Velo Solar
- Company typePrivate
- Founded2008
- HeadquartersAtlanta, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
Velo Solar firmographics
Firmographics- Name
- Velo Solar
- Legal name
- Velo Solar
- Website
- https://velosolar.com
- Company type
- Private
- Founded year
- 2008
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
Velo Solar industry classification
Industry- Product category
- Commercial Solar EPC Services
- NAICS
- Solar Electric Power Generation (221114)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
Keywords
Where Velo Solar is headquartered
LocationHeadquarters
- HQ city
- Atlanta
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Velo Solar business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Supply Chain, Operations, Technology or R&D, Marketing or Sales
Revenue model
- Solar System Design and Installation: Velo Solar designs and installs custom commercial solar systems including rooftop, ground mount, and carport configurations. Revenue is generated through project-based fees for engineering, procurement, and construction services.
- Energy Storage Systems: Battery storage solutions including lithium-ion systems for commercial and industrial applications, sold as part of solar-plus-storage projects or as standalone retrofits.
- PowerEnfo Monitoring Software: Proprietary energy monitoring platform offered as part of solar installations. Provides real-time monitoring, billing, and reporting capabilities for solar assets and PPA customers.
- Operations and Maintenance: Ongoing technical support, system monitoring, and maintenance services for installed solar systems to ensure warranty compliance and operational excellence.
- Solar Financing Services: Velo Solar offers solar PPAs, lease-to-own arrangements, and works with financing partners to enable commercial solar adoption, potentially taking a margin on financing arrangements.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Direct Purchase - Cash or Loan |
| Subscription | Pay-as-you-go | Solar Power Purchase Agreement (PPA) |
| Subscription | Monthly | Solar Lease |
| Other | Multi-year contract | C-PACE Financing |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
Velo Solar product offering
Product offeringCore offering
Velo Solar is a full-service commercial and industrial solar EPC firm that co-designs and installs custom rooftop, ground-mount, and carport solar photovoltaic systems, paired with lithium-ion battery energy storage solutions. The firm delivers projects under a flexible design-build model that allows customers to purchase individual services (feasibility studies, engineering, installation) or full turnkey packages, and supports installations with proprietary PowerEnfo real-time energy monitoring software and ongoing operations and maintenance services.
Product overview
Velo Solar offers a comprehensive portfolio of commercial solar products and services centered around custom-designed solar energy systems and battery storage solutions. The core offering includes commercial solar power systems (rooftop, ground mount, carport), paired with proprietary energy monitoring software PowerEnfo and battery storage systems. Additional services encompass solar engineering, operations and maintenance, and flexible financing options including direct purchase, PPAs, and leases. The company employs a design-build approach, allowing customers to procure services incrementally rather than requiring full turnkey packages. The product ecosystem is unified around energy resilience, cost reduction, and sustainability goals for commercial and industrial clients.
Differentiator
Problem solved
Functional benefit
Brands
- PowerEnfo: Proprietary energy monitoring system that provides real-time energy monitoring and renewable energy system health at a module level. Now part of LCOE.ai following 2024 acquisition.
Products and services
- Commercial Solar Power Systems Custom-engineered rooftop, ground-mount, and carport solar PV systems co-designed with commercial and industrial customers to meet site-specific generation, resilience, and sustainability goals.
- Energy Storage Solutions Custom lithium-ion battery storage systems paired with solar arrays that store excess generation for nighttime use, peak shaving, and backup power during grid outages for commercial and industrial facilities.
- PowerEnfo Energy Monitoring Software Cloud-based energy monitoring platform that delivers real-time module-level solar performance, system health, automated fault detection, interactive reporting, and billing/QuickBooks integration for Independent Power Producers and PPA customers.
- Solar Operations and Maintenance Ongoing O&M service for installed solar systems including annual inspections, performance monitoring, warranty compliance support, and technical issue resolution.
- Solar Engineering Services Licensed Professional Engineer-led services covering site analysis, feasibility studies, structural design of solar plants, and custom engineering for unique commercial and industrial site requirements.
- Solar EPC Solution Turnkey Engineering, Procurement, and Construction service combining engineering, equipment procurement, installation, and commissioning under single-point-of-responsibility for commercial solar projects.
- Solar Financing Options Suite of commercial solar financing mechanisms including direct purchase, solar loans, Power Purchase Agreements (PPAs), operating and capital leases, lease-to-own (available for systems as small as 50 kW), and C-PACE property-assessed clean energy financing.
Quantifiable outcome
- 30% federal solar investment tax credit available for qualifying commercial solar projects
- +3 more outcomes
Companies that use Velo Solar
Customer profileNamed customers7 records
Segments7 records
Ideal customer profiles2 records
Velo Solar technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability3 records
Feature3 records
Velo Solar partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered core and minor.
- Yamaha Motor CorporationcoreVelo Solar is installing solar arrays at Yamaha's Southeastern Headquarters in Kennesaw, GA and Yamaha Motor Manufacturing Corporation of America in Newnan, GA. The project supports Yamaha's goal to achieve carbon neutrality within manufacturing operations by 2035.
- Solar Energy Industries Association (SEIA)coreNational solar industry association membership providing industry credibility, advocacy representation, and networking opportunities within the commercial solar sector.
- Georgia Solar Energy AssociationcoreState-level solar industry association in Georgia. Velo Solar VP of Business Development Thatcher Young serves on the association's board of directors.
- Golf Course Superginiers Association (GCSAA)minorPartner organization representing golf course professionals; Velo Solar provides solar solutions for golf course facilities.
- Amicus Solar CooperativeminorSolar industry buying cooperative providing access to preferred pricing on solar equipment and technology.
- Cox EnterprisescoreVelo Solar installed solar arrays and implemented Empower's Energy Dashboard for Cox Enterprises' sustainability initiative through the Cox Conserves program targeting carbon neutrality by 2044.
- Drawdown Georgia Business CompactminorStatewide initiative facilitated by Georgia Tech's Ray C. Anderson Center for Sustainable Business. Yamaha participates in this compact, which aligns with Velo Solar's customer sustainability goals.
Scale indicators7 records
Recent moves6 records
Expansion highlights5 records
Velo Solar competitors and assessment
Company assessmentMarket position
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Velo Solar social profiles
Digital presenceVelo Solar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Velo Solar leadership team
Management profileNumber of profiles
Profiles2 records
Velo Solar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Velo Solar 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 Velo Solar
What does Velo Solar do?
Velo Solar is a full-service commercial and industrial solar EPC firm that co-designs and installs custom rooftop, ground-mount, and carport solar photovoltaic systems, paired with lithium-ion battery energy storage solutions. The firm delivers projects under a flexible design-build model that allows customers to purchase individual services (feasibility studies, engineering, installation) or full turnkey packages, and supports installations with proprietary PowerEnfo real-time energy monitoring software and ongoing operations and maintenance services.
Is Velo Solar a public or private company?
Velo Solar is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Velo Solar founded?
Velo Solar was founded in 2008. It employs 1 to 10 people.
Where is Velo Solar based?
Velo Solar is headquartered in Atlanta, United States, in the North America region.
How does Velo Solar make money?
Five revenue lines are on record. Solar System Design and Installation is the primary driver. The others are energy Storage Systems, powerEnfo Monitoring Software, operations and Maintenance and solar Financing Services.
Does Velo Solar have an API?
No public API is recorded for Velo Solar.
What industry is Velo Solar in?
Velo Solar's product category is Commercial Solar EPC Services. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System). Its NAICS code is 221114 and its SIC code is 4911.