SolarGrid
SolarGrid is a Brazilian distributed solar generation operator running 65+ solar farms across six states. It supplies energy credits to 7,500+ residential and enterprise customers through subscription agreements, delivering up to 28% electricity bill savings without upfront investment or installation.
- Company typePrivate
- Founded2014
- HeadquartersRio De Janeiro, Brazil
- Headcount51–100
- GTM typeB2B
- OfferingServices
What SolarGrid does
SolarGrid Energia Solar Comercio e Servicos Ltda ("SolarGrid") is a Brazilian distributed solar generation company headquartered in Rio de Janeiro that, since its founding in 2014, has built and operated 65+ centralized solar farms across Bahia, Goiás, Minas Gerais, Rio de Janeiro, Rio Grande do Sul, and São Paulo. Rather than installing rooftop panels on customer properties, SolarGrid applies Brazil's "geração distribuída" regulatory framework to credit subscribers with energy generated from its fleet, advertising up to 28% savings on residential electricity bills and up to 95% savings on industrial bills, with the customer paying only a digital adhesion and no upfront investment, construction, or equipment installation on their premises.
The company serves more than 7,500 customers across residential, industrial, agribusiness, condominium, and fitness-sector segments. Customer onboarding is fully digital through solargrid.com.br; after a 60-90 day distributor registration period, energy credits appear on the customer's utility bill and the customer pays two bills (distributor plus SolarGrid) whose combined total is below the original utility bill. To date the fleet has generated over 315 million kWh and abated 188,000+ tonnes of CO2; the company's in-house team of 500+ operations professionals has constructed over 1 GWp of capacity and delivers 150-200 MWp annually.
SolarGrid operates a multi-channel go-to-market combining direct-to-consumer digital acquisition, enterprise direct sales (telecom operators Vivo, TIM, and Claro; fitness chain SmartFit; retailer Grupo DSP), a referral partner network that includes Carrefour, Atacadão, Sams Club, and benefit platform TotalPass, and trade-association routes (Abrasel, CDL Gramado, CDL Feira Santana). Revenue is generated via subscription-based energy credit distribution and partner referral commissions. The company has deployed R$700M+ into solar infrastructure, completed a R$319M capital markets raise in 2022, holds Green Bond certification from the Climate Bond Initiative, and carries Bureau Veritas project efficiency recognition.
SolarGrid firmographics
Firmographics- Name
- SolarGrid
- Legal name
- SOLARGRID ENERGIA SOLAR COMERCIO E SERVICOS LTDA
- Website
- https://solargrid.com.br
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- SolarGrid is a Brazilian distributed solar generation operator running 65+ solar farms across six states. It supplies energy credits to 7,500+ residential and enterprise customers through subscription agreements, delivering up to 28% electricity bill savings without upfront investment or installation.
- Ownership category
- akta.pro rank
SolarGrid industry classification
Industry- Product category
- Distributed Solar Energy Services
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Electric Services (4911), Cogeneration Services & Small Power Producers (4991)
- akta.pro primary industry
- Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro) (EUACALAJ)
- akta.pro secondary industries
- Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System) (EUAMABAB), Solar Financing, Leasing & Ownership Platforms (Tax Equity, PPA, Securitization) (EUAMABAJ)
Keywords
Where SolarGrid is headquartered
LocationHeadquarters
- HQ city
- Rio De Janeiro
- HQ country
- Brazil
- HQ region
- Latin America
Offices6 records
Markets served
SolarGrid business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Operations, Infrastructure, Technology or R&D, Personnel, Marketing or Sales, Supply Chain
Revenue model
- Energy credit distribution: SolarGrid generates energy through its solar farms and distributes credits to customers who pay less than their traditional utility rate. Customers receive two bills (distributor plus SolarGrid) but the combined total is lower than their previous single bill.
