Exergie
Lagos-based solar energy systems integrator founded in 2020 that delivers Tier-1 solar PV, lithium-ion battery storage, and IoT-monitored power solutions to residential, commercial/industrial, and rural community customers across Nigeria and Sierra Leone through direct sales and bank-financed installments.
- Company typePrivate
- Founded2020
- HeadquartersAmuwo, Nigeria
- Headcount11–50
- GTM typeB2B and B2C
- OfferingHardware or Manufacturing
What Exergie does
Exergie is a Lagos-based solar energy systems integrator and installer founded in 2020 under the holding entity Exergie Innovations Group. The company designs, sells, and deploys Tier-1 off-grid and hybrid solar photovoltaic systems combined with lithium-ion battery storage (2kWh-500kWh capacity, 5,000+ cycle lifespan), and layers an IoT-enabled energy monitoring and management platform on top for real-time telemetry, predictive maintenance, load balancing, and demand response. Its product portfolio also extends into solar carports with EV charging stations, solar water pumping systems, solar thermal water and space heating, and IoT-monitored exterior and rural street lighting, spanning residential, commercial/industrial, and community electrification use cases across Nigeria and Sierra Leone.
Exergie firmographics
Firmographics- Name
- Exergie
- Legal name
- Exergie
- Website
- https://exergiegroup.com
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Lagos-based solar energy systems integrator founded in 2020 that delivers Tier-1 solar PV, lithium-ion battery storage, and IoT-monitored power solutions to residential, commercial/industrial, and rural community customers across Nigeria and Sierra Leone through direct sales and bank-financed installments.
- Ownership category
- akta.pro rank
Exergie industry classification
Industry- Product category
- Solar Energy Systems
- NAICS
- Solar Electric Power Generation (221114), Electric Power Generation, Transmission and Distribution (2211)
- SIC
- Cogeneration Services & Small Power Producers (4991)
- 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), Electrical Balance-of-Plant EPC (MV Collection, Cabling, Earthing, Lighting) (EUAEADAB), Hybrid Renewable + Storage Plant Integration (Solar+Storage, Wind+Storage) (EUAEAEAE), Substation & Interconnection EPC (Collector/POI Substations, Switchyards) (EUAEADAC), Commissioning, Testing & Energization Services (Pre-Commissioning, Grid Code Compliance) (EUAMAFAK)
Keywords
Where Exergie is headquartered
LocationHeadquarters
- HQ city
- Amuwo
- HQ country
- Nigeria
- HQ region
- Africa
Offices1 record
Markets served
Exergie business model
Business model- GTM type
- B2B and B2C
- Offering type
- Hardware or Manufacturing
- Cost components
- Supply Chain, Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Solar System Hardware Sales: One-time sale of complete solar power systems including solar panels, inverters, batteries, and mounting equipment. Systems range from residential 3.5kVA setups to commercial 500kWp installations. Revenue recognized at point of installation with optional bank financing through partner institutions.
- Installation and Deployment Services: Professional installation, system testing, and commissioning services included as part of the solar system purchase. Deployment includes energy audit, solution design, and seamless installation of Tier-1 solar equipment.
- ExergieCare Maintenance Services: Post-installation maintenance contracts including ExergieCare+ (2-year coverage with accidental damage protection) and ExergieCare Premium (3-year extended coverage with priority support and same-day service). Monthly fixed fee option for power service from hydrogen infrastructure mentioned.
- Clean Energy Consultancy: Expert advisory services for businesses and individuals including energy planning, feasibility studies, implementation support, training, and sustainability consulting.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | Pay-as-you-go | Outright Purchase - One-time full payment for immediate ownership |
| Subscription | Monthly | Bank Financing - Installment payments through partner banks |
| Subscription | Multi-year contract | ExergieCare+ - 2-year comprehensive maintenance coverage |
| Subscription | Multi-year contract | ExergieCare Premium - 3-year extended premium coverage |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels5 records
Exergie product offering
Product offeringCore offering
Exergie delivers Tier-1 solar photovoltaic systems, lithium-ion energy storage, solar carports with EV charging, IoT-enabled energy monitoring, solar water pumping, exterior/rural lighting, and solar thermal solutions for residential, commercial, and community customers in Nigeria and Sierra Leone. The company handles the full deployment lifecycle — energy audit, solution design, installation, and post-installation maintenance via its ExergieCare service tiers — and offers bank-backed installment financing through Fidelity Bank and Access Bank.
Product overview
Exergie offers a portfolio of eight interconnected core solar energy products and four service/add-on modules. The core products span the solar energy value chain: Solar Photovoltaic Systems serve as the primary generation layer, supported by Energy Storage Systems for battery backup and round-the-clock power delivery. Solar Carports and EV Charging Stations address commercial transportation energy needs, while Energy Monitoring and Management Systems provide IoT-based optimization and predictive maintenance across all installations. Exergie further addresses specialized verticals — Solar Water Pumping Systems for agriculture, Exterior and Rural Lighting Projects for community infrastructure, and Solar Thermal Systems for water and space heating. Clean Energy Consultancy and Design acts as a前置 advisory layer helping clients plan and implement tailored solutions. On top of the core product line, Exergie layers three maintenance tiers (ExergieCare free for year one, ExergieCare+, and ExergieCare Premium) and a bank financing product (Exergie Empower Financing Plan with Fidelity Bank and Access Bank) to lower upfront cost barriers.
