What Greenvolt Next Greece does

Greenvolt Next Greece S.A. (ΑΦΜ 802066521) is the Greek operating subsidiary of Greenvolt Next, the distributed generation (DG) segment of publicly-listed Greenvolt Group (Euronext Lisbon: GVOL). Greenvolt Next is a B2B renewable energy solutions provider that designs, finances, installs, and operates photovoltaic solar systems for corporate and industrial clients across 12 European markets plus Indonesia, with Greece headquartered in Pallini (Athens metropolitan area). The company delivers turnkey solar installations in rooftop, ground-mounted, carport, nearsite, and vertical configurations, and complements its core solar offering with battery storage, energy-sharing/community energy frameworks (Renewable Energy Communities / CER), EV charging, LED lighting retrofits, and industrial asbestos removal services that prepare rooftops for solar deployment.

The business is built around two commercial models. The dominant model is a Power Purchase Agreement (PPA) — typically 12–20 years — under which Greenvolt Next retains system ownership, finances the capex, and sells electricity to the client at 30–70% below grid rates. A secondary model is direct system sale with full EPC delivery plus ongoing O&M services. Customers are predominantly enterprise and industrial off-takers (heavy industry, consumer goods manufacturing, retail, healthcare/pharma, agroindustry, infrastructure such as airports, and educational institutions). Greek-specific disclosed engagements include The American College of Greece (541 kWp, 813.6 MWh/yr), Hellas Frost (400 kWp, 430 tCO₂ avoided), and Amiridis Savvidis (99.9 kWp).

Across the broader Greenvolt Next platform, the group reports 3,500+ projects developed, 1+ GWp of signed capacity, and 405+ MWp installed as of March 2026, with named enterprise customers including Eli Lilly, Astellas, Dublin Airport, Cork Airport, Tesco Ireland, Flora Food Group, Cimbali Group, Amazon Logistics, and Casa Relvas. Go-to-market combines direct enterprise field sales, regional country offices (nine across Europe), an inside-sales function for inbound inquiries, and a network of certified installer/EPC channel partners.

Name

Greenvolt Next Greece

Legal name

Greenvolt Next Greece S.A.

Website

https://next.greenvolt.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

251–500 employees

Short description

Greenvolt Next Greece is the Greek subsidiary of Greenvolt Group's distributed-generation segment, delivering B2B solar PV installations, storage, energy-sharing, and EV/LED solutions to corporate and industrial clients via PPA and direct-sale models.

Ownership category

akta.pro rank

Product category

Distributed Solar Energy Services

NAICS

Solar Electric Power Generation (221114)

SIC

Finance Lessors (6172)

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 Mounting, Racking & Trackers (Fixed-Tilt, Single/Dual-Axis, Rooftop Mounts) (EUAMABAF)

Keywords

• Distributed solar generation
• Commercial photovoltaic installations
• Power purchase agreements
• Solar battery storage
• Renewable energy communities

Headquarters

HQ city

Lisboa

HQ country

Portugal

HQ region

Europe

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Supply Chain, Personnel, Operations, Technology or R&D, Marketing or Sales

Revenue model

1. Power Purchase Agreement (PPA): Long-term electricity supply contracts (12-20 years) at stable competitive prices. Greenvolt Next retains ownership of the system and receives payment for energy consumed by clients at rates typically 30-70% below market electricity prices.
2. Direct System Sales: Sale of complete solar installation systems to clients who choose to invest upfront. Includes full design, procurement, installation and maintenance services.
3. Operations and Maintenance Services: Ongoing O&M services keeping solar systems at peak performance, maximizing production efficiency and ROI throughout system lifetime.
4. LED Lighting Solutions: LED lighting installation and upgrade services delivering up to 85% reduction in lighting costs for commercial and industrial clients.
5. Asbestos Removal Services: Industrial asbestos removal paired with new roofing solutions, often combined with subsequent solar installation projects.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

Greenvolt Next Greece designs, finances, installs, and maintains distributed solar PV systems and complementary energy solutions (battery storage, energy sharing, EV charging, LED lighting, asbestos removal) for corporate and industrial clients. The company sells projects either as direct upfront system purchases or, more typically, via 12–20 year Power Purchase Agreements that require no client capital expenditure while delivering electricity at 30–70% below grid prices.

Product overview

Greenvolt Next is a distributed renewable energy solutions provider offering an integrated platform of energy products and services for corporate and industrial clients. The core product is Solar Energy (photovoltaic installations), complemented by Solar Storage batteries, Energy Sharing communities, Electric Mobility charging, LED Lighting, and Asbestos Removal services. The company provides flexible financing models including Power Purchase Agreements (PPA) enabling zero-investment solar adoption. Greenvolt Next operates across 12 European markets with over 3,500 projects delivered, serving clients in industries including retail, healthcare, manufacturing, logistics, hospitality, and education.

Differentiator

Problem solved

Functional benefit

Brands

• Solarelit powered by Greenvolt: A company specializing in renewable energy and distributed generation solutions, operating in Italy as part of Greenvolt Group.

