Enlighten

What Enlighten does

Enlighten (엔라이튼) is a South Korean energy IT platform company that aggregates distributed solar energy resources through its AI-powered Solar Champ (발전왕) asset management platform. The platform monitors approximately 29,500 solar power plants representing 7GW of cumulative capacity — roughly 23% of South Korea's total solar fleet — and serves as the operational hub for real-time monitoring, weather-based power generation forecasting, anomaly detection, REC trading, and long-term contract matching between power producers and corporate offtakers. The company operates across the full solar value chain, including project development and EPC construction, RE100 advisory and PPA brokerage for large enterprises, rooftop leasing from building owners, demand response and power brokerage services, distribution-network ESS advisory, and insurance distribution through partnerships with Hanwha General Insurance and TPA Korea. Its subsidiary SolarBridge (솔라브리지) operates a P2P renewable-energy investment platform registered with the Financial Services Commission.

Underlying technology combines proprietary AI capabilities — including weather-based power generation forecasting, plant clustering algorithms, cluster-based abnormality diagnosis, and photovoltaic anomaly detection, several of which are patent-protected — with VPP (Virtual Power Plant) infrastructure that integrates distributed resources through demand response and energy management systems. Monetization spans one-time EPC revenue, recurring platform and monitoring subscriptions (e.g., Solar Champ RTU at ~18,000–21,900 KRW/month), transaction-based power brokerage fees tied to KPX forecasting-accuracy incentives, long-term rooftop rental payments (up to 40 million KRW/year for 1MW installations over 20-year terms), and managed PPA services for enterprise RE100 buyers. Marquee customers span electronics (Samsung Electronics tier-1 partners, 2025), automotive (Hyundai Motor, 20MW PPA, 2024), tobacco (KT&G, 5MW PPA, 2025), internet (Naver data center PPA), logistics (Lotte Global Logistics, 7.6MW rooftop PV), chemicals (Lotte Fine Chemical, 1MW), and government (Goyang City, 217-household community solar). The company achieved 485 billion KRW (~$345M) in 2025 consolidated revenue with operating and net profitability on a K-IFRS basis, completed designated audit requirements, and is preparing for an IPO.

Name

Enlighten

Legal name

엔라이튼 주식회사 (ENlighten Co., Ltd.)

Website

https://enlighten.kr

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

51–100 employees

Short description

Enlighten (엔라이튼) operates the Solar Champ (발전왕) AI platform across 7GW of solar capacity (~23% of Korea's total), serving enterprise RE100 customers, rooftop lessors, and plant owners with monitoring, forecasting, PPA brokerage, and EPC services.

Ownership category

akta.pro rank

Product category

Solar Energy Services

NAICS

Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)

SIC

Electric Services (4911)

akta.pro primary industry

Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

akta.pro secondary industries

Utility-Scale PV EPC (Engineering, Procurement & Construction) (EUACAGAB), Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance) (EUAMAFAK), Solar Balance-of-System Components (Cables, Combiner Boxes, Switchgear, Transformers) (EUAMABAG)

Keywords

• Solar energy services
• Renewable energy platforms
• Solar asset management
• Virtual power plant
• Corporate PPA solutions

Headquarters

HQ city

Seocho

HQ country

South Korea

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Infrastructure Construction (EPC): Solar power plant construction services including design, procurement, and construction (EPC). Revenue from building solar installations for commercial, industrial, and residential customers. Provides turnkey solutions from site selection to commissioning.
2. Platform-based Infrastructure Solutions: Data and platform-based infrastructure building solutions combining EPC with long-term operational services. Includes rooftop solar subscription (RE100 Solar Subscription) with zero initial investment for customers.
3. Monitoring Services (RTU): Real-time monitoring subscription services through 발전왕 모니터링(RTU) devices. Monthly subscription fees for equipment monitoring, anomaly alerts, and reporting services.
4. Power Brokerage Services: Electricity trading and brokerage services through the 발전량 예측제도 (generation forecasting system). Earns incentives from KPX based on prediction accuracy, with fixed monthly fees based on facility capacity.
5. RE100 Solutions and PPA: Corporate renewable energy procurement services including direct PPA arrangements, REC sourcing, and long-term power supply contracts with enterprises.
6. Rooftop Rental Income: Rooftop rental business model where Enlighten rents building rooftops from owners to install solar, paying fixed rental fees to rooftop owners while operating the solar installation.
7. O&M and Asset Management: Operations and maintenance services for solar power plants, including remote monitoring, safety management, and administrative services through 발전왕 and 발전왕 비즈 platforms.
8. Insurance Services: Solar comprehensive insurance services through partnerships with Hanwha General Insurance and TPA Korea, providing coverage for property damage, business interruption, and liability.

