Univergy Solar
- Company typePrivate
- Founded2012
- HeadquartersMadrid, Spain
- Headcount101–250
- GTM typeB2B
- OfferingServices
Univergy Solar firmographics
Firmographics- Name
- Univergy Solar
- Legal name
- UNIVERGY INTERNATIONAL S.L.
- Website
- https://univergysolar.com
- Company type
- Private
- Founded year
- 2012
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Ownership category
- akta.pro rank
Univergy Solar industry classification
Industry- Product category
- Renewable Energy Project Development
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation (22111), Wind Electric Power Generation (221115)
- SIC
- Electric Services (4911)
- akta.pro primary industry
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB)
- akta.pro secondary industries
- Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ), Solar Design, Engineering & Performance Software (PV Modeling, Digital Twins, Monitoring) (EUAMABAH)
Keywords
Where Univergy Solar is headquartered
LocationHeadquarters
- HQ city
- Madrid
- HQ country
- Spain
- HQ region
- Europe
Offices16 records
Markets served
Univergy Solar business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D, Marketing or Sales
Revenue model
- Renewable Energy Project Development: Full-cycle project development from opportunity identification to ready-to-build phase for solar, wind, hydrogen, and battery storage projects. Revenue generated through project development fees and eventual sale or retained ownership of developed projects.
- EPC Construction Services: Engineering, Procurement, and Construction services for renewable energy plants. Company acts as main contractor or subcontractor with maximum flexibility. More than 400 MW built to date with 330 MW under construction and 280 MW delivered.
- Operation and Maintenance (O&M): Comprehensive O&M services for renewable energy assets including preventive, predictive, and corrective maintenance. Services backed by 24/7 monitoring center and customized based on geographic, technical, economic and regulatory characteristics.
- Joint Venture Holdings: Strategic stakes in joint ventures including Hinode Energy (50-50 with Macquarie in Japan), Nara Solar (50% sold to Cero Generation), and GreenVolt Next España, generating returns through partnership structures.
Go-to-market motion3 records
Distribution channels5 records
Marketing channels8 records
Univergy Solar product offering
Product offeringCore offering
Univergy Solar is a renewable energy project developer that performs the full lifecycle of utility-scale solar, wind, green hydrogen, and battery storage projects, from opportunity identification, land selection, permitting, and engineering through EPC construction and ongoing operation and maintenance. The company also develops commercial and industrial solar self-consumption solutions through its GreenVolt Next España joint venture and co-invests in pipeline assets alongside financial partners such as Macquarie Group.
Product overview
Univergy Solar is a renewable energy development company specializing in the complete project lifecycle for solar, wind, green hydrogen, and battery storage technologies. The company operates as an integrated platform offering development services (site selection, feasibility, permitting, engineering), EPC construction services for turnkey plant delivery, and ongoing operation and maintenance with 24/7 monitoring. The core offering consists of seven interconnected service lines: Solar Energy Development, Wind Energy Development, Green Hydrogen Solutions, Battery Storage Systems (BESS), EPC Construction, Operation and Maintenance (O&M), and Engineering and Environment Services. Projects span multiple geographies including Spain, Japan, Philippines, Taiwan, and the Netherlands, with pipeline capacity measured in gigawatts across these renewable energy vectors.
Differentiator
Problem solved
Functional benefit
Products and services
- Solar Energy Development Development of utility-scale photovoltaic solar energy projects covering all stages from opportunity identification to ready-to-build phase, including land selection, feasibility studies, permitting, engineering, equipment acquisition, and power purchase agreement contracting, targeted at utilities, energy companies, and industrial clients.
- Wind Energy Development Development of onshore and offshore wind energy projects that convert kinetic wind energy into electricity through aerogenerators, targeted at utilities, energy companies, and large industrial clients seeking renewable energy portfolios.
- Green Hydrogen Solutions Production of green hydrogen using water electrolysis powered by renewable electricity, enabling electrification of transport and sustainable mobility and substituting fossil fuels, targeted at industrial and mobility clients.
- Battery Storage Systems (BESS) Stand-alone battery energy storage systems connected directly to transmission or distribution grids, utilizing LFP (lithium-ferrophosphate) technology to support renewable energy integration and grid stability, targeted at utilities and grid operators.
- EPC Construction Services Engineering, procurement, and construction services for renewable energy plants including ground, rooftop, canopy, and floating solar installations, providing turnkey solutions from design through commissioning as main contractor or subcontractor.
- Operation and Maintenance (O&M) Comprehensive operation and maintenance services for renewable energy assets including 24/7 monitoring from control centers, predictive and preventive maintenance, spare parts management, and performance optimization to maximize plant productivity and extend asset lifespan.
- Engineering and Environment Services Environmental studies, engineering design, permitting, and regulatory compliance services covering all phases of solar and battery storage project development from initial feasibility through construction, targeted at project developers and asset owners.
Quantifiable outcome
- Over 95% of projects reach construction phase after land and interconnection secured
- +4 more outcomes
Companies that use Univergy Solar
Customer profileNamed customers11 records
Segments4 records
Ideal customer profiles3 records
Univergy Solar technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
Univergy Solar partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered major, core and minor.