Differentiator
Problem solved
Functional benefit
Brands
- ExergieCare: Post-installation maintenance and support service including routine maintenance, performance monitoring, priority support, battery service coverage, and accidental damage protection.
- ExergieCare+
- ExergieCare Premium
- Exergie Empower Financing Plan
- Exergie Industries
Products and services
- Solar Photovoltaic Systems
Quantifiable outcome
- 85% reduction in energy costs annually
- +6 more outcomes
Companies that use Exergie
Customer profileNamed customers7 records
Segments3 records
Ideal customer profiles3 records
Exergie technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
Exergie partnerships and signals
Strategic signalScale indicators17 records
Recent moves7 records
Expansion highlights6 records
Exergie competitors and assessment
Company assessmentDirect peers
- Lumos (by TotalEnergies): Nigeria-based pay-as-you-go solar home system provider backed by TotalEnergies. Directly comparable PAYG residential solar model in the same Nigerian market, with stronger institutional backing.
- BBOXX: UK-headquartered solar energy provider with operations across Africa delivering PAYG solar home systems and battery solutions. Comparable financing-led distributed solar model targeting off-grid and underserved customers.
- Arnergy Solar: Nigeria-focused distributed solar and storage provider serving residential, commercial, and industrial customers with lithium-ion BESS and IoT monitoring. Direct competitor in the same Lagos-based solar EPC market with overlapping Tier-1 equipment and PAYG financing approach.
- Sun King (formerly Greenlight Planet): Pay-as-you-go solar energy company distributing affordable solar home systems across Africa and Asia. Comparable in PAYG financing structure and residential off-grid customer focus in emerging markets.
- d.light: Global pay-as-you-go solar company serving off-grid households and small businesses across Africa and Asia. Comparable in PAYG financing model and West African residential target market, though d.light is much larger and focused on lower-tier pico-solar products.
- Rensource Energy: Nigerian solar energy provider focused on commercial and industrial customers, offering distributed generation, energy storage, and solar-as-a-service. Targets the same FMCG, manufacturing, and enterprise customers Exergie serves in Lagos.
- Solar Africa: Pan-African distributed solar and energy services company offering residential, commercial, and industrial solar PV with battery storage. Operates in multiple African markets including West Africa with comparable rooftop and off-grid solar offerings to Exergie.
- M-KOPA: Leading African PAYG solar provider using mobile-money financing to deliver solar home systems to off-grid customers. Operates across East and West Africa with comparable installment-based solar financing approach, though with broader geographic scale.
Emerging players
- Fenix International (ENGIE Energy Access): PAYG solar provider operating across Uganda, Nigeria, and other African markets under ENGIE ownership. Comparable PAYG residential solar model, with ENGIE's institutional backing providing scale advantages in the Nigerian market.
- Zola Electric: Off-grid solar and storage provider with operations in several African markets. Comparable technology stack (solar + lithium-ion BESS + IoT monitoring) but focused on larger commercial and mini-grid deployments rather than residential rooftop.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Exergie social profiles
Digital presenceExergie financial estimates
Financial estimateRevenue estimate
Valuation estimate
Exergie leadership team
Management profileNumber of profiles
Profiles6 records
Exergie subsidiaries and ownership
Company hierarchySubsidiaries1 record
Exergie funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Exergie 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 Exergie
What does Exergie do?
Exergie delivers Tier-1 solar photovoltaic systems, lithium-ion energy storage, solar carports with EV charging, IoT-enabled energy monitoring, solar water pumping, exterior/rural lighting, and solar thermal solutions for residential, commercial, and community customers in Nigeria and Sierra Leone. The company handles the full deployment lifecycle — energy audit, solution design, installation, and post-installation maintenance via its ExergieCare service tiers — and offers bank-backed installment financing through Fidelity Bank and Access Bank.
Is Exergie a public or private company?
Exergie is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Exergie founded?
Exergie was founded in 2020. It employs 11 to 50 people.
Where is Exergie based?
Exergie is headquartered in Amuwo, Nigeria, in the Africa region.
How does Exergie make money?
Four revenue lines are on record. Solar System Hardware Sales are the primary driver. The others are installation and Deployment Services, exergieCare Maintenance Services and clean Energy Consultancy.
Who are Exergie's main competitors?
Direct peers on record are Lumos (by TotalEnergies), BBOXX, Arnergy Solar, Sun King (formerly Greenlight Planet), d.light, Rensource Energy, Solar Africa and M-KOPA. Emerging players are Fenix International (ENGIE Energy Access) and Zola Electric.
Does Exergie have an API?
No public API is recorded for Exergie.
What industry is Exergie in?
Exergie's product category is Solar Energy Systems. Its primary akta.pro industry code is EUAMABAB, Solar EPC & Construction (Utility-Scale, Rooftop, Balance of System), with a secondary code of EUACAGAB, Utility-Scale PV EPC (Engineering, Procurement & Construction). Its NAICS code is 221114 and its SIC code is 4991.