Products and services

• Solar Energy End-to-end design, procurement, installation and maintenance of photovoltaic solar energy systems (rooftop, ground-mounted, carport, nearsite, vertical) for corporate and industrial clients, available via PPA or direct purchase.
• Solar Storage Battery storage systems paired with PV installations to store surplus solar generation for nighttime or peak-demand use, with smart management systems that automatically balance generation, storage and consumption.
• Energy Sharing Distributed energy sharing solution enabling companies, public administrations and residents to share surplus on-site solar generation through Renewable Energy Communities and virtual self-consumption configurations.
• Electric Mobility EV charging solutions for businesses that power corporate fleets with electricity drawn from on-site solar generation, providing convenient and fast charging.
• LED Lighting High-efficiency LED lighting retrofit installations and specialised solutions (solar/off-grid, RGB, horticultural, aquaculture, agricultural, UV-C disinfection) reducing commercial and industrial lighting energy costs by up to 85%.
• Asbestos Removal Industrial asbestos removal paired with new roofing solutions, frequently combined with subsequent solar installation projects to ensure regulatory compliance and roof readiness.
• Power Purchase Agreement (PPA) Long-term contract offering 12–20 year electricity supply at stable competitive prices from Greenvolt-owned PV systems installed on client sites, with zero upfront investment and an option to purchase the system at pre-agreed terms at maturity.
• Operations and Maintenance (O&M) Services Ongoing operations and maintenance of installed solar systems to maximise production efficiency and ROI across the system lifetime, available to both PPA and direct-purchase clients.

Quantifiable outcome

• 30-70% reduction in energy bills compared to grid electricity
• +3 more outcomes

Named customers13 records

Segments7 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Seven partnerships are on record, tiered core, flagship and minor.

• AstellascoreStrategic or Co-development Partner · 12 May 2026Completed 2.2 MWp ground-mounted solar farm at Astellas' Damastown facility in Dublin, consisting of 3,192 solar panels and five inverters. System supplies ~27% of facility's electricity needs, cutting ~310 tonnes Scope 2 CO2 emissions annually.
• Cork AirportflagshipStrategic or Co-development Partner · 21 April 2026Greenvolt Next partnered with Cork Airport to develop Ireland's largest solar-powered carport, a 1.7 MW system with 3,696 panels generating ~1.5 GWh annually. Project supported by €2M government funding from Regional State Airports Sustainability Programme. Expected to meet 20% of airport's future electricity needs and support Cork Airport's 2030 energy-reduction targets.
• OMS SpacoreStrategic or Co-development Partner · 9 June 2025Greenvolt Next Italy partnered with OMS Spa for a nearly 1 MW (999 kWp) photovoltaic plant in Salassa, Piedmont. Project involved removal and redevelopment of industrial roofing across 9 buildings and installation of 1,998 photovoltaic modules over ~4,700 m².
• Casa RelvascoreStrategic or Co-development Partner · 16 April 2025Greenvolt Next Portugal established partnership for five decentralized renewable energy projects across Casa Relvas facilities in Alentejo region. Installation of 1,586 solar modules with 863.75 kWp combined capacity, generating 1.3 GWh annually and avoiding 586 tonnes CO2 per year.
• Cimbali GroupflagshipStrategic or Co-development Partner · 22 January 2025Extended partnership (15 years total) with Cimbali Group for new 230 kWp project at Dolo site, Venice. Combined with previous installations at Binasco and Cappella Cantone facilities, total capacity exceeds 1 MWp, avoiding 2,400 tonnes CO2 annually.
• ESI IndonesiaminorStrategic or Co-development Partner · 5 August 2024Greenvolt Group signed agreement with ESI Indonesia to accelerate Indonesian industry's energy transition, expanding distributed generation solutions beyond Europe.
• Regional State Airports Sustainability ProgrammeminorOthersIrish government programme providing €2M+ in funding support for Cork Airport solar carport project under Regional State Airports Sustainability Programme.

Scale indicators5 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• Sonnedix: Global independent power producer focused on solar PV generation, including a meaningful portfolio of C&I distributed-generation PPAs across Europe and the Americas. Operationally very close to Greenvolt Next's owned-and-operated DG PPA model.
• Lightsource bp: One of Europe's largest solar developers with a growing distributed-generation / C&I PPA book alongside its utility-scale pipeline. Targets the same European enterprise customers with solar and storage under PPA financing.
• BayWa r.e. European-headquartered solar EPC and project developer with broad PV services including distributed rooftop and ground-mount for C&I clients. Comparable multi-country European footprint and customer profile.
• Voltalia: French renewable energy developer active in solar and wind, including distributed-generation PPAs and on-site solutions across Europe. Targets similar C&I decarbonisation use cases with comparable PPA structures.

Broad incumbents

• EDP Renováveis: Large utility-scale and distributed renewable developer, part of the EDP group with deep Iberian roots. Competes with Greenvolt Next on C&I solar deals in Iberia but also operates utility-scale wind and broader generation.
• Enel Green Power: Global renewables arm of the Enel Group with utility-scale, distributed and storage offerings across Europe and the Americas. Competes for the same C&I solar contracts while also serving residential and grid-scale segments.
• Iberdrola Energía Verde: Renewable generation arm of Iberdrola with a major Iberian/European solar and wind portfolio. Increasingly competing for distributed and C&I solar PPAs against Greenvolt Next in Spain and Portugal.
• EDF Renewables: Subsidiary of the EDF group developing solar, wind and storage projects across Europe and internationally. Pursues both utility-scale and on-site / distributed generation projects with similar customer segments.
• Statkraft: European state-owned hydropower-led renewable energy major now also active in solar and wind development following acquisitions including Solarcentury. Competes in distributed solar and PPA-backed C&I opportunities across Europe.

Emerging players

• Holaluz: Spanish distributed-solar specialist focused on residential and small-commercial PPAs in Iberia. Smaller scale than Greenvolt Next but overlaps on the Iberian distributed-generation PPA customer base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat2 records

Key risks6 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@GreenvoltCorporate
• LinkedInlinkedin.com/company/greenvolt-next
• Instagraminstagram.com/greenvoltgroup

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries9 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Greenvolt Next Greece