What Eurowatt does

Eurowatt is an independent producer of electricity from renewable energy sources, headquartered in Paris and founded in 1994. Operationally, the company sits within the broader Virya Energy platform (Virya Energy NV, headquartered in Braine-l'Alleud, Belgium), which develops, finances, constructs, and operates sustainable energy assets across five integrated verticals: onshore wind, large- and medium-scale solar (including agrovoltaic dual-use systems), RFNBO-certified green hydrogen, energy supply via the DATS 24 sub-brand (fueling stations, EV charging parks, residential green energy contracts), and infrastructure monitoring services for land- and sea-based installations.

The platform's underlying technology is a fit-for-purpose renewable engineering and operations stack rather than a software product: physical asset development integrated with local grid systems, hydrogen production infrastructure, behind-the-meter B2B energy integration, and a monitoring service layer. Notable technical differentiators include agrovoltaic integration on agricultural land, pioneering RFNBO hydrogen development for heavy-duty transport, and 6 operational hydrogen service stations. The company runs 625 MW of installed production capacity across 99 worldwide projects spanning 15+ countries.

The business model is multi-streamed: (1) long-term energy sales from owned/operated renewable assets (managed services / PPA economics); (2) transaction-based revenue from DATS 24 fueling stations and EV charging; (3) recurring service fees from third-party infrastructure monitoring contracts; and (4) project-based B2B managed services for enterprise behind-the-meter solutions. Go-to-market is enterprise field sales targeting manufacturing operations, logistics providers, retail chains, landowners, and local communities — supplemented by institutional partnerships (notably EBRD) for capital and market entry. Pricing is not publicly disclosed; all offerings are project-specific.

Name

Eurowatt

Legal name

Virya Energy NV

Website

https://eurowatt-group.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Eurowatt, operating within the Virya Energy platform, is an independent renewable energy developer and operator that develops, finances, constructs, and operates wind, solar, agrovoltaic, RFNBO hydrogen, and energy supply assets across 15+ countries for enterprise, community, and consumer customers.

Ownership category

akta.pro rank

Product category

Renewable Energy Generation

NAICS

Solar Electric Power Generation (221114), Wind Electric Power Generation (221115), Electric Power Generation (22111)

SIC

Cogeneration Services & Small Power Producers (4991), Electric Services (4911)

akta.pro primary industry

Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)

akta.pro secondary industries

Hybrid Wind Power Plants (Wind+Solar+Storage Co-located) (EUACAFAH), Renewable Energy Infrastructure (FSAAAKAG), Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)

Keywords

• Renewable energy generation
• Wind power generation
• Solar power generation
• Independent power producer
• Electricity production

Headquarters

HQ city

Paris

HQ country

France

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Personnel, Technology or R&D

Revenue model

1. Renewable Energy Asset Development and Operations: Virya Energy develops, finances, constructs, and operates sustainable energy assets (wind, solar, hydrogen). Revenue is generated from the ownership and operation of renewable energy installations, selling generated energy to offtakers under long-term contracts or on merchant basis.
2. Energy Supply (DATS 24): Through the DATS 24 brand, Virya Energy provides a network of fueling stations, green energy contracts for homes, and EV charging parks. Revenue is generated from energy sales and fueling station operations.
3. Infrastructure Monitoring Services: Service companies provide comprehensive energy infrastructure monitoring to third-party asset owners, generating service fees.
4. B2B Sustainable Energy Solutions: Tailor-made, fit-for-purpose B2B sustainable energy solutions guiding corporate clients through energy transition with behind-the-meter integration.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Eurowatt is an independent producer of electricity generated from renewable energy sources. The company was founded in 1994, is headquartered in Paris, France, and operates as a private for-profit business with 11-50 employees focused on clean electricity generation.

Differentiator

Problem solved

Functional benefit

Brands

• DATS 24: A network of fueling stations, green energy contracts for homes, and EV charging parks ensuring clean energy accessibility.

Products and services

• Renewable Electricity Generation Independent production of electricity from renewable energy sources, sold as generated power to electricity offtakers and grid operators.

Quantifiable outcome

• 625 MW installed production capacity
• +3 more outcomes

Named customers26 records

Segments6 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core and minor.

• BayWa r.e.coreStrategic or Co-development Partner · 12 December 2025Virya Energy acquired BayWa r.e.'s Japan solar platform and operational team, marking formal entry into Japan's renewable power generation sector. This acquisition provides Virya with an existing platform, operational team, and market presence in Japan, advancing their long-term commitment to Japan's renewable sector.
• Cluster TweedminorStrategic or Co-development PartnerCollaboration with Cluster Tweed and Colruyt Group to showcase and scale green hydrogen for heavy-duty transport at Spa Francorchamps. Demonstrates hydrogen mobility applications and collaboration across the hydrogen value chain in Belgium.
• Colruyt GroupminorStrategic or Co-development PartnerPartnership with Colruyt Group and Cluster Tweed to unveil concrete steps to scale green hydrogen for heavy-duty transport, showcasing real-world applications and collaboration across the hydrogen value chain.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Voltalia: French independent renewable energy producer (wind, solar, biomass, hydro) listed on Euronext, very comparable to Eurowatt as a multi-technology renewable IPP headquartered in France serving European markets.
• Encavis AG: European independent renewable energy operator of wind and solar parks (formerly Capital Stage), listed in Frankfurt — directly comparable mid-cap European renewable IPP model.
• Energiekontor: German independent developer and operator of onshore wind and solar PV parks, listed on Frankfurt — closely comparable European renewable IPP with mixed development and asset ownership profile.
• Albioma: French independent renewable energy IPP (biomass, solar, wind) serving European and overseas markets; directly comparable independent French listed renewable producer with similar ownership model.
• Innergex Renewable Energy: Canadian independent renewable energy producer (hydro, wind, solar, storage) listed in Toronto with European operations — comparable IPP operating model spanning mature and developing renewable markets.
• ABO Wind AG: German independent renewable energy project developer and operator (wind, biomass, solar, storage) — closely comparable renewable IPP/developer model serving European markets.

Broad incumbents

• Statkraft: Norwegian state-owned hydropower-led renewable energy IPP with growing wind and solar operations across Europe — broader incumbent player operating renewable generation in the same European geographies.
• EDP Renováveis: One of the world's largest wind and solar IPPs, subsidiary of EDP (Portugal/Spain) — broader incumbent operating utility-scale renewables across Europe and globally with a similar wind-led European portfolio.
• EDF Renewables: French subsidiary of EDF dedicated to renewable energy development and operation across wind, solar, and storage — French national champion serving the same European markets as Eurowatt, but with substantially greater scale and balance sheet.

Others

• BayWa r.e. German global renewable energy developer, EPC, and operations provider that sold its Japan solar platform to the related Virya Energy group in December 2025 — adjacent ecosystem participant and recent transacting counterparty rather than direct competitor.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Eurowatt