- Partner referral commissions: Partners earn commissions for each customer who signs a contract with SolarGrid through referral.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | Up to 28% discount on monthly energy bill |
Go-to-market motion2 records
Distribution channels4 records
Marketing channels4 records
SolarGrid product offering
Product offeringCore offering
SolarGrid operates 65+ company-owned solar farms in six Brazilian states and distributes the generated energy as bill credits to residential and business customers under Brazil's distributed generation (geração distribuída) regulatory framework. Customers complete a 100% digital adhesion with no upfront investment, no construction, and no equipment installation on their property, and receive utility-bill savings of up to 28% (residential) and up to 95% (industrial) on energy credits that are applied to their distributor-issued bill. SolarGrid manages all registration with the local distributor and operates across multiple customer verticals including residential, industrial, agribusiness, commercial condominiums, and gym/fitness chains.
Product overview
SolarGrid operates as a single unified service offering solar energy generation under Brazil's distributed generation (geração distribuída) regulatory framework. Their core product is the SolarGrid Energia Solar service, which connects customers to the company's network of 65+ solar farms across Brazil. Customers sign a digital adhesion agreement, and energy credits generated from SolarGrid's solar installations are applied to their utility bills. The service requires no upfront investment, no construction on the customer's property, and no equipment installation—the company handles all infrastructure. Solar farms are located in Bahia, Goiás, Minas Gerais, Rio de Janeiro, Rio Grande do Sul, and São Paulo. The company also operates a partnership program allowing businesses to refer customers and earn commissions.
Differentiator
Problem solved
Functional benefit
Products and services
- SolarGrid Energia Solar Subscription-based distributed solar energy service operating under Brazil's distributed generation (geração distribuída) regulatory framework. SolarGrid owns and operates 65+ solar farms in Bahia, Goiás, Minas Gerais, Rio de Janeiro, Rio Grande do Sul, and São Paulo. Customers complete 100% digital adhesion with no upfront investment, no installation, and no construction on their property; energy credits generated from SolarGrid's solar farms are applied to the customer's distributor utility bill within 60–90 days of adhesion validation, producing up to 28% savings on the monthly electricity bill for residential customers (and up to 95% for industrial customers). SolarGrid handles all registration with the local distributor and continuously monitors the customer's energy bill. Customers pay two invoices — the distributor and SolarGrid — with the combined amount always lower than the previous single bill. Cancellation requires only a 90-day notice, with no fidelity, adhesion fee, or minimum term.
Quantifiable outcome
- Up to 28% reduction in monthly electricity bills for residential and business customers
- +3 more outcomes
Companies that use SolarGrid
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
SolarGrid technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature2 records
SolarGrid partnerships and signals
Strategic signalPartnerships
14 partnerships are on record, tiered core and minor.
- CarrefourcoreRetail partner offering SolarGrid solar energy solutions to customers through Carrefour stores and channels.
- AtacadãocoreWholesale retailer partner distributing SolarGrid solar energy services to commercial and individual customers.
- Sams ClubcoreWarehouse club partner offering SolarGrid energy solutions to member businesses.
- TotalPasscoreFitness benefits provider that partnered with SolarGrid to offer 10% electricity bill reduction to partner gyms through solar energy credits.
- SmartFitcoreMajor fitness chain and TotalPass parent company; receives solar energy services and provides testimonials for SolarGrid's service quality.
- CWRminorPartner company in SolarGrid's distribution network.
- SHRminorPartner company in SolarGrid's distribution network.
- AbraselminorTrade association for bars and restaurants partnered to offer solar energy to members.
- CDL GramadominorLocal commerce league partnership to promote solar energy to member businesses in Gramado region.
- CDL Feira SantanaminorLocal commerce league partnership to promote solar energy to member businesses in Feira de Santana.
- Ilumine EmprendimentosminorReal estate development partner promoting solar energy solutions to property buyers.
- LopesminorReal estate broker partner offering solar energy solutions to clients.
- Brasil VinhosminorWine business partner promoting solar energy solutions.
- CorocabaminorRegional partner promoting solar energy solutions.