- Greenvolt GroupmajorAgreement with Portuguese multinational renewable energy group to launch GreenVolt Next España, company specialized in solar self-consumption for commercial and industrial sector in Spain.
- Hinode Energycore50-50 joint venture with Macquarie Group specializing in large-scale solar energy projects based in Tokyo, Japan. Represents 427.11 MW of total pipeline capacity. Key partnership for Asia-Pacific expansion and Japanese market presence.
- Nara SolarcoreStrategic partnership with Macquarie for development of solar projects in Spain, France, and Netherlands. Univergy sold 50% stake to Cero Generation in 2023, strengthening group's financial structure while continuing strategic plan implementation.
- Kolya EnergymajorPartnership for renewable energy project development in USA (940 MW) and Mexico (162.5 MW). Total of 1,102 MW of pipeline capacity through Kolya partnerships in the Americas.
- CubeminorPartnership contributing 374.22 MW to total pipeline through collaborative project development arrangements.
Scale indicators7 records
Recent moves8 records
Expansion highlights6 records
Univergy Solar competitors and assessment
Company assessmentDirect peers
- Greenvolt: Portuguese multinational renewable energy developer and operator. Direct peer to Univergy with overlapping solar, wind, and biomass project activities across Iberia; the two companies are also joint venture partners in GreenVolt Next España.
- Cero Generation: European solar energy developer focused on utility-scale projects in Spain, France, and Netherlands. Cero acquired 50% of Nara Solar from Univergy in 2023, making it a direct competitor in the same geographies and a former JV partner.
- Solarpack (ES): Spanish solar developer that developed utility-scale PV projects across Iberia, LATAM, and APAC before being acquired by Eni. Comparable to Univergy in target markets, project size, and EPC-plus-development hybrid model.
- Solaria Energía y Medio Ambiente: Madrid-based solar PV developer and IPP with projects across Spain, Italy, and LATAM. Direct peer in Iberian solar development, with comparable focus on utility-scale generation and corporate PPA customers.
- Audax Renovables: Spanish renewable energy developer and energy retailer with operations across Iberia and Europe. Comparable to Univergy in target markets (Spain, Italy, Poland) and customer segments (industrial and commercial self-consumption).
- BayWa r.e. Global renewable energy developer with project development, EPC, and O&M services across solar, wind, and storage. Comparable to Univergy's integrated value chain and global geographic footprint spanning Europe, Asia-Pacific, and Americas.
Broad incumbents
- Lightsource bp: Global utility-scale solar developer and IPP backed by BP. Comparable to Univergy in solar project development focus and global footprint, but operates at much larger scale with deep corporate backing.
- Acciona Energía: Major Spanish renewable energy IPP with wind, solar, and storage assets globally. Comparable to Univergy in core technologies (solar, wind, BESS) and Iberian headquarters, but operates a much larger utility-scale portfolio.
- Enel Green Power: Global renewable energy developer owned by Enel Group. Comparable to Univergy in technology mix (solar, wind, storage, hydrogen) and global footprint, but operates at vastly larger scale with integrated utility ownership.
- Iberdrola Renovables: Spanish-headquartered global renewable energy developer with projects in solar, wind, and hydrogen. Comparable to Univergy in Iberian base and technology portfolio, but operates a much larger installed capacity and project pipeline.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Univergy Solar social profiles
Digital presenceUnivergy Solar compliance and trust
Trust signalCompliance4 records
Univergy Solar financial estimates
Financial estimateRevenue estimate
Valuation estimate
Univergy Solar leadership team
Management profileNumber of profiles
Profiles4 records
Univergy Solar subsidiaries and ownership
Company hierarchySubsidiaries4 records
Univergy Solar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Univergy 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 Univergy Solar
What does Univergy Solar do?
Univergy Solar is a renewable energy project developer that performs the full lifecycle of utility-scale solar, wind, green hydrogen, and battery storage projects, from opportunity identification, land selection, permitting, and engineering through EPC construction and ongoing operation and maintenance. The company also develops commercial and industrial solar self-consumption solutions through its GreenVolt Next España joint venture and co-invests in pipeline assets alongside financial partners such as Macquarie Group.
Is Univergy Solar a public or private company?
Univergy Solar is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Univergy Solar founded?
Univergy Solar was founded in 2012. It employs 101 to 250 people.
Where is Univergy Solar based?
Univergy Solar is headquartered in Madrid, Spain, in the Europe region.
How does Univergy Solar make money?
Four revenue lines are on record. Renewable Energy Project Development is the primary driver. The others are EPC Construction Services, operation and Maintenance (O&M) and joint Venture Holdings.
Who are Univergy Solar's main competitors?
Direct peers on record are Greenvolt, Cero Generation, Solarpack (ES), Solaria Energía y Medio Ambiente, Audax Renovables and BayWa r.e.. Broad incumbents are Lightsource bp, Acciona Energía, Enel Green Power and Iberdrola Renovables.
Does Univergy Solar have an API?
No public API is recorded for Univergy Solar.
What industry is Univergy Solar in?
Univergy Solar's product category is Renewable Energy Project Development. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUAMABAJ, Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization). Its NAICS code is 221114 and its SIC code is 4911.