Co-development PartnerBELECTRIC 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.
• WeiershäuserminorStrategic or Co-development PartnerLocal 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

Direct 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

• Xxing.com/pages/belectric
• YouTubeyoutube.com/@BELECTRIC_GmbH
• LinkedInlinkedin.com/company/belectric-gmbh
• Instagraminstagram.com/belectric_solar

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries8 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 BELECTRIC