Pricing tiers

Go-to-market motion4 records

Distribution channels5 records

Marketing channels7 records

Core offering

Enlighten operates an AI-based solar asset management platform called Solar Champ (발전왕) that monitors approximately 29,500 solar power plants with a combined 7GW capacity, representing about 23% of South Korea's total solar generation. The company provides end-to-end solar energy services including EPC construction, RE100 subscription programs, rooftop leasing, government subsidy consulting, AI-powered monitoring, power brokerage, demand response, and Virtual Power Plant (VPP) aggregation, connecting solar power producers with corporate RE100 buyers through direct Power Purchase Agreements (PPAs).

Product overview

Enlighten operates as an Energy-as-a-Service platform that aggregates distributed solar energy resources through its proprietary technology stack. The core offering is the 발전왕 (Solar Champ) AI-based asset management platform, which serves as the central hub connecting approximately 29,500 solar power plants (7GW capacity). This platform enables monitoring, optimization, and trading services. Surrounding the core platform are specialized modules including 발전왕 모니터링(RTU) for real-time data collection, 발전왕 비즈 for contractor management, and various service offerings including RE100 solar subscriptions, rooftop leasing, government subsidy programs, power brokerage, demand response, and distribution network ESS consulting. The company also operates SolarBridge as a subsidiary P2P investment platform. All services integrate into the VPP technology infrastructure, positioning Enlighten as Korea's leading energy IT platform aggregating resources for virtual power plant operations.

Differentiator

Problem solved

Functional benefit

Brands

• 발전왕 (Solar Champ): AI-based solar asset management platform managing 7GW across 29,500+ power plants
• 발전왕 비즈 (Solar Champ Biz)
• 발전왕 모니터링(RTU)
• SolarBridge

Products and services

• Solar Champ (발전왕) AI-based solar asset management platform providing real-time power generation monitoring, performance benchmarking, REC trading, and RE100 long-term contract matching for solar power plant owners and operators.
• Solar Champ RTU Monitoring (발전왕 모니터링) Real-time monitoring device and subscription service using Remote Terminal Unit (RTU) technology that collects solar power plant data and provides instant alerts, anomaly detection, and reporting for plant owners.
• Solar Champ Biz (발전왕 비즈) Integrated management platform for solar construction companies and electrical safety managers, supporting up to 100 monitoring site connections with power plant monitoring, remote control, issue management, and report generation.
• RE100 Solar Subscription (RE100 태양광 구독) Subscription-based solar service enabling companies to achieve RE100 compliance and reduce electricity costs without initial investment. Enlighten installs and operates solar facilities on customer rooftops while customers pay only monthly usage fees.
• Solar Power Business (태양광 발전사업) End-to-end solar power generation business services covering site evaluation, financial structuring, permits, construction, and long-term operations and maintenance (O&M) for commercial and industrial customers.
• Rooftop Leasing (지붕 임대사업) Rooftop leasing service where Enlighten rents idle rooftops from building and factory owners to install solar facilities, providing fixed rental income over 20-year contracts and managing the solar installation.
• Sunshine Income Village Program (햇빛소득마을 사업) Community solar program enabling village cooperatives to install 300kW-1MW solar power plants on idle land, with revenues shared among community members as a 'sunshine pension.'
• Government Subsidy Consulting (정부지원사업) Government subsidy consulting and application services for solar installations, covering residential, building, rental, smart eco-factory, and financing support programs to reduce customer investment costs.
• Power Brokerage (전력중개) Power brokerage service enabling small-scale solar operators (≤1MW) to participate in generation forecasting markets, earning additional revenue through prediction accuracy incentives paid by KPX.
• Remote Monitoring & Control (원격감시제어) Remote monitoring and control system for 1-3MW power plants enabling 24/7 facility monitoring without on-site safety managers, with remote control of inverters and circuit breakers to reduce operational costs.
• Solar Comprehensive Insurance (태양광종합보험) Comprehensive solar insurance coverage including property damage, business interruption, and liability protection for solar power plant owners, offered through partnerships with Hanwha General Insurance and TPA Korea.
• Corporate Renewable Energy Procurement (기업 재생에너지 조달) Corporate renewable energy procurement services including direct PPA arrangements and REC sourcing, matching enterprise energy consumption patterns with optimal renewable energy supply resources.
• Demand Response Services (수요관리 DR) Demand response services enabling companies to participate in DR markets by analyzing power consumption patterns, conducting load shifting, and earning incentive revenue while reducing electricity costs.
• Distribution Grid ESS Advisory (배전망 ESS 사업) Distribution network ESS (Energy Storage System) advisory services for power plants waiting for grid connection, consulting on VPP operator contracts, output control compensation, and REC preservation.
• SolarBridge P2P Investment Platform Renewable energy P2P investment platform operated by SolarBridge subsidiary, enabling individuals to invest in solar projects through an online investment-linked financial business registered with the Financial Services Commission.

Quantifiable outcome

• Electricity cost reduction of up to 80% for residential customers
• +4 more outcomes

Named customers11 records

Segments6 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature7 records

Partnerships

13 partnerships are on record, tiered core and major.