Scale indicators9 records
Recent moves7 records
Expansion highlights6 records
SolarGrid competitors and assessment
Company assessmentEmerging players
- Solfácil: Brazilian solar fintech/distributor that finances rooftop solar installations. Adjacent rather than directly competing, as Solfácil enables customer-owned rooftop solar while SolarGrid offers shared solar farm subscriptions.
Broad incumbents
- Comerc Energia: Large Brazilian energy solutions provider offering distributed generation, energy trading, and management services to commercial and industrial clients. Broad incumbent with overlapping distributed solar offering.
- Sunrun: Largest US residential solar subscription and leasing company. Comparable business model—solar-as-a-service with subscription pricing and no upfront cost—though operating under US regulatory frameworks.
- Enel Brasil (Enel Green Power): Major Brazilian utility and renewables developer with significant solar and wind generation assets. Incumbent with deep balance sheet, distribution arm, and emerging distributed generation offerings.
- Statkraft Brasil: Norwegian state-owned renewable energy company with significant Brazilian solar and wind generation assets. Incumbent in Brazilian renewable generation competing indirectly via PPA market and DG activities.
Direct peers
- Engelmig Energia Solar: Brazilian distributed solar generation provider with solar farms across multiple states, supplying energy credits to subscribers under the same regulatory model as SolarGrid.
- 2W Energia: Brazilian distributed solar generation company that owns and operates solar farms and sells energy credits to commercial and industrial customers, overlapping with SolarGrid's enterprise GTM.
- Aurora Energia: Brazilian distributed solar energy company providing solar energy subscriptions to SMEs and residential customers through owned solar farms under the GD framework.
- Sunne: Brazilian solar-as-a-service company offering distributed solar energy subscriptions to households and businesses without rooftop installation. Operates under the same geração distribuída regulatory framework with a digital adhesion model.
- Órigo Energia: Brazilian distributed generation solar company operating solar farms and providing energy credits to residential and commercial customers. Closest direct competitor with similar zero-investment model and multi-state Brazilian footprint.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SolarGrid social profiles
Digital presenceSolarGrid compliance and trust
Trust signalCompliance2 records
SolarGrid financial estimates
Financial estimateRevenue estimate
Valuation estimate
SolarGrid leadership team
Management profileNumber of profiles
Profiles1 record
SolarGrid funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SolarGrid 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 SolarGrid
What does SolarGrid do?
SolarGrid operates 65+ company-owned solar farms in six Brazilian states and distributes the generated energy as bill credits to residential and business customers under Brazil's distributed generation (geração distribuída) regulatory framework. Customers complete a 100% digital adhesion with no upfront investment, no construction, and no equipment installation on their property, and receive utility-bill savings of up to 28% (residential) and up to 95% (industrial) on energy credits that are applied to their distributor-issued bill. SolarGrid manages all registration with the local distributor and operates across multiple customer verticals including residential, industrial, agribusiness, commercial condominiums, and gym/fitness chains.
Is SolarGrid a public or private company?
SolarGrid is a private company. It is classified as venture growth investor backed and is currently operating.
When was SolarGrid founded?
SolarGrid was founded in 2014. It employs 51 to 100 people.
Where is SolarGrid based?
SolarGrid is headquartered in Rio De Janeiro, Brazil, in the Latin America region.
How does SolarGrid make money?
Two revenue lines are on record. Energy credit distribution is the primary driver. The others are partner referral commissions.
Who are SolarGrid's main competitors?
Solfácil is listed as an emerging player. Broad incumbents are Comerc Energia, Sunrun, Enel Brasil (Enel Green Power) and Statkraft Brasil. Direct peers are Engelmig Energia Solar, 2W Energia, Aurora Energia, Sunne and Órigo Energia.
Does SolarGrid have an API?
No public API is recorded for SolarGrid.
What industry is SolarGrid in?
SolarGrid's product category is Distributed Solar Energy Services. Its primary akta.pro industry code is EUACALAJ, Renewable Distributed Generation (Rooftop/Onsite Solar, Small Wind, Small Hydro), with a secondary code of EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System). Its NAICS code is 221114 and its SIC code is 4911.