Name

Torch Clean Energy

Legal name

Torch Clean Energy

Website

https://torchcleanenergy.com

Company type

Private

Founded year

2008

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Boulder

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Project Development and Sale: Torch originates, develops, and sells completed renewable energy projects to financial partners. The company retains minority ownership in projects after commercial operations alongside long-term financial partners.
2. Power Purchase Agreements (PPA): Long-term contracts with utilities for the purchase of renewable energy output. Projects are contracted to sell power pursuant to PPAs, providing stable revenue streams.
3. Turnkey Development Services: Torch provides turnkey development services including land acquisition, site planning, permitting, equipment selection, and management of EPC contractors through commercial operations.

Go-to-market motion2 records

Distribution channels1 record

Marketing channels4 records

Core offering

Torch Clean Energy is a privately-held utility-scale renewable energy developer that originates, develops, finances, and constructs solar, wind, and battery energy storage projects for electric cooperatives and investor-owned utilities. The company provides turnkey development services from land acquisition and permitting through commercial operations, structuring projects with long-term power purchase agreements (PPAs) and partnering with financial investors such as Morgan Stanley Infrastructure Partners and D. E. Shaw Renewable Investments.

Product overview

Torch Clean Energy is a privately-held utility-scale renewable energy developer offering turnkey development services for solar, wind, and battery storage projects across the United States. The company's portfolio consists of distinct utility-scale project brands including: Red Horse I & II (hybrid wind-solar), Gray Hawk Solar, Avion Solar, and multiple solar-plus-storage projects (Winchester, Chirreon, Taos Mesa, Angel Fire, Hunter, Chester, Jarratt, Bartonsville, Bedington). Projects are typically sold to financial partners or utilities after development, with Torch maintaining minority ownership or providing ongoing development services. The company expanded in 2025 through a strategic partnership with Morgan Stanley Infrastructure Partners to become an integrated clean power platform.

Differentiator

Problem solved

Functional benefit

Products and services

• Red Horse I & II A 71 MWac hybrid wind-solar facility combining 55dc MW of solar and 30dc MW of wind on 855 acres in Cochise County, Arizona, delivering combined power to Tucson Electric Power at a single point of interconnection.
• Gray Hawk Solar A 46 MWac solar facility on 500 acres in Kingman, Arizona, interconnecting to UNS Electric's 69kV distribution system and delivering the lowest-cost renewable energy in Arizona at the time of commercial operations in July 2018.
• Avion Solar A 10 MWac community-scale solar project on 80 acres in Marana, Arizona for Trico Electric Cooperative, generating enough power for up to 2,100 residential homes.
• Chirreon Solar and Battery Storage Facility A 10 MW photovoltaic solar facility with 15 MW battery storage on 90 acres in Pinal County, Arizona for Trico Electric Cooperative, featuring 40,000+ solar panels with single-axis tracking and producing 30,000+ MWh annually.
• Taos Mesa Energy Facility A 15 MW solar array with 12 MW storage capacity located 9 miles northwest of Taos, New Mexico, developed for Kit Carson Electric Cooperative as part of its 100% daytime solar power goal.
• Angel Fire Energy Facility A 6 MW solar facility with 3 MW storage capacity in Angel Fire, New Mexico, developed for Kit Carson Electric Cooperative as part of its 100% daytime solar goal.
• Hunter Solar A 75 MWac solar facility in Arapahoe County, Colorado, jointly developed with DESRI under long-term PPAs with CORE Electric Cooperative and Holy Cross Energy.
• Chester Solar A 160 MWac solar facility in Chesterfield County, Virginia, developed in partnership with DESRI under a PPA with Facebook to power the Henrico Data Center and other data center operations.
• Jarratt Energy Solar Project A 49 MW photovoltaic solar energy generation facility on approximately 474 acres in Greensville County, Virginia.
• Bartonsville Facility A 100 MW solar power facility on approximately 1,160 acres in southern Frederick County, Virginia along Passage Road, generating 180,000+ MWh annually.
• Bedington Energy Facility
• Winchester Solar-Plus-Storage Project A 160 MW/640 MWh solar-plus-storage facility in Cochise County, Arizona, developed in partnership with Fluence Energy using Gridstack Pro 5000 BESS with domestically manufactured components, expected operational by early 2027.
• Winchester Solar (TEP) An 80 MW solar array with 80 MW/320 MWh battery storage system for Tucson Electric Power, located 18 miles west of Willcox in Cochise County, Arizona, expected to be built, owned and operated by Torch for TEP.