• Samsung ElectronicscoreStrategic or Co-development PartnerSelected as RE100 on-site solar provider for tier-1 partners of Samsung Electronics (2025), providing solar installations and renewable energy solutions.
• Hyundai MotorcoreStrategic or Co-development PartnerSigned 20MW PPA with Hyundai Motor (2024) for renewable energy supply to support their RE100 goals.
• KT&GcoreStrategic or Co-development PartnerSigned 5MW PPA with KT&G (2025) for renewable energy procurement.
• NavercoreStrategic or Co-development PartnerPPA partnership for Naver 1784 Building (RE15) and power supply to Naver's second office building.
• Korea Energy Agency (한국에너지공단)coreStrategic or Co-development PartnerGovernment partner for renewable energy programs including ReSCO registration and 햇빛소득마을 implementation.
• Hanwha General Insurance (한화손해보험)majorChannel Partner/ Reseller/ DistributorPartnership for solar comprehensive insurance products through group insurance structure with TPA Korea as the administrator.
• TPA Korea (티피에이코리아)majorChannel Partner/ Reseller/ DistributorInsurance specialist company handling solar insurance product administration, sales, and claims processing.
• Olbiz Connect (올비즈커넥트)coreOthersGroup company serving as representative contractor for solar comprehensive insurance group contract structure.
• SolarBridge (솔라브리지)coreOthersSubsidiary operating P2P investment platform for solar projects. Registered as online investment-linked financial business operator.
• Chungcheongnam-do ProvincemajorStrategic or Co-development PartnerMOU signed to promote RE100 adoption in industrial complexes in Chungcheongnam-do.
• Gyeonggi ProvincemajorStrategic or Co-development PartnerMOU for establishing Gyeonggi RE100 Trading Platform and RE100 investment agreement with Gyeonggi-do Industrial Complex.
• Lotte Global LogisticsmajorStrategic or Co-development Partner7.6MW rooftop PV installation across nationwide logistics centers with PV construction, O&M, and RE100 PPA advisory services.
• Daedong MobilitymajorStrategic or Co-development Partner3MW rooftop PV installation at Daegu factory with Operating Lease Agreement.

Scale indicators13 records

Recent moves9 records

Expansion highlights6 records

Emerging players

• Solar Analytics: Australia-based solar asset monitoring and analytics platform serving residential and commercial portfolios. Functionally analogous to Solar Champ Monitoring (RTU) and Solar Champ Biz — a regional software-led peer in solar performance monitoring.
• Aurora Solar: US-based solar design and sales platform used by thousands of installers. Tangentially comparable as a software layer over the solar value chain, though focused upstream on design/proposal rather than downstream O&M and VPP.
• Stem Inc: US-listed AI-driven clean energy software and VPP operator focused on solar+storage optimization. Comparable to Enlighten's VPP/forecasting stack, though Stem's narrower focus on enterprise behind-the-meter assets is a partial overlap.

Broad incumbents

• OCI Energy: Korean-origin global renewable energy developer with solar project development and asset management capabilities across the US and Asia. Comparable as a project developer/owner that increasingly competes for utility-scale and C&I RE100 contracts.
• Hanwha Q Cells: Korean-headquartered vertically integrated solar manufacturer and EPC player with global project pipeline. Incumbent competitor in Korean solar construction, with broader scale but less software/asset-management focus than Enlighten.
• Korea Electric Power Corporation (KEPCO): Dominant Korean state-owned electric utility and grid operator. Indirectly comparable as the operator of Korea's transmission system, purchaser of renewable generation via KPX, and counterparty in Enlighten's power-brokerage arrangements.
• Hannon Armstrong: US climate solutions investor/financier providing capital for energy efficiency and solar projects. Comparable as an institutional-scale funder of RE100-aligned infrastructure projects, providing a public-market benchmark for Enlighten's project finance franchise.

Regional players

• KS Energy: Korean EPC and renewable energy company active in domestic solar project development and operations. Directly comparable Korean competitor for rooftop/utility-scale EPC and O&M mandates, although less differentiated on the data/AI layer.

Direct peers

• 1Komma5° (1PointFive): European solar/VPP platform offering rooftop solar, storage, heat pumps and energy-as-a-service bundled through a software platform. Highly comparable end-to-end model targeting residential and SME decarbonization with subscription-based offerings.
• Octopus Energy (Kraken platform): UK-headquartered renewable energy retailer with Kraken, a vertically integrated VPP/asset management platform for distributed energy. Direct analogue to Enlighten's Solar Champ + VPP stack — both aggregate millions of distributed assets for forecasting, optimization and grid services.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@ENlighten_kr
• Facebookfacebook.com/enlighten.kr
• LinkedInlinkedin.com/company/solarconnect-inc.

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds4 records

Investors8 records

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 Enlighten