Quantifiable outcome

• Torch has originated, developed, and sold more than 1.6 GW of renewable power assets
• +2 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

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

• Fluence EnergyflagshipStrategic or Co-development Partner · 15 October 2025Fluence Energy and Torch Clean Energy partnered to deliver the Winchester solar-plus-storage project (160 MW/640 MWh) in Cochise County, Arizona. Fluence supplies its Gridstack Pro 5000 BESS solution with domestically manufactured components, enabling the facility to qualify for domestic content tax credits.
• D. E. Shaw Renewable Investments (DESRI)coreStrategic or Co-development PartnerDESRI and Torch partner on project development through joint ventures. Projects include Hunter Solar (75 MWac in Colorado), Chester Solar (160 MWac in Virginia with Facebook PPA), and other renewable energy facilities. DESRI acquires majority ownership while Torch maintains development role and minority stake.
• Kit Carson Electric CooperativecoreStrategic or Co-development PartnerTorch developed Taos Mesa Energy Facility (15 MW solar + 12 MW storage) and Angel Fire Energy Facility (6 MW solar + 3 MW storage) for Kit Carson, helping the co-op achieve 100% daytime solar power goal for its nearly 30,000 members.
• Trico Electric CooperativecoreStrategic or Co-development PartnerTorch partnered with Trico on multiple projects including Chirreon Solar and Battery Storage Facility (10 MW solar + 15 MW storage in Pinal County) and Avion Solar (10 MW community-scale project in Marana).
• Tucson Electric PowercoreStrategic or Co-development PartnerTorch is developing Winchester Solar (80 MW solar + 80 MW/320 MWh battery storage) for TEP in Cochise County, expected online 2027. Torch will build, own and operate the systems for TEP.
• Affordable Solar InstallationminorImplementation/ SI/ Consulting PartnerAffordable Solar Installation serves as the EPC contractor for Kit Carson Electric Cooperative projects developed by Torch, including Taos Mesa and Angel Fire facilities.
• SOLV EnergyminorImplementation/ SI/ Consulting PartnerSOLV Energy partnered on the Chirreon Solar and Battery Storage Facility as part of the Trico project team. Also provides ongoing operations and maintenance services for the Hunter Solar project once operational.
• Guzman EnergycoreChannel Partner/ Reseller/ DistributorGuzman Energy serves as wholesale power provider to Kit Carson Electric Cooperative since 2016. KCEC partnered with Guzman Energy to issue RFPs for solar capacity, and Torch proposed projects that exceeded requirements. The partnership helped KCEC expand renewable capacity while decreasing energy costs.
• PrimorisminorImplementation/ SI/ Consulting PartnerPrimoris served as the engineering, procurement, and construction (EPC) contractor for the Hunter Solar project.

Scale indicators6 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Silicon Ranch: Independent solar developer, owner, and operator partnering with utilities, corporates, and rural electric cooperatives. Silicon Ranch is a comparable peer particularly in the cooperative utility segment, where Torch has deep relationships and where utility-scale solar and storage deployment is accelerating.
• Open Road Renewables: Independent utility-scale solar and storage developer focused on U.S. markets. Open Road Renewables has a comparable development-stage profile to Torch with several hundred MW of pipeline targeting similar investor-owned utility and cooperative customers.

Broad incumbents

• Invenergy: One of North America's largest privately-held developers, owners, and operators of renewable energy and storage projects. Invenergy directly competes with Torch on utility-scale solar and storage RFPs and offers a vertically integrated platform with substantially greater capital resources.
• Lightsource bp: Global utility-scale solar developer and operator with significant U.S. project pipeline. Lightsource bp competes with Torch for utility and corporate PPAs and benefits from bp's balance sheet and energy market expertise across the broader renewable value chain.
• EDF Renewables: Subsidiary of EDF with broad North American renewable energy development, ownership, and operations across solar, wind, and storage. Competes with Torch on larger utility-scale RFPs with the added advantage of deep utility-parent balance sheet and project finance capacity.

Direct peers

• Recurrent Energy: Subsidiary of Canadian Solar that develops, owns, and operates utility-scale solar and storage projects across North America. Recurrent directly competes with Torch for utility PPAs and has a comparable project development, financing, and asset management model.
• 8minute Solar Energy: One of the largest independent U.S. utility-scale solar and storage developers with gigawatts in development. 8minute competes head-to-head with Torch on RFPs and PPAs with investor-owned utilities and community choice aggregators, particularly in California and the Southwest.
• Avantus: Utility-scale solar and storage developer with a late-stage development pipeline across the western U.S. Avantus competes with Torch for utility offtake contracts and operates a similar project development-to-construction platform.
• Hecate Energy: Independent developer of utility-scale solar, wind, and battery storage projects across North America. Hecate directly competes with Torch on IPP development opportunities and serves similar utility and corporate offtaker markets.
• D. E. Shaw Renewable Investments (DESRI): Independent renewable energy developer and long-term owner-operator that co-develops solar and storage projects with Torch (e.g., Hunter Solar, Chester Solar). DESRI competes in the same utility-scale development and PPA origination space with a similar co-op and utility target customer base.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/torch-clean-energy

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 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 Torch Clean Energy